Tag: universal music

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UMG hires Spotify exec Ichiro Tamaki for digital role in Japan

Japan’s transition from sales to streaming has been a long time coming, and there are still some bumps in the road. Now Spotify will have to deal with them under new leadership, after its general manager and president in...
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$500m-funded Saban Music Group inks Universal partnership

In July 2019, we reported on the latest new label with grand ambitions for the music industry. In the case of Saban Music Group, those ambitions were backed by $500m of capital, thanks to founder Haim Saban, whose TV firm...
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Music Ally Report 426: Trends of 2019

This year we’ve picked 42 (also the answer to life, the universe and everything as fans of Douglas Adams will know) of the trends and moments we found most significant in 2019. What are they? *takes deep breath* industry...
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Tencent finalises 10% stake in UMG, with more to come?

It had been reported that Vivendi was keen to finalise its deal to sell 10% of Universal Music Group to a Tencent-led consortium by the end of 2019. It just about squeaked in, with the agreement signed on New Year’s Eve....
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Sgt. Pepper’s Lonely Hearts Club Band gets immersive with Dolby

Bad news if you want to hear the all-new remixed version of The Beatles’ Sgt. Pepper’s Lonely Hearts Club Band in the flesh: tickets to the “immersive experience” in the band’s native Liverpool are already sold...
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Tencent still seeking partners for investment in UMG

The long-running saga of Vivendi’s attempts to sell off up to 50% of Universal Music Group is taking another twist. In August, Vivendi announced that it had entered into ‘primary negotiations’ with Tencent Holdings...
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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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Capitol Gains: Capitol Records talks innovation, startups and music

In September, Music Ally spoke to three of Warner Music Group's senior innovation and business-development execs, about how they work with startups and innovative technologies. That month, we also interviewed some music/tech...
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Impala to oppose Tencent investment in Universal Music Group

Independent-music body Impala has come out against plans for Chinese technology company Tencent to buy a 10% stake in Universal Music Group, with an option to buy a further 10%. "Even at a low level of shareholding, we...
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Universal Music launches streaming/social data app for artists

Universal Music Artists (UMA) is a new Android and iOS app for artists signed to Universal Music Group (and their managers) where they can access data and insights on their music plays on the major international DSPs – Spotify,...
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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...