For the successor to this company, go to Universal Music Latin Entertainment.
Univision Music Group was a Latin music company in the United States with approximately 45% market share. Founded in April 2001 by Univision Communications, it had a vision of releasing and marketing the best of every genre of Latin music , the Univision Music Group included three record labels: Univision Records, Fonovisa Records and Disa Records. In June 2001, Univision Music acquired a 50% interest in Mexico-based Disa Records, the second largest independent Spanish language record label in the world, and Mexico's leading independent label. More recently in April 2002 Univision acquired Fonovisa, the largest Latin independent label specializing in Regional Mexican music.
Its headquarters were located in Woodland Hills, Los Angeles, California; the company had planned to move its headquarters to Woodland Hills in 2002.[1] Univision Music Group also had an extensive and growing publishing business as well as an exclusive distribution and licensing agreement with Universal Music & Video Distribution for several of its labels in the U.S., Puerto Rico and Mexico. The music group was bought by Universal Music Group in February 2008 and absorbed into Universal Music Latin Entertainment.
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Launched mid 2001, Univision Records already has an impressive artist roster: Anasol, Pilar Montenegro, Anaís, Jennifer Peña, Graciela Beltrán, Iman, Los Forasteros, Daniel René and most recently Mexican Ranchero music icon, Pepe Aguilar.
The label closed in 2008.
Acquired in 2002, Fonovisa is the largest Regional Mexican label in the music industry and since 1984 has launched major Latin stars into international markets and mainstream America.
In 2009 Fonovisa Records celebrates its 25th anniversary.
Disa Records is the second largest Regional-Mexican label after Fonovisa. It was owned by the Chávez family of Monterrey until June 2001, when Univision acquired 50% of Disa from the Chávez family. In November 2006 Univision acquired the other 50% of the label making it a subsidiary of Univision Music Group.
Univision Music prides itself in launching artists whose work has set and broken records on radio and sales charts, and whose talent has set them among the high ranks of Latin Music. Univision Music is also at the vanguard of identifying and developing new artists and new music genres, which is evidenced by its leading role and commitment to the unparalleled success of the Urban Regional movement, spearheaded by Platinum-recording and Grammy-nominated Latin Hip Hop sensation Akwid.