PolyGram

PolyGram, Inc. is an American multinational publicly traded entertainment and mass media company based in both San Francisco and San Fierro in the United States. It also owns broadcasting subsidiary PolyGram Broadcasting and television network United Broadcasting Company. The original incarnation of the company known as PolyGram N.V. was a multinational entertainment company and major music record label formerly based in the Netherlands, established in 1962 as the Grammophon-Philips Group by Dutch corporation Philips and German corporation Siemens, to be a holding for their record companies, and was renamed "PolyGram" in 1972. The name was chosen to reflect the Siemens interest Polydor Records and the Philips interest Phonogram Records. The company traced its origins through Deutsche Grammophon back to the inventor of the flat disc gramophone, Emil Berliner.
Later on, PolyGram expanded into the largest global entertainment company, creating film and television divisions. In May 1998, it was sold to the alcoholic distiller Seagram which owned film, television and music company Universal Studios. PolyGram was thereby folded into Universal Music Group, and PolyGram Filmed Entertainment was folded into Universal Pictures, which had been both Seagram successors of MCA Inc. When the newly formed entertainment division of Seagram faced financial difficulties, it was sold to Vivendi, and MCA became known as Universal Studios, as Seagram ceased to exist. Vivendi remains the majority owner of the Universal Music Group (while the film and television division was sold to NBCUniversal) until 2021. In February 2017, UMG revived the company under the name of PolyGram Entertainment, which currently serves as their film and television division.
==Divisions==
*United Broadcasting Company – a television network acquired during ABN's restructuring in 2023.
==Subsidiaries==
*PolyGram Broadcasting – the broadcasting subsidiary of the company
*PolyGram Television – the television production and distribution division
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