also serials for television. Later they also ventured into the world of musical entertainment around 1960s to 1980s. The tradition of tours was started once again.
The company was taken over by Matsushita Electrical Industrial Company Ltd. in 1991. The Seagram Company Ltd. Bought large number of shares in 1995 and MCA Inc. was finally named as Universal Studios on December 10, 1996. The Universal International television operations merged with USA Networks in 1998. At the end of the year the company took over PolyGram and Universal Music Group became the largest music company in the world. The Seagram collaborated with Vivendi and Canal in June 2000 and today Universal Studios is a part of Vivendi Universal, a global media and communications company.
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