Tag: universal music
UMG’s Bravado is working on NFTs with Ikonick deal
As the early hype subsides around NFTs and the trough of disillusionment kicks in, deals are being struck to prepare for the longer term future. One such deal is between Universal Music’s Bravado merch division and digital...
June 9, 2021
Pias says it stays ‘fully independent’ despite UMG deal
More consolidation of the independent distribution sector by the major labels? Well, not quite, but Universal Music Group’s ‘strategic global alliance’ with independent firm Pias is an intriguing move as the majors...
June 9, 2021
UMG valued at $40bn in potential investment from US Spac
Last month, Vivendi said that it was “analysing the opportunity of selling 10% of UMG shares to an American investor” ahead of its music group’s public listing later this year. Now the identify of that investor is...
June 4, 2021
Universal Music and Triller bury the hatchet with licensing deals
In February this year, Universal Music Group took the highly unusual step of removing its music from social app Triller and publicly blasting the app for its approach to licensing. "We will not work with platforms that...
May 20, 2021
Vivendi could sell 10% of UMG to a US investor before listing
Vivendi is still planning to list Universal Music Group on the Euronext Amsterdam stock exchange by 27 September, but there may be one last investment deal to be done before then. The company offered its latest update on...
May 19, 2021
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’...
May 13, 2021
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...
May 12, 2021
Universal Music revenues grew by 2.2% year-on-year in Q1
After those early worries about music streams falling in the early weeks of the Covid-19 pandemic’s global lockdowns, it’s become clear that the recorded music industry – streaming services and labels included – is...
April 23, 2021
Universal Music launches a new label focusing on Arabic music
Universal Music Group has been on something of a spree of new label launches in recent times, with a particular emphasis on high-potential markets. The latest example is Universal Arabic Music (UAM for short) which is...
April 7, 2021
Calm teams with Universal Music for 60-minute sleep remixes
That new Ariana Grande remix put us to sleep! Not an insult… We’ve written about some of mindfulness startup Calm’s partnerships with individual artists to create bespoke music for its service. Now it’s...
March 19, 2021
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...
March 17, 2021