Posts filtered by tags: Universal-music-group[x]


What — and Who — Is Next for Def Jam Records?

Friday afternoon’s announcement that Paul Rosenberg will be stepping down as CEO of Def Jam Records caught nearly everyone by surprise — including, briefly, the label’s parent company Universal Music Group, sources say. But the company pivoted quickly, appointing well-respected UMG chief counsel Jeff Harleston as interim chief while the suddenly public search for a […]
Tags: News, Umg, Universal Music Group, Paul Rosenberg, Def Jam Records, Jeff Harleston

Def Jam CEO Paul Rosenberg just left to launch a new Universal Music label

Paul Rosenberg has stepped down at Def Jam to launch Goliath Records with Universal Music Group. Paul Rosenberg has had a storied music career involving a long stint as manager for Eminem and most recently, CEO of Def Jam records. He is now departing to start a new joint venture that builds on the management firm he is principal of; Goliath Artists, Inc.. He will remain President of Shady Records, a Universal joint venture with Eminem, to start a new UMG joint venture in Goliath Records...
Tags: Music, Eminem, Universal, Artist / Label News, Def Jam, Rosenberg, Universal Music Group, Universal Music, Goliath, Lucian, Paul Rosenberg, McNair, Def Jam Recordings, Goliath Artists Inc, Naim McNair, Goliath Artists

Revelries Sign With Edgeout Label via Universal’s Catalog Division

Louisiana band the Revelries has signed a development deal with Edgeout, a label that will release music via Universal’s catalog division UMe. The band is managed by Red Light. “Edgeout Records is committed to discovering the next generation of rock artists,” said label chief Tony Guanci, who signed an exclusive global deal to release bands […]
Tags: News, Louisiana, Universal Music Group, Red Light, Tony Guanci, Edgeout Records

Court Records Confirm Works From Nirvana, Elton John And Others Burned In 2008 Fire

In court filings made public Thursday, Universal Music Group disclosed specifics about recordings lost or damaged in a 2008 vault fire.(Image credit: Ric Francis/AP Photo)
Tags: News, Universal Music Group, Ric Francis

Universal Music Denies Accusation That It Is Downplaying Damage in 2008 Archive Fire

The day after Universal Music Group revealed that it is planning an IPO within three years, an attorney for four artists who have claimed to have lost recordings in a 2008 fire that destroyed thousands of assets in the company’s archives has accused UMG of “gamesmanship” and downplaying and refusing to reveal the extent of […]
Tags: Tupac, Universal Music Group, Tom Petty, Soundgarden

Universal Confirms That Nirvana, Beck, Soundgarden, Slayer, More Masters Were Damaged Or Destroyed In 2008 Fire

Last year, in a massive feature, the New York Times reported on a massive musical-history loss that had been kept largely secret. In 2008, a massive fire at the Universal Studios Florida lot raged through and devastated a warehouse where Universal Music Group had been keeping decades' worth of master recordings. Many thousands … More »
Tags: Music, Florida, News, Beck, New York Times, Elton John, Nirvana, Sonic Youth, Slayer, Bryan Adams, Universal Studios, Les Paul, Suzanne Vega, Universal Music Group, Sheryl Crow, Peter Frampton

Taylor Swift's record label plans shares sale

French media giant Vivendi has announced plans to float Universal Music Group on the stock market.
Tags: News, Taylor Swift, Vivendi, Universal Music Group

Taylor Swift's record label Universal plans share sale

French media giant Vivendi has announced plans to float Universal Music Group on the stock market.
Tags: News, Taylor Swift, Vivendi, Universal Music Group

Vivendi Posts 14% Increase on Revenues in 2019, Bolstered by Universal Music Group

Vivendi saw its annual revenues jump by 14% to €15.8 billion ($17 billion) in 2019, driven once again by the performance of Universal Music Group which had a record year, and to a lesser extent by Canal Plus Group. Canal Plus Group, which is the parent company of the pay TV group Canal Plus and […]
Tags: News, Global, Vivendi, Universal Music Group, Vivendi Posts, Canal Plus Group Canal Plus Group

Universal Music Group Planning IPO Within Next Three Years

Buried in Vivendi’s earnings report released today is the blockbuster news that its subsidiary Universal Music Group is planning an IPO within the next three years. Vivendi recently sold 10% of UMG to a consortium led by Tencent Holdings Ltd for $3.3  billion, a sum that values the company at a whopping $33 billion.   More […]
Tags: News, Vivendi, Universal Music Group, Tencent Holdings Ltd

Warner Music Group’s IPO Confirms Industry’s Sexiness to Wall Street

With Universal Music Group recently valued at $33 billion — as part of its agreement to sell 10% of itself to a consortium led by Chinese tech giant Tencent — it’s really no surprise that its competitors would test the waters. What is surprising is that Warner Music Group did it so soon, announcing its initial […]
Tags: News, Tencent, Warner Music Group, Universal Music Group, Len Blavatnik, Warner Music Group 's IPO Confirms Industry

Two Viacom alums are combining with an award-winning creative agency to challenge Madison Avenue and are already pulling in $100 million in revenue

Marketing and data strategy firm Schireson Associates has acquired independent creative agency Stun Creative and brand strategy firm Blackbird to form a new marketing company named Known. Known is led by former Viacom execs Kern Schireson and Ross Martin and co-founders of Los Angeles-based creative shop Stun. It's pitching market research, data science, strategy and creative for advertisers. The company says it's pulling in revenue of more than $100 million from clients like Google, Microsoft...
Tags: Google, Microsoft, US, Los Angeles, Trends, Blackbird, Publicis, Jones, Viacom, Citi, Martin, Google Microsoft, Universal Music Group, Madison Avenue, Mark Feldstein, IPG

Billie Eilish, Lewis Capaldi and a Preview of Peter Jackson’s Beatles Film Light up Universal Showcase

Over the past few years, the Universal Music showcase has become a staple of Grammy Weekend: a tightly run, three-hour-ish sampler of the company’s current and upcoming talent, ranging from superstars to brand-new artists, wherein each act plays a song or two. It was the first place we saw Ariana Grande and Chris Stapleton; the […]
Tags: News, Ariana Grande, Peter Jackson, Beatles, Chris Stapleton, Universal Music Group, Lucian Grainge, Billie Eilish, Lewis Capaldi, Billie Eilish Lewis Capaldi

Justin Bieber, Shawn Mendes, Sam Smith Toast Universal Music Group Chief Lucian Grainge

Universal Music Group chairman Lucian Grainge brought the star power to his Hollywood Walk of Fame dedication ceremony. In attendance outside of Capitol Studios in Hollywood were Justin Bieber, Shawn Mendes, Sam Smith, Tori Kelly, Hailee Steinfeld and Beck, among others. Also seated for the ceremony was a who’s who of the music industry’s top […]
Tags: Hollywood, News, Beck, Justin Bieber, Sam Smith, Hollywood Walk Of Fame, Shawn Mendes, Universal Music Group, Lucian Grainge, Capitol Studios, Justin Bieber Shawn Mendes Sam Smith, Toast Universal Music Group

Sundance a-Go-Go: Film Fest Has the Beat as ‘The Go-Go’s’ Doc Premieres in Advance of Summer Concert Gigs

The Sundance Film Festival will host the premiere this weekend of a documentary about one of the great original L.A. punk bands — we’re speaking, of course, of the Go-Go’s. Or maybe we should forego that “of course,” since probably not a huge percentage of rock fans remember the pioneering female band as seminal punks, […]
Tags: News, Festivals, Universal Music Group, David Blackman, The Go-Go's, Alison Ellwood

Universal Music Chief Lucian Grainge Talks Leadership, Deals, Tencent, Punk Rock and Staying No. 1

When some executives reach the top, they take a moment to enjoy the view. Not Lucian Grainge. In 2011, less than a year after he was named chairman and CEO of Universal Music Group, he led the company into one of the biggest deals in music business history by acquiring EMI’s recorded-music division — home […]
Tags: News, EMI, Universal Music Group, Lucian Grainge

Universal Music Japan Hires Former Spotify Exec Ichiro Tamaki

Universal Music Japan announced today that Ichiro Tamaki has been named as Corporate Executive responsible for Digital Strategy, data analytics and platform partnerships, effective February 15. According to the announcement, as a core member of Universal Music Japan’s executive team, he will oversee the Data & Analytics and Platform Partnerships teams, and will be responsible […]
Tags: Japan, News, Data Analytics, Universal Music Group, Ichiro Tamaki, Universal Music Japan

Saban Music Group Aligns With UMG for Worldwide Distribution, Marketing

Saban Music Group (SMG), the music company bearing the name of entertainment mogul Haim Saban, has entered into a strategic alliance for global distribution and marketing with Universal Music Group (UMG). Caroline, a subsidiary of UMG’s Capitol Music Group, will handle distribution for the U.S. and globally, where it operates 11 offices. Caroline is run […]
Tags: News, Haim Saban, Caroline, Universal Music Group, Static & Ben El, Saban Music Group SMG, Universal Music Group UMG Caroline, UMG s Capitol Music Group

Noted industry forecaster dies, Havas parent Vivendi sells stake in Universal Music Group: Agency Brief

Also, the skinny on cowboy boots, raceways and ... a bingo card?
Tags: Advertising, Vivendi, Universal Music Group, Havas

Official: Tencent, Consortium and Tencent Music Entertainment Acquire 10% of Universal Music Group for $3 billion

It now official. Tencent consortium has officially confirmed they are acquiring 10% of Universal Music Group for over $3 billion. Two other key elements of the deal: (i) the Consortium can, over the next 12 months, buy a further 10% stake; and (ii) majority-owned subsidiary, Tencent Music Entertainment, is also in separate discussions to acquire a minority stake in Universal’s operations in Greater China. It now seems like there are additional companies that might acquire minority stakes...
Tags: Music, Tencent, Streaming, Universal, Acquisition, Music News, Vivendi, Digital Music News, Artist / Label News, Umg, Universal Music Group, Greater China, Lucian, Tencent Music Entertainment, Music Group, Tencent Consortium

Universal Music Sells 10% Stake to Tencent-Led Consortium for $3.6 Billion

As expected, Universal Music Group has sold a 10% stake to a consortium led by Chinese company Tencent in a deal that values UMG, the world’s largest music company and home to Taylor Swift, Drake and many others, for €30 billion (around $33.6 billion). UMG parent company Vivendi also agreed that the consortium has the option […]
Tags: News, Tencent, Vivendi, Universal Music Group, Taylor Swift Drake, Tencent Led Consortium

The Biggest Music Business Stories of the Decade

The last ten years have been among the music industry’s most celebratory, and at the same time, the decade has introduced seismic shifts in consumption, culture and technology. Only the strongest survive still holds true — witness how Universal Music Group fortified its global presence to market share leader by a mile — but so […]
Tags: Apple, Spotify, Beyonce, News, Taylor Swift, Warner Music Group, Sony Music, Universal Music Group

Read Universal Music Chief Lucian Grainge’s Holiday Message to Staff

Universal Music Group chairman and CEO Lucian Grainge sent a holiday message to the company’s staff. It follows below. Dear Colleagues: Even before wishing you all a happy holiday, I want to say two things: First, thank you, and, second, congratulations. You have made 2019 an astonishing year for UMG, another one that will go […]
Tags: News, Universal Music Group, Lucian Grainge

Andrea Bocelli Celebrates Triumphant 2019 With Grammy Nom, Variety Honor

“If Only,” the song Andrea Bocelli recorded with Dua Lipa for his 2018 album “Si,” sat untouched in Filippo Sugar’s drawer for eight years. Sugar, whose family-owned Sugar Records has a deal with Universal Music Group via Decca U.K. to handle Bocelli’s recordings, was sure the song would work for the Italian tenor. They just […]
Tags: News, Andrea Bocelli, Universal Music Group, Bocelli, Dua Lipa, Matteo Bocelli, Filippo Sugar, Sugar Records, Decca U K

Beck Worries Unreleased Albums May Be Toast Because of Universal Fire

In an article published today under the rather alarmist headline “Beck fears most of his music has been destroyed,” the artist expressed concern that some of his early master recordings could have perished in a 2008 fire that tore through the archives of Universal Music Group, although he admitted that he is unaware whether any […]
Tags: News, Beck, Universal Music Group

Beck Expresses Concern About 2008 Universal Music Fire

In an article published today under the rather alarmist headline “Beck fears most of his music has been destroyed,” the artist expressed concern that some of his early master recordings could have perished in a 2008 fire that tore through the archives of Universal Music Group, although he admitted that he is unaware whether any […]
Tags: News, Beck, Universal Music Group

Indie Label Collective Impala to Oppose Tencent-Universal Music Deal

Impala, the European trade collective that represents both independent labels and publishers, announced today that it is “gearing up” to oppose Tencent’s buyout of a 10% stake of Universal Music Group, with an option to add a further 10%. The organization is also concerned about “who might buy the additional UMG stakes that are up for […]
Tags: News, Tencent, Universal Music Group, Impala, Indie Label Collective Impala

How Taylor Swift Dragged Private Equity Into Her Fight Over Music Rights

The Carlyle Group, an investor in her catalog, has stepped in to encourage talks between Ms. Swift and Scooter Braun, who now controls her old label.
Tags: Music, News, Social Media, Jay-z, Private Equity, American Music Awards, Taylor, Swift, Alexandria, Royalties, Braun, Scott, Bieber, Justin, Carlyle Group, Universal Music Group

UMe Starts the Holiday Season With New Animated Videos Featuring Iconic Christmas Songs

This holiday season some of the most well-known holiday songs will receive the gift of their first-ever official music videos. UMe, Universal Music Group's global catalog company, has partnered with legendary artists and estates to create vibrant new visuals for songs that have never before had a video."We are especially excited for the holidays this year, with a series of newly-created animated videos for some of UMG's most iconic Christmas songs," says Bruce Resnikoff, President and CEO of UMe...
Tags: Featured, Advertising, Paris, Las Vegas, Jackson, Santa, Frank Sinatra, Jingle Bells, Frank, Martin, Owen, Universal Music Group, LOS ANGELES LONDON, Dean Martin, UPA, Brenda Lee

Spinal Tap Creators and Universal Music Settle Copyright Dispute

Harry Shearer, Christopher Guest, Michael McKean and Rob Reiner, the creators of the iconic mockumentary film This is Spinal Tap, have resolved their dispute with Universal Music Group regarding the film’s soundtrack recordings. According to the announcement, under the agreement Spinal Tap’s recordings will continue to be distributed through UMG, and “eventually the rights will be given to the creators. The […]
Tags: News, Harry Shearer, Christopher Guest, Universal Music Group, Rob Reiner, Spinal Tap, Harry Shearer Christopher Guest Michael McKean