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On December 9, 1996, the new owners dropped the MCA name; the company became Universal Studios, Inc. and its music division, MCA Music Entertainment Group, was renamed Universal Music Group (UMG), headed by Morris.
In 1995, Seagram Company Ltd. acquired 80% of MCA INC. and the following year the new owners dropped the MCA name; thus becoming Universal Studios, Inc. and its music division, MCA Music Entertainment Group, was renamed Universal Music Group.
Key Dates: 1913: Traffic in Souls, Universal's first feature length film, is produced. 1930: Studio's first Academy Award for Best Picture for All Quiet on the Western Front. 1945: Wartime motion picture production reaches rate at one film per week. 1952: Decca Records acquires Universal. 1962: MCA acquires Decca Records.
On July 15, 1964, MCA established the Studio Tour, which provided guests a behind-the-scenes glimpse of film and television production at Universal Studios. This established a footprint of what is now known as Universal Studios Hollywood theme park.
Nov 27, 1990 · Nov. 27, 1990 12 AM PT. 1912: Carl Laemmle joins with a half-dozen small motion picture companies to create Universal Pictures. Three years later, he moves the studios to a 230-acre former...
MCA Inc. 100 Universal City Plaza Universal City, California 91608 U.S.A. (818) 777-1000. Public Company Incorporated: 1958 Employees: 17,700 Sales: $1.5 billion Stock Index: New York Pacific. MCA, once known in the entertainment industry as “ The Octopus, ” was for many years the largest talent agency in the United States.
In 1995 Universal was purchased by MCA (Music Corporation of American), Inc. The founder of MCA was Jules Stein. In 1924, MCA was a Chicago based agency that booked bands into clubs and dance halls.
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