Universal Music Group, also known as UMG, is publicly owned, headquartered in the Netherlands. Founded in 1934, the company employs approximately 8500 individuals. Functioning as a Dutch-American multinational music label, it operates as the largest music label globally.
On February 20, 2026, Universal Music Group (UMG) appointed Hannah Poferl as Chief Data Officer. Earlier that day, UMG subsidiary Virgin Music Group (VMG) completed its acquisition of Downtown Music Holdings LLC, a move aimed at establishing a global end-to-end solution for independent entrepreneurs, artists, and rights holders. As part of this development, Pieter van Rijn was named Chief Operating Officer of VMG.
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