Universal Music Group · New York, NY United States
Company Description
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This link will open in a new window For this company, music really is the universal language. Universal Music Group (UMG) is the world's largest recording company, boasting about 20 record labels including Island Def Jam Group and Interscope Geffen A&M Records . Its popular artists include Sheryl Crow, Sting, and U2, among many others. Universal Music Publishing Group is the world's largest music publishing house with more than a million copyrights under its control. UMG also owns the largest catalog of recorded music in the world. Its Universal Music Group Distribution division handles UMG's sales, marketing, and distribution operations. In 2008 it bought Univision's music assets. UMG is a subsidiary of French telecommunications giant Vivendi . To read the full description, subscribe now.
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Key Universal Music Group Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 1,050 |
Universal Music Group Executives
134 executives listed for Universal Music Group's New York, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Douglas Morris | Network |
| Vice Chairman and CFO | Marinus Henny | Network |
| President and COO | Zach Horowitz | Network |
Competition
Competitive Landscape for Universal Music Group
Demand is driven by consumer spending. The profitability of individual companies depends on discovering and promoting new musical talent and generating revenue from the company’s asset base of recordings and publications. Large companies have advantages in marketing and distribution. Smaller companies, referred to as Indies, compete by focusing on artists within local markets or music genres. The industry is capital-intensive: average annual revenue per employee is about $475,000. To read the full description, subscribe now.Top Universal Music Group Competitors
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