How does UMG make money?

Through music sales, streaming, publishing royalties, licensing, live events, and merchandising.

Which labels does UMG own?

Labels include Republic Records, Def Jam, Interscope Geffen A&M, Island Records, Capitol Music Group, Polydor, Deutsche Grammophon, and more.

What is Universal Music Group?

UMG is the world’s largest music company, managing recorded music, publishing, merchandising, and digital innovation.