Universal Music Group (UMG) leads the music industry in global sales with an estimated worldwide market share in 2006 of 25.9%. Its global operations encompass the development, marketing, sales and distribution of recorded music through a network of subsidiaries, joint ventures and licensees in 77 countries, representing approximately 98% of the music market. UMG is the #1 company in countries which together represent more than 50% of the global music market sales, including the U.S. and the U.K. UMG’s business also includes the world’s largest music publishing company, Universal Music Publishing Group. Universal Music Group International is the division that manages UMG’s businesses in countries outside of North America. UMG’s strength and legacy of music flows from a diverse family of record labels which include: Barclay, Decca, Deutsche Grammophon, ECM, Emarcy, Interscope Geffen A&M Records, Geffen Records, Island Def Jam Music Group, Machete Music, Mercury Records, Philips, Polydor Records, Universal Motown Republic Group, Universal Music Latino, Universal Music Group Nashville (which includes Lost Highway, MCA Nashville and Mercury Nashville), Universal Records South, and Verve Music Group.
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