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Universal Music Group

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Universal Music Group

Dutch–American music corporation

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About Universal Music Group

Universal Music Group N.V. is a Dutch-American music corporation under Dutch law. While UMG's corporate headquarters are located in Hilversum, Netherlands, 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. The company went public on September 21, 2021, at a valuation of €46 billion.

Facts from Wikidata (CC0). Image by ™/®Universal Music Group N.V. via Wikimedia Commons (Public domain).

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Country: United States, Netherlands
Headquarters: Santa Monica, Broadway, California, New York
Inception: September 1934
Website: https://www.universalmusic.com/, http://www.universalmusic.fr/

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