UMG

  1. Spotify's Ken Parks on an IPO, the Echo Nest Purchase (Q&A)

    March 11, 2014 4:59 AM EDT The past couple of weeks have brought a flurry of headlines about Spotify, beginning last week when it announced its acquisition of the Echo Nest for a reported $100 million and continuing with news this week of a $200 million credit line , leadi ...

  2. Neil Diamond Signs With Capitol Records (Exclusive)

    January 20, 2014 2:01 PM EST Billboard has learned Capitol Music Group will announce it has signed legendary singer/songwriter Neil Diamond to its Capitol Records label. The deal will mark the first time Diamond’s entire catalog has been under one label. The new deal is Diamo ...

  3. Tiësto Reveals Deal With Republic, New Album Due in 2014 (Video)

    November 19, 2013 12:00 PM EST Ever wonder how big record company decisions are made? In Tiësto’s “Inside the Booth,” it looks pretty easy. The latest installment of the Dutch superstar’s behind-the-scenes web series reveals some pretty major news: Tiësto has inked a deal with ...

  4. Exclusive: ATO Records Signs Distro Deal With Caroline

    May 23, 2013 11:14 AM EDT The revitalized Caroline distribution and label services operation has signed ATO Records to a U.S. distribution agreement. ATO (According To Our Records), founded by Dave Matthews and manager Coran Capshaw, has a roster that includes My Morning ...

  5. Parlophone Purchase: What It Means For Warner Music and Universal

    February 07, 2013 2:20 PM EST In an unexpected and strong move, the Warner Music Group has won the auction for the Parlophone Label Group assets with a £487 million ($762 million) bid. The deal is expected to close mid-2013. The deal will give the Warner Music Group, the sma ...

  6. Elizabeth Sobol Named Decca Label Group President and CEO

    January 17, 2013 6:44 PM EST Elizabeth Sobol, current managing director at IMG Artists North America, has been named the Decca Label Group's president and CEO effective April 15th.  Sobol will report to Universal Music Group International's chairman and CEO Max Hole ...

  7. Universal Music France President Pascal Negre Named UMG's Global Head of New Business

    January 15, 2013 1:37 PM EST Pascal Nègre, president at Universal Music France, Italy, Middle East and Africa, has been promoted to UMG's global head of new business, according to a press release. "I'm really happy to work closely with Lucian and the Board team ...

  8. IMPALA, Indies Ask EC to Investigate Sony-BMG's Parlophone Bid

    January 11, 2013 7:17 PM EST Independent music companies have raised concerns about a plan by Sony Corp. and Bertelsmann music venture BMG to bid for former EMI label Parlophone, arguing an acquisition would give the music giants, particularly Sony, too much market power. V ...

  9. Morning Fix: Live Nation's 3Q Earnings; Pandora Sues ASCAP; Google Buries Legal MP3 Sites

    November 06, 2012 8:18 AM EST Head HERE to subscribe to Billboard's Morning Fix and other free music-business newsletters LIVE NATION PROFIT, REVENUE SOAR IN THIRD QUARTER: Live Nation got through a tepid global economy to deliver strong growth in revenue and net profit i ...

  10. Morning Fix: Rara Expands; Today's Apple Event; Bertelsmann, KKR & EMI; ATP Merger

    October 23, 2012 7:36 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters RARA ADDS IOS, EXPANDS MUSIC CATALOG, PARTNERS WITH LENOVO: On-demand subscription music company Rara has launched its service on Apple's iPad and iPhones , as well de ...

  11. Columbia COO Steve Barnett in Line to Head Up Universal's New Capitol Label Group: Source

    October 05, 2012 4:20 PM EDT Columbia Records co-chairman/COO Steve Barnett is potentially days away from taking the helm of a new Capitol Label Group at Universal Music, a source close to the situation told Billboard.biz Friday afternoon (October 5). The source stressed that ...

  12. Universal Completes $1.9 Billion EMI Recorded Music Acquisition

    September 28, 2012 8:47 AM EDT LONDON - Vivendi's Universal Music Group said Friday that it has completed the $1.9 billion acquisition of EMI's recorded music arm. "This is a next step towards ensuring the health of our industry," said UMG chairman and CEO L ...

  13. Morning Fix: Jay-Z on Barclays; Sony/ATV Vs. iPhone 5; Instagram Surpasses Twitter; Neil Young's New Music Service

    September 27, 2012 10:51 PM EDT Head HERE to subscribe to Billboard's free music-business newsletters Jay-Z Talks Barclays Bookings, 'Nepotism,' Made In America II: Jay-Z wants his eight-night residency at Brooklyn's Barclays Center, which kicks off tonight & ...

  14. Morning Fix: N.Z. Apologizes to Kim Dotcom; Mumford & Sons Juggernaut; Lyor Cohen Mgmt Firm?

    September 27, 2012 7:13 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters LIL WAYNE PASSES AN ALL-TIME ELVIS PRESLEY HOT 100 MARK: Lil Wayne has just topped Elvis Presley's mark for the most Hot 100 appearances among solo acts . As he debuts ...

  15. Universal-EMI: Lucian Grainge, IMPALA, Martin Mills, Other Reactions to Deal's Approval

    September 21, 2012 3:14 PM EDT As expected, the approval by the European Union and the Federal Trade Commission has inspired a number of dramatically opposing comments and reactions from the parties affected by and involved in the deal. Here's a collection of several we� ...

  16. Universal-EMI Merger: A Timeline Of Events

    September 21, 2012 6:32 AM EDT The European Commission's approval of Universal Music's acquisition of EMI's recorded-music division -- albeit with major concessions -- is a milestone in a process that began some 15 months ago, was debated in the U.S. Senate, and ...

  17. Read: EMI CEO Roger Faxon's Letter to Staff About Universal Deal

    July 27, 2012 4:16 PM EDT Today, not long after Universal Music submitted the long-delayed divestment package for its proposed acquisition of EMI's recorded-music division to the European Commission , moving the process one big step closer to a conclusion. EMI Group C ...

  18. Updated: Universal Music Offers to Sell More Assets to Salvage EMI Deal

    July 19, 2012 8:41 AM EDT Universal Music has upped the ante in its efforts to gain approval for its proposed purchase of EMI's recorded-music division, offering to sell off even more parts of EMI, according to a report in Financial Times. The European Commission reje ...

  19. Grooveshark Wins DMCA Argument in Universal Dispute

    July 11, 2012 12:52 PM EDT It's not a secret that Universal Music isn't much of a fan of Grooveshark, the music discovery service that streams over a billion songs every month. The record giant has been pursuing several court actions against the company, including ...

  20. EMI-Universal Merger: Labels Gave $500K to Senators Probing Anti-Trust Claims

    June 21, 2012 4:00 PM EDT At least half the members of subcommittee of the Senate Judiciary Committee, which met Thursday to hear testimony on the anti-trust implications of the pending Universal Music-EMI merger, have received campaign contributions from the two music ind ...

  21. EMI Sues 'Def Jam Rapstar' Video Game Creators Over Kanye, Lil Wayne Song Clearances

    March 29, 2012 2:43 PM EDT We can hardly imagine the difficulties of clearing a hip-hop song for use in a video game. Rap songs are known to include multiple contributors and underlying samples, which means a ton of paperwork. The producers of Def Jam Rapstar, a video game ...

  22. It's Official: Mike Dungan Appointed Chairman & CEO of Universal Music Nashville

    February 29, 2012 12:42 PM EST As Billboard.biz exclusively reported last week, Mike Dungan -- no. 85 on Billboard's recent "Power 100" list -- has been appointed chairman & CEO of Universal Music Nashville Entertainment, the company announced in a statement ...

  23. Universal Music Formally Requests EU Approval to Purchase EMI's Labels

    February 20, 2012 1:15 PM EST Vivendi's Universal Music Group today formally requested European Union regulators' approval to buy EMI's recorded-music division. An initial deadline of March 23 was set for a ruling on the deal, according to the European Commissio ...

  24. Universal Music Sees Recorded Music Business Near Turnaround

    November 17, 2011 12:00 PM EST Top executives of Vivendi's Universal Music Group on Thursday said the industry was nearing a turnaround for the recorded music business, which has continued to decline in recent years. During an analyst meeting in Paris, which was webcast, B ...

  25. Van Halen To Sign With Interscope

    November 11, 2011 5:42 PM EST Iconic rock band Van Halen are set to sign with Interscope Records, says a source familiar with the negotiations. The deal is expected to be finalized next week, marking the first time in 35 years that the band will not release music through Warne ...

  26. The Universal-Live Nation Deal: What It Means, and What It Probably Doesn't

    September 20, 2011 11:19 AM EDT The news of the new relationship between UMG and Live Nation and its Ticketmaster and Front Line divisions raises a lot of questions -- only some of which have relatively straightforward answers. Given the immense size and reach of the two compani ...

  27. Interscope Denies Involvement in Drug-Trafficking Operation

    September 16, 2011 4:36 PM EDT Interscope has responded to federal prosecutors' claim that the company's offices were used by a drug-trafficking ring involving Game manager Jimmy "Henchman" Rosemond as a transit point for cases filled with cocaine and cash. ...

  28. Universal Motown Republic and Island Def Jam Announce New Structure, Layoffs Taking Place Today

    June 17, 2011 4:10 PM EDT In the wake of Sylvia Rhone's departure from Universal Motown last month, Universal Motown Republic Group and Island Def Jam Music Group today announced a new centralized back-office structure and a "mandate to dramatically increase arti ...

  29. Is Sylvia Rhone Leaving Universal?

    April 29, 2011 10:42 PM EDT While there has been recent talk of a Sylvia Rhone exit from Universal Motown, the UMG-owned label she's run since being named president in 2004, it may not be outside the company, says a source. With a year left on her contract, Rhone, who&# ...

  30. LimeWire Wins Limit on Damages to Record Labels

    March 10, 2011 6:07 PM EST A federal judge limited the potential financial liability facing the operator of LimeWire, a once-popular file-sharing service found liable for copyright infringement, at an upcoming damages trial. U.S. District Judge Kimba Wood agreed with Lime G ...

  31. Shelli and Irving Azoff To Receive City of Hope's 2011 Spirit of Life Award

    January 31, 2011 6:37 PM EST Irving and Shelli Azoff are the 2011 Spirit of Life Award honorees, the City of Hope's Music and Entertainment Industry Group announced today. The Spirit of Life Award is presented to those who exemplify the ideals and values that guide City ...

  32. Steve Rifkind Signs New Three-Year Deal With Universal

    January 06, 2011 12:00 AM EST On the heels of yesterday's announcement that Universal Republic's Monte and Avery Lipman had both re-signed new long-term contracts with UMG comes word that SRC Records CEO Steve Rifkind will also remain at Universal for the near future ...

  33. Google Targeted For Linking To Infringing Songs

    June 21, 2010 12:00 AM EDT Is Google about to be hit with a major new lawsuit for linking to copyright infringing songs? A UK trade group representing more than 300 record companies including UMG, Sony and Warner Bros. has sent Google a takedown notice demanding it remove l ...

  34. Analysis: Vevo Is A Necessary Experiment For Majors

    December 07, 2009 12:00 AM EST The launch of Vevo Tuesday (Dec. 8) is a necessary experiment for major labels aiming to take a more direct role in charting their digital destiny. After years of letting video sites build a business on their content, music companies must take new ...

  35. Plugged And Unplugged: Nokia's 'Comes With Music'

    December 07, 2007 12:00 AM EST Plugged: Despite many of the negative reactions to Nokia's "Comes With Music" initiative, on the surface the move is a good idea. Subscription services have failed to gain traction in both this country and abroad. Music fans just ca ...

  36. UMPG Integrates BMG Publishing Execs

    August 20, 2007 12:00 AM EDT Universal Music Publishing Group's integration of BMG Music Publishing, purchased last September, with Universal Music Publishing continues. The company has revealed some key staff appointments as well as a few departures. "UMPG already ...

  37. IMPALA To Meet With EC Commissioner

    February 20, 2007 12:00 AM EST IMPALA leaders plan to meet with the European Commissioner in charge of competition on Friday (Feb. 23), Billboard.biz has learned. They intend to discuss a proposed framework to resolve objections that the independent music trade group has -- or ...

  38. Apple Renews Flat-rate iTunes Music Contracts

    May 02, 2006 12:00 AM EDT Apple Computer has renewed contracts with the world's four largest music companies to sell songs through its iTunes Music Store, after blocking their attempts to end iTunes' flat-rate pricing scheme, Apple Computer has renewed contracts ...

  39. A&M Prez Takes Reins At Geffen

    March 14, 2006 12:00 AM EST A&M president Ron Fair has met with Geffen staffers and is already actively running the label, according to inside sources. A UMG spokeman declined to comment, as did Fair. A&M president Ron Fair has met with Geffen staffers and is alr ...

  40. UMG To Tap Into New Revenue Streams

    October 07, 2005 12:00 AM EDT Universal Music said it is transforming itself into a broader entertainment company that derives more revenue from untapped sources like advertising. UMG senior executives discussed their strategy wit Universal Music, the world's largest reco ...

  41. Update: Caparro Lines-Up UMG, Glenayre Deal

    May 09, 2005 12:00 AM EDT UMG to sell U.S., European plants for $122M. UMG to sell U.S., European plants for $122M. News ...

  42. MusicGremlin Gets Funds

    February 25, 2005 12:00 AM EST Wireless tech firm has deal with UMG. Wireless tech firm has deal with UMG. News ...