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Universal Music Group
Sign in to saveAlso known as Universal Music, UMG Recordings, Inc.
Dutch–American music corporation
OverviewAI-generated
Universal Music Group, also known by the acronym UMG, is an active company established in 1934. Headquartered in Santa Monica, United States, the organization operates under the alias UMG Recordings. The company employs 7,912 people and has an official website at universalmusic.com.
Financial records indicate that Universal Music Group generated a total revenue of 5,673,000,000 and a net profit of 970,000,000. The entity maintains a social media presence with 2,240,000 followers. Its official description identifies it as the world's leading music company.
Synthesized by Vinony from 23 facts across 4 sources: Wikidata, Firecrawl, ROR, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.
Research organization · ROR
- Type
- Company
- Founded
- 1934
- Location
- Santa Monica, United States
- Also known as
- UMG, UMG Recordings
- Status
- Active
GRID grid.508501.9
Official website
Universal Music Group, the world's leading music company | Home Page - UMG
Universal Music Group is the world’s leading music company. We own and operate a broad array of businesses in more than 60 countries.
universalmusic.com →We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 territories. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world. Our vast catalog of recordings and songs stretches back over a century and comprises the largest, most diverse and culturally rich collection of music ever assembled. As digital technology refashions the world, our unmatched commitment to lead in developing new services, platforms and business models for the delivery of music and related content empowers innovators and allows new commercial and artistic opportunities to flourish. Knowing that music, a powerful force for good in the world, is unique in its ability to inspire people and bring them together, we work with our artists and employees to serve our communities. Universal Music Group’s corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California, USA. Sir Lucian Grainge is Chairman and Chief Executive Officer of Universal Music Group (UMG), the world leader in music-based entertainment. Grainge has spent his entire career in the music industry and has signed and worked with many worldwide stars, including ABBA, Jay Z, Elton John, Katy Perry, Queen, Rihanna, The Rolling Stones, Sam Smith, U2 and Amy Winehouse, among many others. Over the span of four decades, he has not only pioneered new approaches to the signing and development of the world’s most successful recording artists and songwriters but he has consistently championed the development of innovative business models … more Matt Ellis is Chief Financial Officer (CFO) of Universal Music Group (UMG). As CFO, Ellis is responsible for leading global financial operations across UMG and its subsidiaries. He is based in Santa Monica and reports to UMG Chairman and CEO, Sir Lucian Grainge. Ellis joined UMG following a 10-year tenure at Verizon Communications where he most recently served as Executive Vice President and Chief Financial Officer (CFO). In this role, he led all finance activities, including Controllership, Treasury, Tax, Investor Relations, FP&A, Internal Audit, Corporate Development, and Business Transformation. Prior to Verizon, Ellis held multiple senior finance positions at global … more Philippe Flageul is Executive Vice President, Controller for Universal Music Group. He is responsible for overseeing many aspects of UMG’s finance operations, including accounting, tax, treasury, risk management and IT and supply chain finance. He also oversees UMG’s global procurement. Flageul joined UMG is 2015 from Bolloré Group, where he worked for more than two decades as CFO of the industrial division and Chairman of IER. Philippe holds an MBA from EDHEC. Jeffrey Harleston is General Counsel and Executive Vice President of Business & Legal Affairs for Universal Music Group (UMG). Harleston is a member of UMG’s executive management board, and he is responsible for overseeing all business transactions, contracts, and litigation for UMG’s operations worldwide. In addition, he is also responsible for the company’s government relations, trade and anti-piracy activities. Harleston is also a Co-Founder of the UMG Task Force For Meaningful Change, an organization formed within UMG in the summer of 2020 to identify, coordinate and implement social change initiatives specifically directed at the Black and Latino communities. During … more Eric Hutcherson is Executive Vice President, Chief People and Inclusion Officer at Universal Music Group (UMG). In this role, Hutcherson is a member of the company’s senior management and leads a global team across UMG’s record labels, publishing division and operating companies to align talent functions, amplify the company’s entrepreneurial-based
Read more on their site →Excerpt from the official site · 7,049 chars · not written by Vinony
Wikidata facts
- Instance of
- public company
- Country
- Netherlands
- Founded by
- MCA Inc.
- Headquarters
- New York
- CEO
- Doug Morris
- Employees
- 4557
- Revenue
- 5673000000
- Stock exchange
- Amsterdam Stock Exchange
- Legal form
- naamloze vennootschap
- Follows
- PolyGram
- Official website
- www.universalmusic.fr
- Image
- Umgheadquarters.jpg
Show 10 more facts
- Commons category
- Universal Music Group
- topic's main category
- Category:Universal Music Group
- inception
- 1934-09-00
- short name
- UMG
- net profit
- 970000000
- different from
- Universal
- director / manager
- Lucian Grainge
- product or material produced
- music
- social media followers
- 2210000
Sources (7)
via Wikidata · CC0
~39 min read
Encyclopedic overview
Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Dutch-American music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands, and its operational headquarters are located in Santa Monica, California. As the biggest music company in the world, it is one of the "Big Three" record labels, along with Sony Music Entertainment and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion and acquired an additional ten percent stake in January 2021. Pershing Square Holdings later acquired ten percent of UMG before its IPO on the Euronext Amsterdam stock exchange. The French Bolloré family still owns 28 percent of UMG (18 percent directly, and ten percent through Vivendi, formerly Vivendi Universal, the Bolloré family's investment company). The company went public on September 21, 2021, at a valuation of €46 billion.
As of April 2024, UMG's catalogue includes over three million recordings and four million compositions.
Excerpted from Wikipedia’s “Universal Music Group” article, available under the CC BY-SA 4.0 licence.
Gallery (4)
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