Tag: umg

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UMG, EMI Trust and The eXceL Project back Secret Studio

As part of a collaboration between UMG, the EMI Trust and youth-community charity The eXceL Project, the three-day education programme Secret Studio has resulted in the release of two new original tracks. The eXceL Project’s...
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Universal Music Group launches RedRecords with AirAsia

Richard Branson might have launched Virgin Records and Virgin Airlines but they were two very distinct entities. Now the two worlds are now colliding as Universal Music Group is partnering with Malaysian airline AirAsia to...
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Tencent may seek partners for Universal Music investment

It’s been known for some time that Chinese tech firm Tencent is in talks to buy a 10% stake in Universal Music Group, with an option to acquire another 10% for up to a year afterwards. The deal is thought to value UMG at...
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The Fader investigates UMG’s streaming-compilations strategy

Music website The Fader has been doing some digging into a series of streaming compilations released by Universal Music Group. It claims that UMG has released ‘hundreds’ of albums on Spotify based on specific topics...
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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...