DiscoVision is the name of several things related to the video LaserDisc format.
91-556: It was the original name of the "Reflective Optical Videodisc System" format later known as "LaserVision" or LaserDisc. MCA DiscoVision, Inc. was a division of entertainment giant MCA (Music Corporation of America), established in 1969 to develop and sell an optical videodisc system. MCA released discs pressed in Carson and Costa Mesa, California on the DiscoVision label from the format's Atlanta, Georgia launch in 1978 to 1982 and
182-518: A Sony -led consortium for $ 2.2 billion. Among the other companies that had competed for the recorded music business was Warner Music Group which was reported to have made a $ 2 billion bid. IMPALA opposed the merger. In March 2012, the European Union opened an investigation into the acquisition The EU asked rivals and consumer groups whether the deal would result in higher prices and shut out competitors. On September 21, 2012,
273-634: A merger that April. Decca at the time owned Coral Records and Brunswick Records , and an 89% stake in Universal Pictures Company, Inc. On July 13, 1962, the United States Department of Justice filed suit against MCA, charging that its acquisition of Decca's controlling interest in Universal violated antitrust laws. To retain Universal, MCA would have to close its talent agency, which represented most of
364-416: A patent holding company which manages and licenses intellectual property related to LaserDisc , Compact Disc , and optical disc technologies, as well as other non-disc related fields. In 1989, Pioneer acquired DiscoVision Associates where it continues to license its technologies independently. As the portfolio of patent expired, the presence of DiscoVision became less visible. However, it established
455-461: A talent agency with artists in the music business as clients, the company became a major force in the film industry, and later expanded into television production. MCA published music, booked acts, ran the MCA Records music label, represented film, television and radio stars, and eventually produced and sold television programs to the three major television networks, especially NBC . MCA was
546-541: A TV station in New York City, WWOR-TV (renamed from WOR-TV), in 1987, from RKO General subsidiary of GenCorp , which was in the midst of a licensing scandal. In 1982, MCA decided to start out its video game unit, MCA Video Games, led by technicians of the MCA DiscoVision unit. In 1983, MCA Videogames, the video game division of MCA itself and video game developer/publisher Atari Inc. entered into
637-739: A behind-the-scenes glimpse of film and television production at Universal Studios. This established a footprint of what is now known as Universal Studios Hollywood theme park . Over the next few decades, similar parks were built and expanded under MCA for Universal Orlando Resort in Orlando, Florida and Universal Studios Japan in Osaka . In 1966, MCA formed Uni Records in Hollywood , California, and in 1967, MCA bought New York–based Kapp Records . That same year MCA also acquired guitar maker Danelectro and mall retailer Spencer Gifts . In 1967,
728-478: A dozen movies released on the Paramount Home Video label in the summer of 1981. The successor to MCA DiscoVision, DiscoVision Associates (DVA) was the result of a partnership between IBM and MCA. It was hoped that the merger would provide the basis for improvement of the quality of DiscoVision pressings, but no appreciable improvement ever took hold. In 1981, responsibility for the laser videodisc
819-476: A former wife of Tom Petty that seeks class action status for artists whose master recordings were believed to have been destroyed in the Universal Studios fire. On December 9, 2011, Megaupload published a music video titled: "The Mega Song", showing artists including Kanye West , Snoop Dogg , Alicia Keys and will.i.am endorsing the company. The music video was also uploaded to YouTube, but
910-758: A global partnership agreement with UMG across recorded music, music publishing, brand management, and licensing rights. On November 19, 2018, singer-songwriter Taylor Swift signed a new multi-album deal with UMG, in the United States, her future releases will be promoted under the Republic Records imprint. In addition to the promised ownership of her master recordings, UMG agreed to, in case it sells portions of its stake in Spotify , distribute proceeds among its artists and make them non-recoupable. In December 2018, Queen's " Bohemian Rhapsody " became
1001-508: A global, multi-year agreement with Facebook becoming the first of The " Big Three " to license its recorded music and publishing catalogs for video and other social experiences across Facebook , Instagram and Oculus . Sony and Warner signed similar contracts with Facebook the following year. Furthermore, on December 19, 2017, UMG signed a multi-year licensing agreement with YouTube . In June 2018, Universal Music Japan announced an exclusive license agreement with Disney Music Group . With
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#17327722240631092-589: A movie division. The company began to acquire talent agencies, representing established actors such as James Stewart , Henry Fonda , Bette Davis , Jane Wyman and Ronald Reagan , whom Wasserman became very close with personally. In later decades, Wasserman became a guiding force in Reagan's political ambition by helping Reagan to win the presidency of the Screen Actors Guild (SAG), then election as Governor of California in 1966, and finally President of
1183-469: A new in-car audio collaboration with Apple Music and Universal Music Group. With this new audio standard, UMG allows its artists to base their song approval process on how the final mix sounds in a Mercedes‑Benz and introduced the "Approved in a Mercedes‑Benz" label as a standard. In November 2022, Universal Music Group acquired a 49% stake in Play It Again Sam (PIAS Group), which brings together
1274-456: A new multi-year licensing agreement with Spotify In June 2021, Pershing Square Tontine Holdings , a special-purpose acquisition company run by investor Bill Ackman, announced it would acquire 10 percent of UMG before it went public, in a $ 4 billion transaction. The deal collapsed in July 2021 due to regulatory concerns, and it was announced that Ackman's Pershing Square Holdings would complete
1365-817: A new multi-year licensing agreement with Spotify , the world's leading streaming service, and in May 2017, UMG signed a deal with Tencent , China's biggest gaming and social media firm. In July 2017, " Despacito " by Luis Fonsi , Daddy Yankee and featuring Justin Bieber , became the most streamed track of all time. By 2018, the song had broken several Guinness World Records , including Most Weeks at Number 1 on Billboard Hot Latin Songs chart and most-viewed video online. In August 2017, UMG and Grace/Beyond agreed to develop three new music-based television series, 27 , Melody Island and Mixtape . 27 would focus on musicians at
1456-538: A number of businesses including Univision from 1992 to 2007. Perenchio was well known for his version of the Rules (up to twenty rules), which varied from year to year and had some internal contradictions (In 2006, Perenchio pointed out that while there was a "no nepotism" rule, he was aware his son was on the company's board of directors at the time). In 1939, based on Wasserman's recommendation, MCA's headquarters moved from Chicago to Beverly Hills, California , creating
1547-655: A partnership to start out Studio Games, a joint venture that would develop video games based on MCA's film and television properties, most notably from then-sister Universal Pictures, and decided that they would give them access to all motion picture and television properties coming from the unit. In 1990, MCA hired Hanna-Barbera executive Jeff Segal to start out its MCA Family Entertainment arm (aka Universal Family Entertainment) and had Universal Cartoon Studios as its subsidiary. On November 26, 1990, Japanese multinational conglomerate Matsushita Electric Industrial Co., Ltd. agreed to acquire MCA for US$ 6.59 billion. MCA
1638-419: A result of the fire. Representatives for R.E.M. announced they would investigate the effects the fire may have had on the band's archival materials, while Hole , Steely Dan , Rosanne Cash and Geoff Downes made statements on their possible losses from the fire. A representative for Eminem confirmed that the rapper's master recordings were digitized months before the fire, but could not confirm whether
1729-614: A series of independent labels. In January 2023, Sherry Lansing was named the Chairman of Board of Directors of the Universal Music Group. In August 2023, it was announced UMG had acquired the UAE -based music marketing, digital publishing and distribution agency, Chabaka. In 2023, Universal Music Group and Deezer announced their initiative to explore potential new business models for music streaming that better recognize
1820-474: A similar settlement was entered into with music publishers and distributors Sony Music , Warner Music , Bertelsmann Music Group , EMI Music and Universal Music Group and certain retailers, without admission of liability or wrongdoing, with various states. In settlement of the claim, the companies collectively agreed to pay a $ 67.4 million fine and distribute $ 75.7 million in CDs to public and non-profit groups. It
1911-513: A valuation of €46 billion. As of April 2024, UMG's catalogue includes over 3 million recordings and 4 million compositions. As of November 2024, UMG is facing accusations of violating the Racketeer Influenced and Corrupt Organizations Act ; and using deceptive business practices and false advertising under New York state law, to illegally inflate music streams using bots, payola and other methods. The company's origins go back to
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#17327722240632002-512: A worldwide basis. The exclusive deal also saw UMG granted unlimited access to all rights pertaining to Disney's 85-year back catalog of soundtracks and albums. On April 2, 2013, the gospel music divisions of Motown Records and EMI merged to form a new label called Motown Gospel. In May 2013, Japanese company SoftBank offered $ 8.5 billion to Vivendi for the acquisition of UMG, but Vivendi rejected it. In July 2018, JPMorgan said that UMG could be worth as much as $ 40 billion and then increased
2093-799: Is also headquartered in Hollywood. Universal Music Group operates a secondary office in Woodland Hills that includes finance, royalty, and operations functions. Universal Music Latin Entertainment is headquartered in Miami, Florida . Universal Music Group Nashville is headquartered in Nashville, Tennessee . UMG has offices in New York City where Island Records , Def Jam Recordings , Republic Records , Verve Label Group , and Spinefarm Records are headquartered. Universal Music Spain
2184-640: Is based in Madrid , Spain. Universal Music Group Global (formerly known as Universal Music Group International (UMGI) ) operates offices in London. Universal Music GmbH, the German subsidiary, is headquartered in Berlin . It moved in 2002 from Hamburg to the district Friedrichshain at the river Spree . In February 2024 the company moved out of the iconic building also called "Eierspeicher" into another office down
2275-598: Is expected to be of $ 3.36 billion. In February 2020, Vivendi announced it was planning to go public in an IPO within three years. On June 16, 2020, Universal rebranded Virgin EMI Records as EMI Records and named Rebecca Allen (former president of UMG's Decca label) as the label's president, bringing back the EMI brand. The same day, UMG announced launch of its new affiliates in Morocco and Israel. In July 2020, UMG signed
2366-638: Is over a third bigger than initial valuation. In January 2022, UMG (through INgrooves ) acquired the Icelandic record label Alda Music, which owned the rights to nearly 80 percent of all music released in Iceland. In February 2022, Universal Music Group announced a partnership with Curio, an NFT platform, to create NFT collections for its record labels and artists. On May 31, 2022, Universal Music Group announced Baa1/BBB long-term credit ratings from Moody's and S&P. In October 2022, Mercedes-Benz launched
2457-618: Is still in operation. MCA's classical music catalog is managed by Deutsche Grammophon . Universal Music Group Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music ) is a Dutch – American multinational music corporation under Dutch law . UMG's corporate headquarters are located in Hilversum , Netherlands and its operational headquarters are located in Santa Monica , California. The biggest music company in
2548-535: The MCA Records label was established outside the United States and Canada to issue releases by the MCA group of labels. Decca, Kapp, and Uni were merged into MCA Records at Universal City, California in 1971; the three labels maintained their identities for a short time but were soon retired in favor of the MCA label. The first MCA Records release in the US was former Uni artist Elton John 's " Crocodile Rock " in 1972. In 1973,
2639-508: The New York Stock Exchange and was incorporated as MCA Inc. on November 10, 1958. A couple of years later, Alfred Hitchcock gave MCA his rights to Psycho and his television anthology in exchange for 150,000 shares, making him the third largest investor in MCA, and his own boss at Universal. On June 18, 1962, Decca Records shareholders agreed to MCA's buyout offer after the record label had entered into talks about
2730-487: The "Annenberg Inclusion Initiative", becoming the first music company to do so. The initiative is meant to create change for representation of women and underrepresented racial and ethnic groups in the media industry. In December 2017, Universal Music Group acquired Stiff and ZTT labels, along with Perfect Songs Publishing, from Trevor Horn 's SPZ Group; BMG Rights Management , through Union Square Music subsidiary, retained its back catalogues. That same month, UMG signed
2821-714: The 'ethical use' of Artificial Intelligence (AI). Also in October 2023, UMG formed a new partnership with BMG Rights Management to develop collaborative initiatives to enlarge opportunities for BMG-signed artists all over the world. Unable to reach a licensing agreement with TikTok, UMG removed its music from the platform in January 2024, During UMG's fourth-quarter earnings call on February 29, Grainge said: "There must not be free rides for massive global platforms such as TikTok." The company reported that quarterly revenue rose 9 percent, to 3.2 billion euros ($ 3.5 billion). Following
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2912-531: The Beatles (formerly of Parlophone) and Robbie Williams (formerly of Chrysalis). The Beatles catalogue was transferred to UMG's newly formed Calderstone Productions , while Williams' catalogue was transferred to Island Records . Universal Music Group completed their acquisition of EMI on September 28, 2012. In November 2012, Steve Barnett was appointed chairman and CEO of Capitol Music Group . He formerly served as COO of Columbia Records . In compliance
3003-659: The Greek market, as part of its divesture plans, Universal Music retained Minos EMI and sold Universal Music Greece to Greek investors who renamed it Cobalt Music. Edel AG acquired the MPS catalogue from Universal in January 2014. On March 20, 2013, UMG announced the worldwide extension of their exclusive distribution deal with the Disney Music Group , excluding Japan. As a result of this deal DMG's labels and artists have access to UMG's roster of producers and songwriters on
3094-872: The Philippines and more. Company's legal headquarters are in the Netherlands. Universal Music Group's largest corporate shareholder, Tencent , is headquartered in Shenzhen , China. Tencent's ultimate largest controlling corporate shareholder, Naspers , is headquartered in Cape Town , South Africa. On March 8, 2022, UMG suspended all its operations in Russia , following the country's invasion of Ukraine . In 2023, UMG announced its expansion with its new office in Casablanca , Morocco. As of January 2022,
3185-631: The Top 10 artists, including all of the top five, as well as all of the top eight artists ranked by on-demand audio streams. In August 2018, UMG announced a strategic expansion in Africa, opening an office in Abidjan to oversee French-speaking Africa, and also unveiling a Universal Music Nigeria office in Lagos to focus on signing local artists and taking them global. In September 2018, singer Elton John signed
3276-443: The United States in 1980. By the end of the 1930s, MCA had become the largest talent agency in the world, with over 700 clients, including movie stars, recording artists, Broadway actors, radio stars, and directors. The company's aggressive acquisition of clientele in all entertainment sectors earned MCA the nickname of "The Octopus". The company's activities led U.S. Department of Justice agents to investigate not only whether MCA
3367-492: The acquisition was completed on June 25, 2007. In June 2007, UMG acquired Sanctuary, which eventually became UMG's entertainment merchandising and brand management division, Bravado. In 2008, Universal Music Group agreed to make its catalog available to Spotify , then a new streaming service, for use outside the U.S. on a limited basis. Doug Morris stepped down from his position as CEO on January 1, 2011. Former chairman/CEO of Universal Music International Lucian Grainge
3458-545: The addition of Japan, UMG distributes releases from Disney Music Group globally. In July, the Rolling Stones signed a worldwide agreement with UMG covering the band's recorded music and audio-visual catalogues, archival support, global merchandising and brand management. That same month, Vivendi announced it would explore selling as much as half of Universal Music Group to one or more investors. In Nielsen's 2018 US Music Mid-Year report, UMG made history with eight of
3549-432: The age of 23 and rose through the ranks of MCA for more than four decades, with Sonny Werblin as his right-hand man. Wasserman helped create MCA's radio show, Kay Kyser's Kollege of Musical Knowledge , which debuted on NBC Radio that same year. Following that success, Stein installed Wasserman in New York City in 1937, but Wasserman convinced him that Hollywood was the best place for the company's growth. The company
3640-452: The age of 27, an age at which several iconic musicians died . Melody Island was an animated series based on tropical island music with live craft segments. Mixtape had twelve episodes, with each episode connected to a song. In October 2017, UMG announced the launch of its Accelerator Engagement Network, an initiative aimed to help develop music-based startups around the world. In November 2017, USC Annenberg announced UMG's partnership in
3731-466: The company entered the book publishing business with the acquisition of G. P. Putnam's Sons . In 1979, it acquired ABC Records along with its subsidiaries Paramount Records , Impulse! Records , and Dot Records . ABC had acquired the Paramount and Dot labels when it purchased Gulf+Western 's record labels in 1974, then the parent company of Paramount Pictures . From 1983 to 1989, Irving Azoff
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3822-583: The company he founded and Wasserman took over as chairman and chief executive officer, while Sidney Sheinberg was appointed president and chief operating officer of MCA. Other executives within MCA were Lawrence R. Barnett, who ran the agency's live acts division during its glory agency years in the 1950s and 1960s, and Ned Tanen , head of Universal Pictures . Tanen was behind Universal hits such as Animal House , and John Hughes 's Sixteen Candles and The Breakfast Club . MCA issued soundtrack albums for most films released by Universal Pictures. In 1975,
3913-425: The company was renamed Universal Studios, Inc. , and its music division was renamed Universal Music Group; MCA Records continued as a label within the Universal Music Group. In May 1998, Seagram purchased PolyGram and merged it with Universal Music Group in early 1999. Seagram's entertainment assets were then sold to French media conglomerate Vivendi in 2000, along with UMG. In May 2004, Universal Music Group
4004-554: The company's catalog division, are headquartered in Santa Monica. Def Jam , Island and Republic Records also maintain offices there. UMG chairman & CEO Lucian Grainge is based at the company's Santa Monica offices. Universal Music Publishing is also headquartered in the city. Capitol Music Group is headquartered at the Capitol Records Building in Hollywood. Universal Music Latin Entertainment
4095-475: The company's shares were held by: In 2000, music companies including UMG entered into consent agreements with the Federal Trade Commission , with no admission of liability, whereby they agreed to discontinue the use of Minimum Advertised Price programs under which subsidized cooperative advertising was provided to retailers that agreed to adhere to minimum advertised pricing. In 2002,
4186-1524: The conditions of the European Commission after purchase of EMI, Universal Music Group sold the Mute catalogue to the German-based BMG Rights Management on December 22, 2012. Two months later, BMG acquired Sanctuary Records for €50 million ($ 58 million). On February 8, 2013, Warner Music Group acquired the Parlophone Label Group (consisting of Parlophone Records , Chrysalis Records , EMI Classics , Virgin Classics and EMI Records' Belgian, Czech, Danish, French, Norwegian, Portuguese, Spanish, Slovak and Swedish divisions) for $ 765 million (£487 million). Later in February, Sony Music Entertainment acquired UMG's European share in Now That's What I Call Music for approximately $ 60 million. Play It Again Sam acquired Co-Operative Music for £500,000 in March 2013. With EMI's absorption into Universal Music complete, its British operations consist of five label units: Island, Polydor, Decca, Virgin EMI and Capitol. In
4277-533: The court holding a trial on whether UMG had a subjective belief that the video was infringing and not fair to use before sending its request to YouTube. In April 2016, UMG had the audio muted of a video clip showing Katherine Jenkins singing the British national anthem. They claimed that the recording of " God Save the Queen " was copyrighted, and YouTube initially complied with this request, but subsequently offered
4368-436: The deal, MCA leased the studios back to Universal for $ 2 million a year, plus unlimited access to MCA's clients such as Jimmy Stewart, Rock Hudson , Doris Day and Alfred Hitchcock to make films for Universal. Stein, who by this time was the sole owner of MCA, decided to take the company public by giving 51% of his ownership of MCA to his employees, which included a 20% stake for Wasserman . The company went public on
4459-527: The disbandment of Island Def Jam Music , one of four operational umbrella groups within Universal Music. Universal CEO Lucian Grainge said of the closure, "No matter how much we might work to build 'IDJ' as a brand, that brand could never be as powerful as each of IDJ's constituent parts." Island Records and Def Jam now operate as autonomous record labels. David Massey and Bartels, who worked respectively at Island and Def Jam Records, were named to
4550-594: The earnings call, UMG began a "strategic organizational redesign" that included company-wide layoffs. Universal Music Group co-developed with Google Vevo , a site designed for music videos inspired by Hulu , which similarly allows free ad-supported streaming of videos and other music content. On May 24, 2018, Vevo announced that it would no longer continue distributing videos to Vevo.com, instead opting to primarily focus on YouTube syndication. UMG's operational headquarters are located in Santa Monica . Interscope-Geffen-A&M and Universal Music Enterprises (UME),
4641-498: The end of 1962, MCA assumed full ownership of Universal. In 1964, MCA entered the music publishing business when it acquired Lou Levy 's Leeds Music, and formed Universal City Studios the same year in effort to merge under one umbrella both Universal Pictures and its Revue Studios division, which was later reincorporated as Universal Television in 1966. On July 15, 1964, MCA established the Studio Tour , which provided guests
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#17327722240634732-576: The final Decca pop label release, " Drift Away ", a No. 5 pop hit by Dobie Gray , was issued. MCA had two failed mergers in 1969. Initially, it planned a merger with Westinghouse Electric Corporation but that collapsed in April, and in July, they announced a proposed merger with the Firestone Tire and Rubber Company , but this too was called off in September. In 1973, Stein stepped down from
4823-459: The fire which swept through Universal Studios Hollywood on June 1, 2008, caused "the biggest disaster in the history of the music business". In space rented from NBCUniversal, according to an official document marked "Confidential", the fire destroyed at least 118,230 "assets" ( master recordings ), or about 500,000 song titles, owned by UMG. "The vault housed tape masters for Decca , the pop, jazz and classical powerhouse; it housed master tapes for
4914-468: The formation of the American branch of Decca Records in September 1934, and its name and company logo originate from Carl Laemmle 's Universal Pictures . Although the movie studio and the music business share a common history, today the former is part of Comcast and the latter an independent commercial entity. During World War II , many record companies donated their metal masters to recycling for
5005-614: The industry's biggest names (a select few handled by Wasserman personally). In reality, MCA's talent agency arm became defunct the day the DOJ filed the suit; dissolving it that October was a mere formality. MCA's now-former agents quickly formed new agencies, many of which are woven into the corporate fabric of today's talent management; Jerry Perenchio 's Chartwell Artists represented Elizabeth Taylor and Muhammad Ali . Former MCA agents Freddie Fields and David Begelman formed Creative Management Associates , another important new agency. By
5096-700: The last DiscoVision label discs were manufactured by Pioneer in Japan. In the same year, MCA discontinued their DiscoVision branding, due to the sale of the technology to Pioneer (who then rebranded the format as LaserDisc ) and in turn rebranded their laserdisc releases, now fabricated by Pioneer, under the MCA Videodisc banner; this was changed to the "MCA Home Video" name for both its VHS and videodisc releases. Some of DiscoVision's technical staff went on to form MCA Video Games, in an effort to produce video game cartridges. DiscoVision Associates later evolved into
5187-736: The legal predecessor of Vivendi Universal and thereby NBCUniversal . Its other legal successor is Universal Music Group Holding Corp, a holding company owned by Universal Music Group (which has absorbed PolyGram ). MCA was formed in 1924 by Jules Stein and William R. Goodheart, Jr., as Music Corporation of America , a music booking agency based in Chicago, Illinois. MCA helped pioneer modern practices of touring bands and name acts. Early on, MCA booked such prominent artists as King Oliver and Jelly Roll Morton for clubs and speakeasies run by legendary notorious Chicago mobsters such as Al Capone and others. Lew Wasserman joined MCA in 1936 at
5278-671: The major Grammy Awards for the year, with Sam Smith receiving Best New Artist , Record of the Year and Song of the Year awards and Beck winning Album of the Year . In March 2016, Universal Music Canada donated the archives of EMI Music Canada to the University of Calgary . In May 2016, UMG acquired Famehouse, a digital marketing agency. That same year, Paul McCartney and the Bee Gees both signed to UMG's Capitol Records, including their catalog releases. In April 2017, UMG signed
5369-453: The most-streamed song from the pre-streaming era and the most-streamed classic rock song of all time. In February 2019, UMG fully acquired music distributor INgrooves . In June 2019, YouTube and UMG announced that they were upgrading more than 1,000 popular music videos to high definition, releasing them through 2020. In August 2019, Tencent and Vivendi started negotiation to sell 10% Vivendi's stake of Universal Music to Tencent. The deal
5460-477: The music industry. It became a shareholder in USA Network in 1981, eventually owning 50% of the network (the other half was owned by Paramount). In 1982, its publishing division, G. P. Putnam's Sons, bought Grosset & Dunlap from Filmways . In 1984, MCA bought Walter Lantz Productions and its characters, including Woody Woodpecker . In 1985, MCA bought toy and video game company LJN . It also bought
5551-537: The new owners dropped the MCA name; the company became Universal Studios, Inc. MCA's music division, MCA Music Entertainment Group, was renamed Universal Music Group . MCA Records continued to live on as a label within the Universal Music Group. The following year, G. P. Putnam's Sons was sold to the Penguin Group subsidiary of Pearson PLC . In the spring of 2003, MCA Records was folded into Geffen Records . Its country music label, MCA Nashville Records ,
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#17327722240635642-481: The new record labels independently. Barry Weiss , who previously moved from Sony Music to lead Island Def Jam Music in 2012 when Motown Records was incorporated into Island Def Jam, stepped down from Universal Music. Additionally, as part of the changes to the labels, Motown Records transferred to Los Angeles to become part of the Capitol Music Group and previous Vice President Ethiopia Habtemariam
5733-502: The old Republic Pictures studio lot in Studio City, California . In February 1958, MCA acquired Paramount Pictures ' pre-1950 sound feature film library for $ 10 million, through a newly created MCA subsidiary, EMKA, Ltd. In December 1958, MCA bought the 423-acre (1.71 km ) Universal Studios lot from Universal Pictures for $ 11,250,000 and renamed it, as well as the actual television unit, Revue Studios . As part of
5824-539: The physical master reels of his recordings were affected. UMG archivist Patrick Kraus assured that the Impulse! Records , John Coltrane , Muddy Waters , Ahmad Jamal , Nashboro Records , and Chess Records masters survived the fire and were still in Universal's archive. Howard King filed a lawsuit in Los Angeles on June 21, 2019, on behalf of Soundgarden , Hole , Steve Earle , the estate of Tupac Shakur and
5915-677: The purchase instead. In September 2021, IPO , Euronext Amsterdam announces an introduction price of €18,50 and Vivendi set an initial valuation for UMG at €33 billion ($ 38.3 billion). Vivendi distributed 60% of its UMG shares and retaining 10%. The family of French businessman Vincent Bolloré is revealed as the majority shareholder with 28% of UMG shares, through its holding company Bolloré (18%) and its subsidiary Vivendi (10%), headed by his son Yannick Bolloré . Tencent emerged as UMG's biggest corporate shareholder with 20% of shares. Pershing Square Holdings held 10% of UMG shares. In its IPO, UMG hits €54 billion ($ 62.6 billion) valuation which
6006-423: The release of the film, The Four Seasons . DiscoVision titles included films from Universal Pictures , Paramount Pictures , Warner Bros. Pictures, and Disney content. Agreements were made with Columbia Pictures and United Artists , though no discs were released on the DiscoVision label from either studio. Most of these companies later established their own labels for the format, the first being Paramount with
6097-678: The sale of EMI to UMG was approved in the European Union and the United States by the European Commission and Federal Trade Commission respectively. However, the European Commission approved the deal only under the condition the merged company divest one third of its total operations to other companies with a proven track record in the music industry. UMG divested Mute Records , Parlophone , Roxy Recordings , MPS Records , Cooperative Music , Now That's What I Call Music! , Jazzland , Universal Greece, Sanctuary Records , Chrysalis Records , EMI Classics , Virgin Classics , and EMI's European regional labels to comply with this condition. UMG retained
6188-413: The scope of the incident and affected assets." Following the publication of the New York Times story, Questlove of The Roots confirmed that the master tapes for two of the band's albums, including unused material and multi-track recordings, were lost in the fire. Similarly, Nirvana bassist Krist Novoselic said he believed the masters for the band's 1991 album Nevermind were "gone forever" as
6279-412: The state in settlement. In 2007, with the help of the Electronic Frontier Foundation, Stephanie Lenz sued UMG's publishing company for allegedly improperly requesting that, pursuant to the Digital Millennium Copyright Act , YouTube remove a 29-second home video in which Lenz's child danced to a recording of Prince's song " Let's Go Crazy ". After years of litigation, the suit settled in 2018, prior to
6370-534: The storied blues label Chess ; it housed masters for Impulse! , the groundbreaking jazz label. The vault held masters for the MCA, ABC, A&M, Geffen and Interscope labels; as well as some smaller subsidiary labels. Nearly all of these masters—in some cases, the complete discographies of entire record labels—were wiped out in the fire." In a statement issued on June 11, 2019, UMG said The New York Times article contained "numerous inaccuracies, misleading statements, contradictions and fundamental misunderstandings of
6461-496: The street. Universal Music Group's Universal Music Polska is located in Warsaw . Universal Music Group's Universal Music Canada is located in Toronto . Universal Music Japan is headquartered in Shibuya , Tokyo. UMG operates in more than 60 territories around the world including Australia, Central America, Brazil, France, India, China, Hong Kong, Taiwan, Sub-Saharan Africa, Central and Eastern Europe, New Zealand, Russia, Ukraine, South Korea, Singapore, Malaysia, Indonesia,
6552-419: The success of a patent holding company , which other companies are stimulated to generate royalty income from their own patent portfolio. This article about a technological corporation or company is a stub . You can help Misplaced Pages by expanding it . MCA Inc. MCA Inc. (originally an initialism for Music Corporation of America ) was an American media conglomerate founded in 1924. Originally
6643-699: The takedown was ordered under the terms of the Digital Millennium Copyright Act , and said that the takedown was "pursuant to the UMG-YouTube agreement," which gives UMG "the right to block or remove user-posted videos through YouTube's CMS (Content Management System) based on a number of contractually specified criteria." The video was subsequently returned to YouTube, with the reasons for the UMG takedown remaining unclear. Lawyers for will.i.am initially claimed that he had never agreed to
6734-569: The valuation to $ 50 billion in 2019. In August 2013, UMG became the first company in the US to have nine of the Top 10 songs on the digital charts, according to SoundScan and weeks later, became the first company to hold all 10 of the Top 10 spots on the Billboard Hot 100 Chart . In September 2013, UMG received a SAG-AFTRA American Scene Award for the company's commitment to diversity as exemplified by its "entire catalog and roster of artists." On April 1, 2014, Universal Music announced
6825-440: The value created by artists. Indeed, in September 2023, they announced their launch of an artist-centric streaming model designed to better remunerate the artists and music that fans mostly enjoy. Also in 2023, Universal Music Group introduced a HBCU scholarship program for aspiring doctors. In October 2023, UMG and BandLab Technologies formed a partnership to protect the rights of artists as well as songwriters and guarantee
6916-440: The video with the original audio track. In December 2007, UMG announced a deal with Imeem that allowed users of the social network to listen to any track from Universal's catalogue for free with a portion of the advertising generated by the music being shared with the record label. All traffic was redirected to MySpace after that company acquired Imeem on December 8, 2009. According to Jody Rosen of The New York Times ,
7007-535: The war effort. However, Universal was an exception and donated more than 200,000 of their historic master recordings to the Library of Congress . The Decca Record Co. Ltd. of England spun American Decca off in 1939. MCA Inc. merged with American Decca in 1962. In November 1990, Japanese multinational conglomerate Matsushita Electric agreed to acquire MCA for $ 6.59 billion. In 1995, Seagram acquired 80 percent of MCA from Matsushita. On December 9, 1996,
7098-506: The world, it is one of the " Big Three " record labels, along with Sony Music Group 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 prior to its IPO on the Euronext Amsterdam stock exchange. The company went public on September 21, 2021, at
7189-513: Was a monopoly breaking antitrust laws, but also its suspected connections to underworld criminal activities. This investigation continued for the next few decades. In 1948, Jules Stein moved up as MCA's first chairman, giving Lew Wasserman charge of day-to-day operations of the company as president. That year, Stein and Wasserman decided to get into a new medium that would soon change the entertainment industry: television. Although many motion picture studios would not touch this new medium, thinking it
7280-533: Was cast under separate management from Universal Studios, when Vivendi sold 80% of the latter to General Electric , who subsequently merged it with NBC to form NBCUniversal . This came two months after the separation of Warner Music Group from Time Warner . In February 2006, Vivendi purchased the remaining 20 percent of UMG from Matsushita Electric . On September 6, 2006, Vivendi announced its €1.63 billion ($ 2.4 billion) purchase of BMG Music Publishing ; after receiving European Union regulatory approval,
7371-509: Was chairman of MCA Records and is credited for turning around the fortunes of the label. The Chess Records catalog was acquired from the remnants of Sugarhill in 1985. Motown Records was bought in 1988 (and sold to PolyGram in 1993). GRP Records (which became for some years MCA's jazz music label and thus began managing the company's jazz catalogue) and Geffen Records (which served as another mainstream music subsidiary) were acquired in 1990. MCA also acquired other assets outside of
7462-440: Was estimated that consumers were overcharged by $ 500 million and up to $ 5 per album. In May 2006, an investigation led by then New York Attorney General , Eliot Spitzer , concluded with a determination that Universal Music Group bribed radio stations to play songs from Ashlee Simpson , Brian McKnight , Big Tymers , Nick Lachey , Lindsay Lohan and other performers under Universal labels. The company paid $ 12 million to
7553-555: Was forced to sell WWOR-TV in 1991 to Pinelands, Inc. because of the Federal Communications Commission (FCC) rules that foreign companies could not own over 25% of a U.S. TV station. In 1995, Seagram acquired 80% of MCA from Matsushita. On November 26, 1996, MCA announced that it would acquire television syndication company Multimedia Entertainment from Gannett , who acquired its parent company in 1995, for $ 40 million. On December 9, 1996,
7644-647: Was granted, the company formed MCA Television Limited for syndication . In 1950, Revue Productions , once a live concert promotion division that produced "Stage Door Canteen" live events for the USO during World War II, was re-launched as MCA's television production subsidiary. By 1956, Revue became the top supplier of television for all broadcast networks, spanning three decades of television programs such as Armour Theater , General Electric Theater , The Jane Wyman Show , Leave It to Beaver , Wagon Train , and many others. Prior to 1958, all Revue's shows were filmed at
7735-512: Was guided by a codification of Stein's pet policies known as "The Rules of The Road". The Rules were passed down from the Prohibition era, Chicago–area MCA (referenced in books like Citizen Cohn and The King and Queen of Hollywood ) to the 1940s Los Angeles–area firm, which focused on representing movie actors. The Rules were next passed to the 1950s generation of MCA talent agents, including Jerry Perenchio , who later owned and headed
7826-402: Was just a fad and would fade away, MCA decided to embrace it. First, however, the company needed to get a waiver from the Screen Actors Guild , which ruled at the time that talent agencies such as MCA were prohibited from producing TV shows or films. Thanks to the newly elected SAG president, Ronald Reagan (an MCA client), MCA was granted a waiver to start producing TV shows. After the waiver
7917-507: Was president of production as head of film and television development and production, and theater producer Scott Landis as special advisor on theatrical development and production. UMG Executive Vice President Michele Anthony and Universal Music Publishing Group Chairman and CEO Jody Gerson have oversight of the pair. On February 11, 2017, PolyGram Entertainment was relaunched as a film and television unit of Universal Music Group under David Blackman. In 2015, UMG's Capitol Records earned all
8008-593: Was promoted to CEO of the company. Grainge later replaced Morris as chairman on March 9, 2011. Morris became the next chairman of Sony Music Entertainment on July 1, 2011. With Grainge's appointment as CEO at UMG, Max Hole was promoted to COO of UMGI, effective July 1, 2010. In January 2011, UMG announced it was donating 200,000 master recordings from the 1920s to 1940s to the Library of Congress for preservation. In 2011, EMI agreed to sell its recorded music operations to Universal Music Group for £1.2 billion ($ 1.9 billion) and its music publishing operations to
8099-514: Was promoted to Label President for Motown Records. Universal Music Group entered into film and TV production with the 2014 purchase of Eagle Rock Entertainment . UMG's first major film production was Amy , which won an Oscar for Best Documentary, while taking part in Kurt Cobain: Montage of Heck and The Beatles: Eight Days a Week documentaries. In January 2016, UMG hired David Blackman from Laurence Mark Production where he
8190-556: Was removed following a takedown request by UMG. Megaupload said that the video contained no infringing content, commenting: "we have signed agreements with every featured artist for this campaign". Megaupload requested an apology from UMG, and filed a lawsuit against the company in the United States District Court for the Northern District of California , on December 12, 2011. UMG denied that
8281-560: Was sold to Pioneer Electronic Corporation , after MCA Discovision had previously started a partnership in 1977 with Pioneer, Universal Pioneer , to produce the Pioneer PR-7820 player (the first industrial model of DiscoVision player from 1978), as well as establishing disc pressing plants in Japan. As part of the partnership, Pioneer, in association with MCA, had a disc replication facility in Kofu , Japan that produced discs. Some of
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