Universal Music Group

A conglomerate is a group of companies with shared ownership and central, top-level leadership. The parent company is the organization that owns the other various companies, known as subsidiaries.

Background Information

What?: Big Four major record label

Owned by: Vivendi SA

Company Headquarters: Santa Monica, CA, USA and New York, New York, USA (with a number of offices scattered in different countries).

In it's early years, Universal Records was a relatively unimportant extension of the Universal Pictures Group, one of the most successful movie studios in Hollywood.

Universal Records was the label on which Universal Pictures would release soundtracks from their films. Throughout the years, however, Universal Records became an interest in its right and grew and evolved until it became the mega label it is today. Vivendi took over ownership of the label in February 2006.

 It is the largest business group and family of record labels in the world. It started in 1934 as "Decca Records USA" and had some other names, before it became "Universal Music Group" in 1996. The company is based in Santa Monica, California.

In 2016 Universal Music’s global record label revenue share was 28.9% It. is a wholly owned subsidiary of Vivendi.

Labels and brands

Here is a link which tells you all of them: https://www.universalmusic.com/labels/

Artists

Some of their artists are: Lady Gaga, Taylor Swift, Selena Gomez, Kanye West, Enrique Iglesias, Mariah Carey, Lil Wayne, Adele, Jay Z, Coldplay, Lorde etc.