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Universal Music GroupUniversal Music Group (UMG) is the largest major label in the record industry, with a 23% market share. They have some of the world's biggest artists including Aerosmith, Eminem, Luciano Pavarotti and U2. "Universal Music" was originally the music company attached to film studio Universal Pictures; its history is long and complexhttp://www.universalmusic.com/history.aspx, but the present organisation was formed when its owners, Seagram, bought PolyGram and merged it with UMG in 1998. Seagram has since sold UMG to Vivendi. Record labels UMG owns a large number of record labels, including: Universal Music Group also owns local "Universal" labels in Australia, Brazil, Canada, Colombia, the Czech Republic, Finland, Germany, Hong Kong, Hungary, Italy, Japan, Mexico, the Netherlands, Norway, Poland, Russia, Spain, Switzerland and Turkey. See also External links
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