Tag: umg

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...

Universal Music wants to build its business in Africa: that’s been clear for some time now. In July 2018 it announced an expansion in French-speaking Africa with a brief to sign up emerging artists there, as well as launching Universal...

We’re used to label executives heading off for high-powered new roles within streaming services. Here’s a reminder that the flow of talent can go the other way too. Universal Music has appointed JJ Corsini and Chris Hovsepian...

Vivendi published its latest financial results yesterday, revealing that its Universal Music Group subsidiary generated just over €1.5bn of revenues (around $1.7bn) in the first quarter of 2019, representing growth of...

Yesterday we reported on music streaming service Boomplay raising $20m to expand across the African continent having signed a licensing deal with Warner Music Group last month. Now uduX, a new streaming service based in Nigeria,...

For our UK readers, Brexit is, well, we all know what it is. For our readers outside of the UK, how do we accurately explain what Brexit is? Imagine the most chaotic thing you’ve ever seen in your life. Multiply that by...

In today’s data-rich (some would say data-overloaded) music industry, the role of chief information officer – CIO – is increasingly important for large music companies. So Universal Music Group’s appointment of Dan...

Reuters has been grilling its sources to find out who’s in the running to acquire up to half of Universal Music Group, as part of parent company Vivendi’s planned sell-off. It suggests that investment fund KKR and Chinese...

We reported yesterday on UMG boss Sir Lucian Grainge’s keynote at the Mobile World Congress show in Barcelona. Now more details are emerging about what he talked about, including non-mobile devices like smart speakers....

Universal Music chief Sir Lucian Grainge keynoted the Mobile World Congress conference in Barcelona this week, stressing the excitement his company feels about the mobile industry globally. “In some regions of the world...

The world’s largest major label enjoyed a healthy 2018, with Universal Music’s revenues and operating profit both growing. UMG posted €6.02bn ($7.15bn) in revenues, up 6.2% year-on-year, while its operating income grew...

There is more consolidation afoot in the digital-distribution market, with Universal Music confirming that it’s taking full ownership of independent distributor Ingrooves. UMG previously owned a minority stake in the company,...