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Universal Music Group
3T Magyar PolyGram, Id, PolyGram Music Video, Polygram Russia, PolyGram Video
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The Polygram name had been used by Philips' Belgian affiliate Polygram SA since 1962. The New Zealand Philips company too was named PolyGram Records Ltd from June 1970 until November 1972 (when it was renamed Phonogram Ltd.)

From 1978 onward the Polygram name became more common as most of the Phonogram companies worldwide were renamed Polygram.
The local Polygram companies handled all Polygram labels, most notably Philips, Verve Records Mercury and Deutsche Grammophon. Over the years some of the companies also started using the Polygram brand as a label.

In 1985, Siemens reduced its stake in Polygram to 10%. Two years later it sold its remaining stake to Philips' Gloeilampenfabrieken B.V.. In 1989, Polygram completed a worldwide public stock offering, reducing Philips' ownership to 75%.

PolyGram acquired the recorded music and publishing arm of Island International Limited in July 1989 and the recorded music business of A&M Records, Inc. in January 1990. This was followed by Motown Records in 1993, part of Def Jam Recordings in 1994, and Rodven Discos in 1995.

In December 1998, Philips sold PolyGram to Seagram, which already owned the Universal Music Group. Seagram combined PolyGram with the Universal Music Group, forming the largest recorded music business in the world.



Added by: (Unknown user) Modified by: Gutterscream
Added on: N/A Last modified on: 2017-04-23 00:59:09
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