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:
“If a man does not keep pace with his companions, perhaps it is because he hears a different drummer. Let him step to the music which he hears, however measured or far away.”
—Henry David Thoreau (1817–1862)
“We begin with friendships, and all our youth is a reconnoitering and recruiting of the holy fraternity they shall combine for the salvation of men. But so the remoter stars seem a nebula of united light, yet there is no group which a telescope will not resolve; and the dearest friends are separated by impassable gulfs.”
—Ralph Waldo Emerson (1803–1882)