Organized in three divisions.
Universal Music & Video Distribution has been renamed Universal Music Group Distribution and organized into three divisions: Universal Music Distribution, the major-label distribution company; Fontana, the year-old independent distribution company; and Visual Entertainment, which handles DVD and other entertainment product.
“We have aggressively expanded the scope of our business to take full advantage of the many new opportunities emerging in the marketplace,” UMGD president Jim Urie said in a statement. “And this name change is a reflection of that. As a result, we are now positioned as the only major music distribution company handling all areas of music and home entertainment-related product.”