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 ) .
Take context from the input text and decide on the accurate relationship between 'Universal Music Group' and 'Vivendi' from the options provided.
Options: employer, brand, owned by, legal form