Tag: umg

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UMG expands its college-marketing program into °1824 team

Universal Music Group is shaking up its ‘college lifestyle marketing program’ in the US, with a new team, and brand, called °1824. The label describes it as “a new marketing, content and experiences team powered by...
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Vivendi set for Tencent UMG investment, plus interest from others

Vivendi’s latest quarterly financial results yesterday provided us with an update on the company’s plans to sell up to half of Universal Music off to partners. Talks with Tencent to buy up to 20% of UMG continue: Vivendi said that...
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UMG’s video growth plans

Universal Music Group has long had bold ambitions in visual content – with its Globe Production arm being the most obvious place to point towards in terms of what it has been doing here over the years. But there is more...
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UMG’s new venture shows the power of independent Indian hip-hop

Universal Music Group made a very interesting move in India yesterday, with its Universal Music India (UMI) subsidiary teaming up with artist and entrepreneur Nas’ Mass Appeal Records to launch a new label called Mass...
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YouTube to host ‘Lover’s Lounge’ live event for Taylor Swift

Taylor Swift’s new album ‘Lover’ drops on 23 August, and she has teamed up with YouTube for a live-streamed event the day before called ‘Lover’s Lounge (Live)’. It’ll see Swift performing a new track from the...
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Executive moves: Adam Block and Per Sundin take new roles

The revolving door between major labels and streaming services continues to spin – and it IS a revolving door: UMG’s recent hiring of Spotify’s Mike Biggane as its EVP of music strategies and tactics shows the flow...
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Tencent in talks to buy up to 20% stake in Universal Music Group

There’s been a significant development in Vivendi’s moves to sell of up to 50% of Universal Music Group. This morning, UMG’s parent company announced that it has entered into ‘primary negotiations’ with Tencent...
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Streaming still paying off for UMG with 18.6% revenue growth

Stop us if you’ve heard this one before: streaming is paying off rather well for the world’s largest music company. Universal Music’s revenues grew by 18.6% year-on-year for the first half of 2019, according to yesterday’s...
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Former WMG CEO’s firm leads $10m funding for UMG podcast partner Wondery

Podcast production studio Wondery has raised a Series B funding round of $10m, adding to the $5m Series A round that it raised in March 2018. This is the company that Universal Music Group is working with to create a slate...
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Indies prepare for battle over Vivendi’s UMG sell-off plans

Vivendi appears to be paving the way for its planned sell-off of up to 50% of Universal Music Group to happen in 2020 rather than this year. That’s the gist, at least, of comments made by chairman Yannick Bolloré in an...
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New execs for UMPG Nashville, Spotify and ASCAP

The executive chairs are whirling in the US this week, with three new job moves from prominent industry figures. Sony/ATV Nashville’s president and CEO Troy Tomlinson is on the move to Universal Music Publishing Group...
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Sandbox Issue 229: Partnerships. How labels are sharing marketing

Lead: Collaborations have long been a staple in the music industry, but something different is happening today as social media and analytics become key parts of marketing campaigns. In the “old days”, labels would trade...