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Universal Music Group

Universal Music Group

Dutch based owner of major record labels and music publishers

Hilversum, NL Founded 1996 500+ employees

About

Universal Music Group is a music company headquartered in Hilversum, in the Netherlands. Its roots go back to Decca Records and other labels that came together under the Universal name in the 1990s. It was spun off from Vivendi and listed on Euronext Amsterdam in 2021.

The group owns record labels such as Republic, Interscope, Def Jam, Island and Capitol. It also owns the music publisher Universal Music Publishing Group. Its artists have included Taylor Swift, Drake, Bad Bunny and The Beatles catalog.

UMG earns income from recorded music, streaming, publishing, merchandise and licensing. It is one of three major music groups. It also signs licensing deals with streaming services and technology firms. Lucian Grainge has led the company since 2011. UMG has deals with TikTok and YouTube, and it licenses music to video games and fitness apps. Competitors include Sony Music and Warner Music Group.
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