Tag: universal music
Major labels gave evidence to the UK’s music streaming economics inquiry… so what did we learn?
It's actually pretty rare to get genuine smoking-gun 'gotchas' from political inquiries in the moment. When they work well, it's more about patient, forensic questioning that elicits genuinely enlightening answers – and...
January 19, 2021
UMG signs music licensing deal with fitness service Variis
Variis isn’t a fitness startup as such: it’s a fitness app launched last March by Equinox Media, owner of a chain of gyms in the US. The app works with a Peloton-style connected exercise bike, which costs $2,500,...
January 14, 2021
Tencent-led consortium to buy another 10% of Universal Music
A group of investors led by Tencent Holdings has taken up its option to acquire a second 10% stake in Universal Music Group, bringing its share of the major to 20%. As before, the deal values Universal Music Group at €30bn,...
December 21, 2020
UMG ups its licensing efforts in social, fitness and gaming
Sir Lucian Grainge has sent his annual end-of-year email to staff at Universal Music Group. It is largely a roundup of the company’s accomplishments in 2020, plus praise for how staff have continued to work amid the...
December 18, 2020
Spotify CFO says UMG is ‘willing to lean in more aggressively’ than rivals
Look away, non-Universal major labels: you may feel a little testy about the latest interview with Spotify CFO Paul Vogel, at a conference organised by RBC Capital Markets. He was asked about Spotify’s latest licensing...
November 18, 2020
UMG’s Bravado inks merch deal with Alibaba’s Tmall platform
2020 has been a really interesting year for Universal Music Group's various arms in China. From local signings like Linong Chen and Sunnee to a joint label with Tencent Music, via gaming songwriting camps and the small...
October 28, 2020
Vivendi reveals latest UMG financials and IPO plans for 2022
With Warner Music Group and Big Hit Entertainment having gone public this year, Vivendi has confirmed that Universal Music Group is pressing ahead with its own plans for an IPO – but not this year or next. “An IPO...
October 21, 2020
UMG and Wondery’s first podcast is a New Jack Swing docu-series
Back in April 2019, Universal Music announced a partnership to develop original shows with one of the biggest podcast production companies, Wondery. 18 month later, the first show is coming out this weekend. It’s called...
October 16, 2020
Universal Music Group to launch its own ‘experiential’ hotels
Live concerts are still impossible in many parts of the world, and travel to hotels has been curtailed by the Covid-19 pandemic too. What better time to be planning a range of music-themed hotels, then? But clearly, Universal...
October 12, 2020
Amazon Music HD adds ‘thousands’ of tracks from UMG and WMG
We should clarify this headline quickly: Amazon Music HD already has many more tracks from Universal Music and Warner Music. The news is that Amazon is working with the two labels to remaster thousands of tracks in 'Ultra...
October 5, 2020
Whatever your mood, there’s a new Norah Jones album for it
Artist Norah Jones’s last studio album, ‘Pick Me Up Off The Floor’, was released in June, but there’s something interesting going on with her back catalogue too. She’s recently released a series of mini-albums,...
September 30, 2020
Kanye West on contracts campaign: ‘I will help set precedents’
The music industry may still be picking its way through Kanye West’s self-leaked Universal Music Group deals, but West is making it clear that his campaign around artist contracts is more than just a moment on Twitter....
September 24, 2020