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August 02, 2015 11:55 PM ET


Company Overview of Universal Music Group, Inc.

Company Overview

Universal Music Group, Inc. provides recorded music, music publishing, and merchandising services in North America, Europe, Latin America, Asia Pacific, and worldwide. It discovers and develops songwriters, and owns and administers copyrights to musical compositions for use in recordings, public performances, and related uses, such as films and advertisements; and sells artist and music branded products through multiple sales points including online, fashion retail, and live performances worldwide. The company was formerly known as MCA Music Entertainment Group, Inc. and changed its name to Universal Music Group, Inc. in 1996. Universal Music Group, Inc. was incorporated in 1998 and is headq...

2220 Colorado Avenue

Santa Monica, CA 90404

United States

Founded in 1998





Key Executives for Universal Music Group, Inc.

Chairman, Chief Executive Officer and Member of Management Board
Age: 55
President and Chief Operating Officer
Chief Financial Officer and Executive Vice President
Chairman of Global Operations Outside Us and Chief Executive Officer of Global Operations Outside Us
Chief Executive Officer of Vevo, President of Vevo and Executive Vice President of Elabs
Compensation as of Fiscal Year 2015.

Universal Music Group, Inc. Key Developments

Ericsson Partners Universal to Create 5G Concert Video App

Ericsson has partnered Universal Music to create Streamr, a 5G-ready tool designed to enhance concert experiences through real-time sharing of live videos. The smartphone app and network infrastructure enables users to share their experiences by streaming live video from their phones during an event. Receivers of the live streams can be other users on handheld devices inside the arena, the large arena screens or internet viewers via a web portal.

Big Machine Label Group Reportedly Acquired Republic Nashville

Big Machine Label Group reportedly acquired Republic Nashville, LLC from Universal Music Group, Inc. Big Machine Label Group has acquired Republic Nashville, a label imprint that it previously part-owned with Universal Music Group, according to a media report. Scott Borchetta has extended his music distribution deal with Universal Music Group and fully acquired Republic Nashville.

NVE Records Signs Distribution Deal with Universal Music Group

NVE Records announced signing their distribution deal with Universal Music Group. NVE Records, is looking to expand their reach internationally with the new deal. The record label will also be expanding its roster and is currently seeking driven and talented individuals for new opportunities including but not limited to; development, recording and touring projects.

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