Universal Music Group General Information · The headquarters is in Santa Monica in the USA · Chairman and CEO is Sir Lucian Grainge · It is the worlds biggest music rights company · History · It was founded in 1996 · It began when US-based MCA Inc, merged with American Decca in 1962 · In 1990 a Japanese conglomerate Matsushita Electric bought MCA for $6.59 billion · In 1995 Seagram gained control of 80% of MCA in a $5.7bn deal · In 1996 MCA was named Universal Pictures and then the music part was named Universal Music Group · Then in 1998, Seagram bought the com...