Sherry Lansing is an American former film studio executive. The chairwoman of the Universal Music Group board of directors, she was the chairman and CEO of Paramount Pictures and president of production at 20th Century Fox prior to her retirement. From 1999 to 2022, she was on the University of California Board of Regents. In 2005, she became the first female movie studio head to place hand and foot prints at the Grauman's Chinese Theater. In 2001, she was named one of the 30 most powerful women in the US by Ladies' Home Journal, and The Hollywood Reporter named her number 1 on its Power 100 list numerous times.

Universal Music Group N.V. 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 the world, it is one of the "Big Three" record labels, along with Sony Music 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 a valuation of €46 billion.