Universal Music Group is an American global music corporation, majority owned by the French media conglomerate Vivendi, with Chinese tech company Tencent owning a minority stake. UMG's global corporate headquarters are located in 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. Ten percent of Universal Music Group was acquired by Tencent in January 2020 for US$3 billion. In 2019, Fast Company named Universal Music Group the most innovative music company and listed UMG among the Top 50 most innovative companies in the world and "amid the music industry's digital transformation, Universal is redefining what a modern label should look like." UMG has signed licensing agreements with more than 400 platforms worldwide. The company's origins go back to the formation of the American branch of Decca Records in September 1934; 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, the company was renamed Universal Studios, Inc. and its music division was renamed Universal Music Group. In May 1998, Seagram purchased PolyGram and merged it with Universal Music Group in early 1999. In May 2004, Universal Music Group was cast under separate management from Universal Studios, when French media conglomerate 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 purchase of BMG Music Publishing. In June 2007, UMG acquired Sanctuary, which became UMG's entertainment merchandising and brand management division, Bravado.
The company represents artists such as Justin Bieber, Lady Gaga, Kanye West, has partnered with retailers including Barneys, Bloomingdale's and Selfridges. In 2008, Universal Music Group agreed to make its catalog available to Spotify a new streaming service, for use outside the U. S. on a limited basis. With Lucian Grainge's appointment as CEO at UMG, Max Hole was promoted to COO of UMGI, effective July 1, 2010. Doug Morris stepped down from his position as CEO on January 1, 2011. Former chairman/CEO of Universal Music International Lucian Grainge was promoted to CEO of the company. Grainge replaced him 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. Starting in 2011 UMG's Interscope Geffen A&M Records began signing contestants from American Idol/Idol series. 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 and its music publishing operations to a Sony-led consortium for $2.2 billion. Among the other companies that had competed for the recorded music business was Warner Music Group, 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, the sale of EMI to UMG was approved in Europe 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, Roxy Recordings, MPS Records, Cooperative Music, Now That's What I Call Music!, Universal Greece, Sanctuary Records, Chrysalis Records, EMI Classics, Virgin Classics, EMI's European regional labels to comply with this condition.
UMG retained The Beatles and Robbie Williams. 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 CEO of Capitol Music Group, he served as COO of Columbia Records. In compliance 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 BMG acquired Sanctuary Records for €50 million. On February 8, 2013, Warner Music Group acquired the Parlophone Label Group for $765 million. In February, Sony Music Entertainment acquired Universal's European share in Now That's What I Call Music for $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: Isla
The 6th British Academy Film Awards, retroactively known as the British Academy Film Awards, given by the British Academy of Film and Television Arts in 1953, honoured the best films of 1952. The Sound Barrier won the award for Best Film; the Sound Barrier The African Queen Angels One Five The Boy Kumasenu Carrie Casque d'or Cry, The Beloved Country Death of a Salesman Limelight Mandy Miracolo a Milano Los Olvidados Outcast of the Islands Rashomon The River Singin' in the Rain A Streetcar Named Desire Viva Zapata! Marlon Brando in Viva Zapata! Humphrey Bogart in The African Queen Fredric March in Death of a Salesman Pierre Fresnay in Dieu a besoin des hommes Francesco Golisano in Miracolo a Milano Ralph Richardson in The Sound Barrier Laurence Olivier in Carrie Alastair Sim in Folly to Be Wise Jack Hawkins in Mandy James Hayter in The Pickwick Papers Nigel Patrick in The Sound Barrier Vivien Leigh in A Streetcar Named Desire Celia Johnson in I Believe In You Phyllis Calvert in Mandy Ann Todd in The Sound Barrier Simone Signoret in Casque d'or Nicole Stephane in Les Enfants Terribles Judy Holliday in The Marrying Kind Edwige Feuillère in Olivia Katharine Hepburn in Pat and Mike Royal Journey The Sound Barrier Angels One Five Cry, The Beloved Country Mandy Outcast of the Islands Cry, The Beloved Country Claire Bloom in Limelight Dorothy Tutin in The Importance of Being Earnest Dorothy Alison in Mandy Mandy Miller in Mandy
Jerzy Jastrzębowski is a Polish football manager. Jastrzębowski has spent the majority of his career managing teams in the Pomeranian area. Jastrzębowski started his managerial career at the age of 30 managing the Lechia Gdańsk youth teams before taking the position as the manager of the first team. Despite Lechia being his first job, it has arguably been his most successful job. Despite Lechia being in the third tier, the team won the Puchar Polski and the subsequent SuperPuchar Polski in 1983, as well as winning their division; this led to Lechia playing in a European competition for the first time, while only being in the second tier. Lechia were drawn against Juventus and lost 10-2 on aggregate. At the end of the season he again won the league with Lechia, they were promoted to the Ekstraklasa. Jastrzębowski wasn't incharge of Lechia in the Ekstraklasa however as he left for Gryf Słupsk at the end of the season. After leaving Lechia Jastrzębowski has gone on to manage a further 15 teams, including Arka Gdynia, Bałtyk Gdynia, Polonia Gdańsk, Lechia twice more, once being during the Lechia-Polonia merger.