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What was the MCA Universal deal of 1962?

Author

Emma Miller

Updated on January 11, 2026

In 1962, MCA entered a merger of equals with New York-based American Decca Records, with MCA as the surviving company. Decca at the time owned Coral Records and Brunswick Records, as well as an 89% controlling stake in Universal Studios. The long-awaited takeover of Universal Pictures by MCA, Inc.

When did MCA Buy Universal?

1962
1962: MCA purchases Universal Pictures and its parent company, Decca Records. 1964: MCA begins charging tourists for tram rides through the studios and back lots, marking the start of the lucrative Universal Studios tour business.

When did Decca become MCA?

1973
1973: Decca is renamed MCA Records. Mid-’70s: Ex-Warner Bros.

Who bought MCA?

Matsushita Electric Industrial Co.
TOKYO (AP) _ In the largest Japanese purchase of a U.S. company, Matsushita Electric Industrial Co. announced today that it is buying MCA Corp., owner of Universal Studios, in a deal worth $6.6 billion.

Who owns MCA Inc?

Geffen Records
Seagram
MCA Inc./Parent organizations

Who bought MCA Records?

MCA was purchased by Seagram in 1995 for about $5.7 billion. Later, its music division was renamed Universal Music and its movie business Universal Studios, with MCA Records the only unit to keep the MCA name.

Is DreamWorks owned by Disney?

Is Dreamworks owned by Disney? No. Both Universal Studios and Dreamworks are owned by the mega media conglomerate NBCUniversal, which in turn is owned by Comcast.

Is MCA still in business?

When France-based Pernod Ricard purchased Seagram’s drinks business, Pernod sold its media holdings (including Universal) to Vivendi, which became Vivendi Universal in 2000. In the spring of 2003, MCA Records was folded into Geffen Records. Its country music label, MCA Nashville Records, is still in operation.

What was the original purpose of MCA Inc?

MCA Inc. (originally an initialism for Music Corporation of America) was an American media company founded in 1924. Initially starting in the music business, the company next became a dominant force in the film business, and later expanded into the television business.

Who is the founder and CEO of MCA?

ABOUT MCA . Dr.Perry Daneshgari created MCA, Inc. in 1990 with services focused on implementing process and product development, waste reduction and productivity improvement of labor, project management, estimation, accounting and customer care.

When did MCA Records get into the music business?

MCA Inc., a powerful talent agency and a television production company, entered the recorded music business in 1962 with the purchase of the New York -based US Decca Records (established in 1934 ), including Coral Records and Brunswick Records.

When did Perry Daneshgari start MCA, Inc?

Dr.Perry Daneshgari created MCA, Inc. in 1990 with services focused on implementing process and product development, waste reduction and productivity improvement of labor, project management, estimation, accounting and customer care.