Universal Music Group (UMG) to Acquire Univision Music Group
Acquisition Reinforces Universal Music’s Presence in Genre Catering to the Fastest Growing Segment of the Population And Provides Advertising Support on Univision Television Network Sale Supports Univision Communications’ Plan to Divest Certain Non-Core Assets Universal Music Group (UMG), the world’s leading music company, and Univision Communications Inc., the leading Spanish-language media company in the U.S., today announced a definitive agreement under which UMG will acquire Univision Music Group, including its…