Universal Studios | |
Company type | Subsidiary |
Industry | Entertainment |
Predecessor | MCA Inc. |
Founded | March 27, 1924 | (as MCA Inc.) December 9, 1996 (as Universal Studios)
Founder | Jules Stein William R. Goodheart, Jr. |
Headquarters | 10 Universal City Plaza, , U.S. |
Area served | Worldwide |
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Revenue | US$11.622 billion (2022) |
Parent | Matsushita Electric Industrial Co., Ltd. (1990–1995) Seagram (1995–2000) Vivendi Universal SA (2000–2004) NBCUniversal (2004–present) |
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Universal Studios, Inc. (formerly as MCA Inc., also known simply as Universal) is an American media and entertainment conglomerate and holding company which owns Universal Pictures. It is the film production arm of NBCUniversal, a division of Comcast. The company is one of two namesake flagship subsidiaries of NBCUniversal alongside the National Broadcasting Company (NBC), the oldest of the United States' Big Three television networks.
Originally founded in 1924 as Music Corporation of America by Jules C. Stein and William R. Goodheart Jr., the company became a major force in the film industry, and later expanded into television production. MCA published music, booked acts, ran a record company, represented film, television, and radio stars, and eventually produced and sold television programs to the three major television networks, especially corporate sibling NBC. Its studios are located in Universal City, California, and its corporate offices are located in New York City.