Seagram

The Seagram Company Ltd.
Seagram's
Company typePublic
TSX: VO[1]
NYSE: VO
IndustryBeverages
Founded1857 (1857), in Waterloo, Ontario, Canada
Defunct2000 (2000)
FateSeagram's core business was broken up and acquired by Pernod Ricard, Infinium Spirits and Diageo; entertainment assets sold to Vivendi.
SuccessorsVivendi
Pernod Ricard
Infinium Spirits
The Coca-Cola Company
Diageo
Universal Music Group
Comcast
Headquarters,
Canada
Number of locations
Burlington
Oakville
Oshawa
Brampton
Saskatoon
Edmonton
Burnaby
Waterloo
New York City
Key people
Joseph E. Seagram
Bronfman family
ProductsAlcoholic beverages, Ginger ale, Tonic water, Club soda
Websiteseagram.com (archived)

The Seagram Company Ltd. (which traded as Seagram's) was a Canadian multinational conglomerate formerly headquartered in Montreal, Quebec. Originally a distiller of Canadian whisky based in Waterloo, Ontario, it was in the 1990s the largest owner of alcoholic beverage lines in the world.

Toward the end of its independent existence, it also controlled various entertainment and other business ventures. Its purchase of MCA Inc., whose assets included Universal Studios and its theme parks, was financed through the sale of Seagram's 25% holding of chemical company DuPont, a position it acquired in 1981.

Seagram later imploded, with its beverage assets wholesaled off to various industry titans, notably Diageo, Infinium Spirits, and Pernod Ricard. Universal's television holdings were sold to media entrepreneur Barry Diller, and the balance of the Universal entertainment empire and what was Seagram was sold to French conglomerate Vivendi in 2000.

  1. ^ "Seagram shareholders website".

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