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- Universal Music Group (UMG) is the largest music company in the world1. It develops, manufactures, markets, sells, and distributes the full spectrum of recorded music in 63 countries worldwide1. UMG is majority owned by the French media conglomerate Vivendi, with Chinese tech company Tencent owning a minority stake2. UMG's corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California2.Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Universal Music Group (UMG) is the largest music company in the world. UMG develops, manufactures, markets, sells, and distributes the full spectrum of recorded music in 63 countries worldwide through its numerous subsidiaries, joint ventures, and licensees that represent a dominating 98 percent of the world's music market.
www.encyclopedia.com/economics/economics-ma…Universal Music Group B.V. (often abbreviated as UMG) is a global music corporation that is majority owned by the French media conglomerate Vivendi, with Chinese tech company Tencent owning a minority stake. UMG's corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California.
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