Harrison - Universal Group

They own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries.They identify and develop recording artists and songwriters, and they produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.

Their vast catalog of recordings and songs stretches back over a century and comprises the largest, most diverse and culturally rich collection of music ever assembled.As digital technology refashions the world, their unmatched commitment to lead in developing new services, platforms and business models for the delivery of music and related content empowers innovators and allows new commercial and artistic opportunities to flourish. They work with their artists and employees to serve their communities.   

In the late 90's, music companies were found to have artificially inflated compact disc prices through the use of illegal marketing practices such as minimum advertised pricing, doing so in order to end price wars that began in the early 90's by discounters such as Best Buy and Target. A settlement in 2002 included the music publishers and distributors; Sony Music, Warner Music, Bertelsmann Music Group, EMI Music and Universal Music Group. In restitution for price fixing they agreed to pay a $67.4 million fine and distribute $75.7 million in CDs to public and non-profit groups but admitted no wrongdoing.