UBS

  1. Universal Music May Divest Virgin Records, EMI Classics (Report)

    July 16, 2012 7:48 AM EDT LONDON - Vivendi's Universal Music Group could offer to divest Virgin Records and EMI Classics, as well as the distribution rights to independent label Mute to clinch European regulators' approval for its proposed acquisition of EMI' ...

  2. Viacom Stock Rating Cut by Analyst, Cites 'Ongoing Ratings Weakness'

    July 10, 2012 7:47 AM EDT UBS analyst John Janedis on Tuesday downgraded his rating on Viacom's stock from "buy" to "neutral" citing "concerns related to ongoing ratings weakness" at Nickelodeon and MTV. "While the stock is cheap&quo ...

  3. Universal Music Parent Vivendi Ordered to Pay $956 Million in Liberty Media Suit

    June 26, 2012 10:50 AM EDT LONDON - Vivendi, the parent company of Universal Music Group, saw its shares slip in European trading Tuesday after the entertainment and telecom conglomerate lost a stage in a court case to John Malone's Liberty Media. Analysts said most in ...

  4. It's Official: Sony-Led Acquisition of EMI Music Publishing Approved by EU

    April 19, 2012 12:06 PM EDT Despite vigorous protests from independent label groups , the Warner Music Group and digerati organizations, the Sony Corporation of America-led consortium's acquisition of EMI Music Publishing sailed through the European regulatory process, ...

  5. Vivendi Third-Quarter Results Exceed Expectations

    November 16, 2011 8:27 PM EST NEW YORK - Vivendi on Wednesday reported better-than-expected third-quarter financials when excluding the effect of tax reforms driven by strength at video game arm Activision Blizzard. The results also included the second consecutive quarter of s ...

  6. Sony Corp. USA To own 38% of EMI Music Publishing, No Official Word on Staffing

    November 11, 2011 8:46 PM EST Sony Corp. USA will own 38% of EMI Music Publishing and provide management oversight for the EMI music publishing operations. That's the word from Rob Wiesenthal, the executive VP/CFO at Sony Corporation of America. "We are providing ope ...

  7. Business Matters: Apple to 'Talk iPhone' on October 4

    September 27, 2011 4:57 PM EDT Apple to "Talk iPhone" on October 4 -- Apple has announced it will host a special event October 4 to "talk iPhone." The event will take place at the Apple campus in Cupertino, California and will begin at 1 p.m. ET/10 a.m. PT. ...

  8. Access Industries Completes Acquisition of Warner Music Group

    July 20, 2011 12:51 PM EDT Access Industries has completed its acquisition of the Warner Music Group ahead of plan, thanks to compliant regulatory agencies and a resilient bond market willing to absorb $1.045 billion in a new bond offering from the company and shareholders ...

  9. Even More Sony Websites Hacked

    May 24, 2011 5:29 PM EDT Sony Corp's shares bounced back from two-month lows after the electronics conglomerate said this year's operating profit would match last year's, easing worries about the impact of the March earthquake. Separately, Sony said on Tues ...

  10. Sirius XM CFO: Howard Stern Might Have to Take a Pay Cut; Possible 10 Days Left on Air

    December 06, 2010 12:00 AM EST Howard Stern could broadcast live on Sirius XM for the last time on Dec. 16. After that, he heads for his annual end-of-year vacation and there still is no decision as to whether he’ll renew his contract, which expires on Dec. 31 and sets Sirius X ...

  11. Apple Says iPad Sales Hit 3 Million

    June 23, 2010 12:00 AM EDT Apple Inc said it has sold 3 million iPads since the touch-screen tablet computer hit the market less than three months ago, boosting its stock before the company's iPhone arrives on store shelves this week. Shares in the consumer electronics ...

  12. Google Profit Rise Fails To Impress

    April 16, 2010 12:00 AM EDT Google Inc posted a 23% jump in quarterly revenue on a rebound in Web advertising, but its stock fell 5% as the company disappointed some investors accustomed to blowout results. Investors were also caught off guard by the company's announcem ...

  13. Woolworths Execs Plan Store Revival

    June 16, 2009 12:00 AM EDT Former Woolworths chief executive Sir Geoff Mulcahy is hoping to launch a similar 200-store chain, including new stores at some of the collapsed U.K. retailer's vacant sites. The Woolworths retail business and the group's wholesale enter ...

  14. Amazon Starts Game Trades

    March 06, 2009 12:00 AM EST Amazon.com Inc will allow shoppers to trade in used video games for store credit, a move that may challenge a core driver of profitability for No. 1 U.S. game retailer GameStop Corp. GameStop shares fell 13% on Thursday, after Amazon set the trial ...

  15. Early 'Grand Theft' Predictions: $400 Million

    April 16, 2008 12:00 AM EDT The April 29 release of the much-anticipated "Grand Theft Auto IV" could beat out "Halo 3" as the best-selling videogame of all time. Early predictions peg first week sales at around $400 million , to Halo 3's $300 million ...

  16. Emap To Sell Magazines And Radio Assets

    December 07, 2007 12:00 AM EST Emap has agreed to sell its consumer magazines and radio businesses to German publisher Bauer for £1.14 billion ($3 billion), but dropped plans to sell its business-to-business unit, hitting its shares. Analysts had expected Emap to raise around £ ...

  17. NBC Universal Pulls Content From iTunes

    December 03, 2007 12:00 AM EST NBC Universal made good on its declared intent to pull all of its content from Apple's iTunes, following through during the weekend as its contract with the platform expired. This comes as two separate research reports were published Monday a ...

  18. Famous Bidders Make Their Move

    April 12, 2007 12:00 AM EDT Letters of intent to bid on Famous Music Publishing were due yesterday to financial services firm UBS, which is managing the sale for Famous parent company Viacom. Viacom first publicly hinted at its intent to sell the publishing unit in February ...

  19. Viacom Demands YouTube Remove Videos

    February 05, 2007 12:00 AM EST Viacom Inc. on Friday demanded that Google Inc.'s online video service YouTube remove more than 100,000 video clips after they failed to reach a distribution agreement. Viacom said it sent a notice to YouTube on Friday morning asking the popu ...

  20. Napster Nabs AOL Music Now Subscribers

    January 12, 2007 12:00 AM EST Just a week after acquiring the subscriber base of the now-defunct Virgin Digital subscription service, Napster is taking over as the official music subscription service for AOL Music. AOL has dumped the Music Now service, which it acquired from C ...

  21. Napster Explores Sale Of Company

    September 18, 2006 12:00 AM EDT Has hired investment banking firm UBS. Has hired investment banking firm UBS. News ...

  22. Napster Explores Sale Of Company

    September 18, 2006 12:00 AM EDT Has hired investment banking firm UBS. Napster has put itself up for possible sale in response to what it claims is "recent third party interest in establishing strategic partnerships or potentially acquiring the company." The Los Angele ...

  23. Merger Rumor Sparks EMI Stock Rise

    April 24, 2006 12:00 AM EDT Stock in EMI Group lifted in morning trading today (April 24) in the wake of weekend reports which suggested the music major was poised to re-enter merger talks with Warner Music Group. Stock in EMI Group lifted in morning trading today (April 24) ...

  24. Merger Rumor Sparks EMI Stock Rise

    April 24, 2006 12:00 AM EDT Stock in EMI Group lifted in morning trading today (April 24) in the wake of weekend reports which suggested the music major was poised to re-enter merger talks with Warner Music Group. Stock in EMI Group lifted in morning trading today (April 24) ...

  25. Prince, Games Boost Vivendi Q1 Sales

    April 20, 2006 12:00 AM EDT Posted a forecast-beating 5.7% rise. Vivendi on Thursday posted a forecast-beating 5.7 percent rise in first-quarter sales, invigorated by strong performances by music artists such as Prince and online role-playing game World of Warcraft. The grou ...

  26. EMI Confident On Sales, Profit Gains

    April 20, 2006 12:00 AM EDT EMI Group plc today (April 20) forecast a full-year rise in sales and profit on the back of strong across-the-business performances. In an unaudited trading update for the financial year ended March 3 EMI Group plc today (April 20) forecast a full ...

  27. EMI Confident On Sales, Profit Gains

    April 20, 2006 12:00 AM EDT EMI Group plc today (April 20) forecast a full-year rise in sales and profit on the back of strong across-the-business performances. In an unaudited trading update for the financial year ended March 3 EMI Group plc today (April 20) forecast a full ...

  28. Warner Prefers To Return Cash Via Dividends

    December 06, 2005 12:00 AM EST Warner Music Group Corp. views an increase in the company's dividend as a preferred way to pay cash back to shareholders as opposed to paying down debt or buying back shares, a senior executive said o Warner Music Group Corp. views an increas ...

  29. Shareholder Opposition Nixes VNU-IMS deal

    November 22, 2005 12:00 AM EST Business information and media firm VNU said Nov. 17 that it terminated a planned $7 billion takeover of health care data provider IMS Health Inc. after overwhelming shareholder opposition. NEW YORK (The Hollywood Reporter) -- Business information ...

  30. Cumulus, Investors Buy Susquehanna For $1.2 Billion

    October 31, 2005 12:00 AM EST Deal expected to close in the first half of 2006. With financial backing from three investment firms, Cumulus Media, radio's 11th largest radio group, is acquiring Susquehanna Radio for approximately $1.2 billion. To pull off the widely expec ...

  31. Apple's iTunes Takes Bigger Bite Out Of Europe

    May 10, 2005 12:00 AM EDT Download store goes live in Switzerland, Nordic. Apple Computer today (May 10) launched iTunes Music Stores in Denmark, Norway, Sweden and Switzerland. The four new localized digital download services offer licensed repertoire from the four majors ...

  32. Apple's iTunes Takes Bigger Bite Out Of Europe

    May 10, 2005 12:00 AM EDT Apple Computer today (May 10) launched iTunes Music Stores in Denmark, Norway, Sweden and Switzerland. The four new localized digital download services offer licensed repertoire from the four majors a Apple Computer today (May 10) launched iTunes ...

  33. HOB Makes About-Face On Sale Of Concert Arm

    April 13, 2005 12:00 AM EDT Trojan: division pulled off the block. The concert division of House of Blues Entertainment is now off the block, Billboard.biz has learned. HOB CEO Greg Trojan informed employees of the live-entertainment company yesterday (April 12) that a sale ...

  34. HOB Concerts Sale Heating Up

    February 07, 2005 12:00 AM EST Sources: AEG Live, SMG are lead contenders. A deal to purchase House of Blues Concerts is on the fast-track, with bids coming in from several high-profile parties, sources say. Among those conducting due diligence and putting together bids are Cle ...

  35. Faxon Named Bandier Heir

    January 11, 2005 12:00 AM EST EMI Music Publishing will begin a three-year transition Feb. 1 as it grooms its next chairman/CEO. NEW YORK -- EMI Music Publishing will begin a three-year transition Feb. 1 as it grooms its next chairman/CEO. London-based Roger Faxon, EMI Group&# ...

  36. HOB Eyes Sale Of Concert Unit

    December 20, 2004 12:00 AM EST House of Blues Entertainment may be selling its concert subsidiary, HOB Concerts. According to a statement released by the company today (Dec. 20), HOB has retained global financial services firm UBS House of Blues Entertainment may be selling its ...

  37. IFPI: Record Biz Value Falls 1.3% In First Half

    September 30, 2004 12:00 AM EDT New interim figures published today by the IFPI reveal a slowing in the rate of decline for global recorded music shipments. The estimated retail value of the worldwide industry in the first half of 2 New interim figures published today by the IFP ...

  38. IFPI: Record Biz Value Falls 1.3% In First Half

    September 30, 2004 12:00 AM EDT New interim figures published today by the IFPI reveal a slowing in the rate of decline for global recorded music shipments. The estimated retail value of the worldwide industry in the first half of 2 New interim figures published today by the IFP ...

  39. EMI Commits To A Digital Future

    July 02, 2004 12:00 AM EDT EMI has pledged to digitize its entire catalog as the group moves to embrace opportunities in the digital-music environment. EMI has pledged to digitize its entire catalog as the group moves to embrace opportunities in the digital-music environmen ...

  40. EMI Commits To A Digital Future

    July 02, 2004 12:00 AM EDT EMI has pledged to digitize its entire catalog as the group moves to embrace opportunities in the digital-music environment. EMI has pledged to digitize its entire catalog as the group moves to embrace opportunities in the digital-music environmen ...

  41. Biz Analyst Dixon Joins Gabelli

    April 06, 2004 12:00 AM EDT Industry veteran was managing director for UBS. Industry veteran was managing director for UBS. News ...

  42. Biz Analyst Dixon Joins Gabelli

    April 06, 2004 12:00 AM EDT Music-industry analyst Christopher Dixon has joined privately owned investment group Gabelli Group Capital Partners (GGCP) as managing director. Music-industry analyst Christopher Dixon has joined privately owned investment group Gabelli Group Cap ...

  43. EMI Stock Continues To Rise

    March 08, 2004 12:00 AM EST In its best performance since May 2002, stock in EMI Group rose to 278.25p today (March 8), a 5.6% increase on Friday's close. However, the trading level was below average, with 12.7 million shares ch In its best performance since May 2002, s ...

  44. UBS Upgrades EMI Rating

    February 24, 2004 12:00 AM EST Investment bank UBS on Tuesday upgraded its rating on EMI Group plc on the prospect of a recovery for the recorded music industry. UBS bumped up its price target on EMI Group plc to 347p from 261p. St Investment bank UBS today (Feb. 24) upgraded i ...