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Search Results for: "universal music group"

Vivendi Suspends Its Sale of Universal Music Group — Possibly Due to the 2008 Fire Fallout

Paul Resnikoff
June 19, 2019
French media megalith Vivendi is pausing its efforts to divest 50% of Universal Music Group.  But why? The proposed sale of Universal Music Group has attracted interest from several potential buyers, includi... Read More...

Universal Music Group Faces Dozens of Artist Lawsuits Related to the 2008 Universal Studios Fire — And a Potentially Serious Hit to Its $50B Valuation

Paul Resnikoff
June 16, 2019
3
photo: Pinguino K (CC by 2.0) Universal Music Group lied about the loss of roughly 500,000 recordings in the Universal Studios fire in 2008.  Now, 11 years later, top industry attorneys are gearing up for som... Read More...

Universal Music Group Is Deploying AI to Boost Its Streaming Engagement

Ashley King
June 5, 2019
3
With streaming platforms overloaded with music, maybe it takes a robot to get noticed. Now, Universal Music Group is making some AI-driven plans for a rapidly-arriving future.  The mega-label is teaming up w... Read More...
John Lennon's Photographer Sues Universal Music Group for Infringing on Iconic Photograph

John Lennon’s Photographer Sues Universal Music Group for Infringing on Iconic Photograph

Daniel Sanchez
May 24, 2019
John Lennon’s award-winning photographer has taken Universal Music Group (UMG) to court. Filed yesterday at the United States District Court for the Southern District of New York, Allan Tannenbaum claims the... Read More...

Universal Music Group and Wondery to Jointly Develop and Produce Podcasts

Ashley King
April 17, 2019
Universal Music Group and Wondery have established a new agreement to develop premium original podcast content. Podcasts produced under the new agreement will be available globally on any platform where Wond... Read More...
Thanks to Streaming, Universal Music Group's Q1 2019 Revenue Jumps 19.2% to $1.7 Billion

Thanks to Streaming, Universal Music Group’s Q1 2019 Revenue Jumps 19.2% to $1.7 Billion

Daniel Sanchez
April 15, 2019
Vivendi has also revealed that it may sell up to half of Universal Music Group to one or more partners. Ahead of its upcoming sale of up to 50% Universal Music Group (UMG), parent company Vivendi has posted ... Read More...
Universal Music Group logo

Continuing Its African Expansion, Universal Music Group Partners With Nigeria’s uduX Music

Daniel Sanchez
April 8, 2019
With its uduX partnership, Universal Music Group continues strengthening its position in Africa. Late last year, Universal Music Group (UMG) continued its expansion into Africa. The world’s largest music ... Read More...
Ninth Circuit Slams Alisa Apps' Copyright Infringement Lawsuit Against UMG

Universal Music Group Prevails In ‘Generic Lyrics’ Copyright Infringement Suit

Daniel Sanchez
March 18, 2019
4
Plaintiff Alisa Apps just couldn’t prove that UMG and John Newman had ripped off her generic lyrics. Two years ago, singer/songwriter Alisa Apps filed a lawsuit against Universal Music Group (UMG) and Britis... Read More...

MelodyVR Inks Usage Deals With Universal Music Group Publishing, ASCAP, BMI, SACEM

Paul Resnikoff
March 13, 2019
photo: MelodyVR  As music-related VR sets sail, four very important publishing groups are on board. At this early stage, music-related VR is mostly about unknowns. For starters, it's nearly impossible to ... Read More...
Universal Music Group (UMG) Posts Over $3 Billion in Streaming Revenue in 2018

Universal Music Group (UMG) Posted Over $3 Billion in Streaming Revenue Last Year — And Vivendi Will Soon Set a Sale Price

Daniel Sanchez
February 14, 2019
Streaming continues to strengthen Universal Music Group’s bottom line. Ahead of its proposed sale, Vivendi has posted a great profit from its subsidiary, Universal Music Group (UMG).  Now, the only question ... Read More...

After a Year On the Block, Universal Music Group Fully Acquires Ingrooves

Paul Resnikoff
February 12, 2019
Universal Music Group is now the sole owner of indie-focused distributor Ingrooves Music Group. This might be one of the easiest post-acquisition integrations in recent memory. Universal Music Group, a lo... Read More...
Nas & Universal Music Group Are Big Winners in Pluto TV's $340 Million Acquisition

Nas & Universal Music Group Are Big Winners in Pluto TV’s $340 Million Acquisition

Daniel Sanchez
January 25, 2019
Nas and Universal Music Group have received a serious return for their investment in Pluto TV. Several years ago, Nas and Universal Music Group (UMG) invested in Pluto TV, then a startup company. Pluto ha... Read More...
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