Univision Music Group was a Latin music company in the United States with approximately 45% market share. Founded in April 2001 by Univision Communications, it had a vision of releasing and marketing the best of every genre of Latin music, the Univision Music Group included three record labels: Univision Records, Fonovisa Records and Disa Records. In June 2001, Univision Music acquired a 50% interest in Mexico-based Disa Records, the second largest independent Spanish language record label in the world, and Mexico's leading independent label. More recently in April 2002 Univision acquired Fonovisa, the largest Latin independent label specializing in Regional Mexican music.
Its headquarters were located in Woodland Hills, Los Angeles, California; the company had planned to move its headquarters to Woodland Hills in 2002. Univision Music Group also had an extensive and growing publishing business as well as an exclusive distribution and licensing agreement with Universal Music & Video Distribution for several of its labels in the U.S., Puerto Rico and Mexico. The music group was bought by Universal Music Group in February 2008 and absorbed into Universal Music Latin Entertainment.
Read more about Univision Music Group: Success
Famous quotes containing the words music and/or group:
“We often love to think now of the life of men on beaches,—at least in midsummer, when the weather is serene; their sunny lives on the sand, amid the beach-grass and bayberries, their companion a cow, their wealth a jag of driftwood or a few beach plums, and their music the surf and the peep of the beech-bird.”
—Henry David Thoreau (1817–1862)
“With a group of bankers I always had the feeling that success was measured by the extent one gave nothing away.”
—Francis Aungier, Pakenham, 7th Earl Longford (b. 1905)