PolyGram was the name of the major label recording company started by Philips and Siemens as a holding company for their music interests in 1979. The name was chosen to reflect the Siemens interest Polydor Records and the Philips interest Phonogram. The company traced its origins through Deutsche Grammophon back to the inventor of the flat disk gramophone, Emil Berliner.
In 1999, it was sold to Seagram which owned MCA. The newly merged company was named Universal Music Group or UMG. When the new company faced financial difficulties, its parent Seagram was sold in large part to Vivendi, and for a brief time, the company was known as Universal Vivendi, or in some instances, Vivendi Universal. Vivendi is the current owner of UMG.