Universal Music Group is the largest music company, wholly owned by Vivendi. It owns many labels and artists like Bon Jovi, Kanye West, and Fall Out Boy. Sony Music Entertainment is the second largest, formed from mergers in the late 20th century. It owns Columbia Records and artists like Beyoncé and Lady Gaga. Warner Music Group is the third largest, owning Atlantic Records and artists like Green Day and Madonna. EMI was founded in 1931 and was highly successful in the 1960s-70s under Joseph Lockwood, owning the Beatles and Pink Floyd.