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Violation Tracker Individual Record

Company: Universal Music
Current Parent CompanyUniversal Music Group
Parent at the Time of the Penalty Announcement subscribe to see this data field
Recap of Ownership Changes subscribe to see this data field
Penalty: $7,000,000
Year: 2004
Date: May 4, 2004
Offense Group: employment-related offenses
Primary Offense: wage and hour violation
Violation Description: The New York Attorney General reached an agreement with a group of recording companies in which they agreed to return nearly $50 million in unclaimed royalties to thousands of performers. The announcement did not specify how the payments would be divided. Here we assume they were split evenly among the companies.
Level of Government: state
Action Type: agency action
Agency: New York Attorney General
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: entertainment
Specific Industry of Current Parent: music
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Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.