Universal Music Group (UMG)

Universal Music Group (UMG)

Universal Music Group (UMG) is a publicly owned, Dutch-American multinational music corporation founded in 1934. With approximately 8,500 employees and headquarters in the Netherlands, UMG is the world's largest music label.

Revenue

Founded

1934

Headcount

8,500

Headquarters

Netherlands

Primary Segment

Other

Ownership

Publicly Owned

News Summary:

Universal Music Group, Sony Music, and Concord reached a settlement in a lawsuit against the Internet Archive concerning the digitization of vinyl records. A confidential settlement was later reached between Universal Music Group and other major labels with the Internet Archive, ending a copyright battle over the digitization and streaming of historic recordings. Separately, Republic Records, a division of Universal Music Group, announced a strategic partnership with Nothing Projects Interactive to develop OnlyHands, a mobile fighting game using music to influence gameplay, scheduled for release in Q4 2025.
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Examples of Universal Music Group (UMG)'s suppliers include Grabyo, Dolby Laboratories and Super Hi-Fi.

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