Abstract
Universal Music Group (UMG) is currently one of the leaders in the music industry. In the world one CD out of for is sold by the firm. It has two main core businesses which are: recording and publishing music. Universal Music Group (UMG) has business in 77 countries and discovers, develops and distributes recorded music through a network of subsidiaries and joint ventures. It represents 98% of the music market. UMG also makes revenues by distributing and selling music videos and DVD products. They work by distributing music legally through Internet with licenses recording.
