Tag: umg

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Universal Music set for public listing by late September

There is some news on Vivendi’s plans to spin out Universal Music Group with a public listing on the Euronext Amsterdam exchange: a date. It was revealed in documents published ahead of Vivendi’s general shareholders’...
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UMG hires former eBay CMO for senior ecommerce and biz-dev role

Hiring a former c-level executive at eBay is a good way of signalling your intentions to do even more with D2C sales and ecommerce more generally. Universal Music Group has done just that, appointing Richelle Parham to its...
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Africa expansion for UMG/Boomplay and for Freeme Digital

From DSP launches to label expansions to [waves enormous plug] new education initiatives for the industry, there is plenty of exciting activity happening around Africa’s music ecosystem. There are two more examples...
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Universal Music Group’s revenues grew by 3.8% in 2020

Universal Music is the latest major label to publish financial results showing that its business rode out the Covid-19 storm in 2020. UMG’s revenues for the year grew by 3.8% to €7.43bn (around $8.95bn) – or by...
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Executive moves at Motown Records and Island Records

There are two new appointments from within to report from the Universal Music family today. Motown Records’ Ethiopia Habtemariam has been promoted from president of the storied label to chairman and CEO, reporting directly...
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UMG and Gameloft launch Queen: Rock Tour mobile game

After a fan-made music videos contest and the band’s official TikTok debut, the latest stage in Queen’s digital strategy has been revealed: a mobile game. It’s called ‘Queen: Rock Tour’, and...
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UMG and Lego’s Vidiyo app creates its first star: L.L.A.M.A

Who had 19 February in the ‘When will the first Lego minifigure sign a deal with a record label?’ sweepstakes? A niche sweepstakes, we admit… But yes: a DJ/producer character called L.L.A.M.A has secured...
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UMG relaunches Virgin Music with indie services focus

Universal Music Group is relaunching the Virgin music brand as a new artist and label services division: its latest arm focused on the independent sector. For now, the relaunched brand will be operating in the US, Japan,...
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UMG and Big Hit Entertainment to co-launch a US K-Pop label

A livestreamed announcement involving Universal Music Group and Big Hit Entertainment last night, complete with the corporate big guns of both companies, may have raised thoughts of an acquisition or merger of some kind....
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Universal Music Group to go public with Amsterdam listing

The London Stock Exchange may be the listing venue of choice for companies like Hipgnosis and Round Hill Music, but Universal Music Group will be going public on a different European exchange – later this year. Parent company...
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Sandbox Issue 269: Indie-Visible: balancing Indie rock marketing on streaming and IRL

Lead: Indie-Visible – Marketing indie rock bands on streaming platforms can be tricky for a number of reasons: their traditionally album-based release cycle goes counter to the current approach of endless singles; their...
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UMG and YG co-invest in VenewLive livestreaming platform

We seem to have arrived at the ‘huge corporations buying in to the livestreaming platforms space’ phase of the Covid-19 pandemic. Tencent Music invested in Wave last November, having already attracted big audiences...