Utilize the input text as a context reference, choose the right relationship between Vivendi and Universal Music Group from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.
Text: Vivendi now owns the largest record label Universal Music Group and French pay-TV operator Canal Plus (Paris: FR0000125460 - news ) , as well as a 19.9 percent stake in Telecom Italia (Other OTC: TIAJF - news ) and about 1 percent of Spain's Telefonica (Amsterdam: TA6.AS - news ) .
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