Universal Music Group

  1. 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 ...

  2. Morning Fix: Katy Perry Named Woman of the Year; Lyor Cohen Speculation; Maybach Music Tour

    September 26, 2012 7:43 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. KATY PERRY NAMED BILLBOARD WOMAN OF THE YEAR: Billboard has announced that Katy Perry will accept its coveted Woman of the Year Award at the 2012 Billboard Women in Music ...

  3. Universal Music CEO Lucian Grainge Says He'll 'Double A&R Investment' at Capitol, Virgin

    September 24, 2012 2:47 PM EDT Universal Music Group CEO Lucian Grainge was in bullish form late on Friday as in the wake of his company's acquisition of EMI Music finally clearing EU and US regulatory hurdle s. It was a long road that officially began when EMI went on the ...

  4. Backbeat: No Doubt, Green Day, Clear Channel Execs Backstage At IHeartRadio Festival

    September 24, 2012 10:38 AM EDT Members of No Doubt pose with Billboard's Andrew Hampp and their Billboard cover from August 18. "It's sort of the Super Bowl of music," Clear Channel 's programming chief Tom Poleman told Billboard days before the officia ...

  5. Business Matters: Universal's Deal for EMI No Longer a Sure Thing, But Still Worthwhile

    September 21, 2012 10:00 PM EDT How much will Universal Music Group miss that pound of flesh the European Commission took when it forced considerable concessions from the world's largest record company in exchange from its approval of a merger with EMI Music? That's th ...

  6. Universal Music-EMI Merger: UMG Struck Gold With PolyGram in the 1990s, Can They Do It Again?

    September 21, 2012 5:45 PM EDT Now that the Universal Music Group has approval to complete its acquisition of EMI's recorded music operation , it will hit the ground running to integrate the two companies, insiders say. The Universal Music Group already presided over a hig ...

  7. 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� ...

  8. FAQ on Approval of Universal Music - EMI Deal

    September 21, 2012 1:50 PM EDT As Universal Music Group's acquisition of EMI Music's recorded music division today received approval from both European and U.S. regulators , details have emerged about the exact steps Universal must take to win European Commission supp ...

  9. Universal Music's Acquisition of EMI Approved by Federal Trade Commission

    September 21, 2012 12:50 PM EDT The Federal Trade Commission has weighed in, rubber stamping the EU's decision to approve the Universal Music Group 1.2 billion euro acquisition of EMI, as expected. The Commission voted 5-0 to close its investigation without taking any actio ...

  10. EMI CEO Roger Faxon, CFO Ruth Prior to Step Down: Read Full Text of Letter

    September 21, 2012 10:19 AM EDT Not long after Universal Music Group's acquisition of EMI's recorded-music division was approved by the European Union on Friday, EMI CEO Roger Faxon announced that he and CFO Ruth Prior will be leaving the company, effective next Friday ...

  11. Universal Music-EMI Deal Approved by European Union

    September 21, 2012 6:19 AM EDT European Union regulators today formally approved Universal Music Group's $1.9 billion acquisition of the recorded music unit of EMI Music. As expected, the approval is contingent upon divestments to limit the combined companies' market ...

  12. Morning Fix: Universal-EMI EU Approval Tomorrow? Amanda Palmer Pays; Cash Money Signs Caskey

    September 20, 2012 12:33 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. AEG SALE LIKELY TO ATTRACT L.A. CONSORTIUM BID: The announcement that s ports and live-entertainment giant AEG is for sale for a reported $7 to $8 billion , has prompted s ...

  13. Business Matters: Reports of the Death of Major Labels Are Greatly Exaggerated

    September 17, 2012 6:16 PM EDT People I talk to seem to be split between two opinions: the majors are doing OK; and the majors are doomed. If people come from the world of independent music they tend to be biased against the major labels or downright distrustful of them. If the ...

  14. Universal Music-EMI Deal Expected to Be Approved by EU Friday

    September 13, 2012 7:11 PM EDT The Universal Music Group's proposed acquisition of EMI is headed for the endgame in the regulatory process. According to sources, on Friday the European Commission will put the deal and the concessions package to vote before full college of ...

  15. Ne-Yo Talks About His Motown A&R Gig, Learning the 'Language of Executive'

    September 12, 2012 4:18 PM EDT Left to right: Universal's Barry Weiss, Ne-Yo and Motown's Ethiopia Habtemariam after announcing Ne-Yo's new role at Motown in January While walking the red carpet at the MTV Video Music Awards, Ne-Yo took a moment to talk with Bill ...

  16. 'Inventing David Geffen' Documentary Premieres at Toronto Film Festival

    September 11, 2012 4:35 PM EDT A lively account of one of the most influential careers in modern showbiz, Susan Lacy's "Inventing David Geffen" works within a familiar format to sing the praises of a man who never did. An upcoming airing on PBS's American Ma ...

  17. Universal Music-EMI: Vivendi Confirms Payment, But Status of Deal Is Still Unclear

    September 10, 2012 3:22 PM EDT Universal Music Group's bid to acquire part of EMI has entered its final phase of regulatory review in Europe, but while UMG parent Vivendi confirmed a first payment required under the deal, the status of European regulators' thinking ab ...

  18. The xx Finds The Love Below

    September 07, 2012 8:00 AM EDT Three years after its breakout debut, the xx returns with a plan to keep building buzz from the underground up The Internet shared a collective swoon on July 16, when British trio the xx unveiled "Angels," the first single from its highl ...

  19. EU to Vote on Universal-EMI Deal Tomorrow, Outcome Uncertain: Sources

    September 06, 2012 8:43 AM EDT Things are coming to a head in the European Union commission's review of Universal Music Group's bid to buy EMI's recorded-music operation. On Friday, an EU advisory committee is expected to vote on whether or not to approve the acq ...

  20. Morning Fix: Bankers Big Winners in EMI-UMG Deal; SEO B.S.; VMAs Relevance; Matchbox 20 Aim For No. 1

    September 06, 2012 7:50 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. MATCHBOX TWENTY AIMING FOR FIRST NO. 1 ALBUM ON NEXT WEEK'S BILLBOARD 200: Watch for Matchbox Twenty to nab its first No. 1 on the Billboard 200 next week. Also heade ...

  21. Morning Fix: EMI/Universal; Scooter Lands Psy; AEG's Michael Jackson Emails

    September 04, 2012 8:30 AM EDT Head HERE to subscribe to Billboard's FREE music-business newsletters. SCOOTER BRAUN, KOREAN VIRAL VIDEO SENSATION PSY ANNOUNCE LABEL PARTNERSHIP: Scooter Braun and Psy, the Korean pop star whose video for "Gangnam Style" this summe ...

  22. Bertelsmann CEO Thomas Rabe on BMG Rights Mgm't, EMI Acquisitions, Getting Back Into the Record Biz

    August 31, 2012 2:15 PM EDT Thomas Rabe, CEO of Bertelsmann, doesn't discount the idea of his company getting back into the record business. BERLIN - Bertelsmann, Europe's largest media group, which controls European broadcaster RTL Group and production powerhouse ...

  23. Bertelsmann H1 Earnings Rise, Interested In EMI Assets

    August 31, 2012 10:08 AM EDT Bertelsmann, which owns BMG Rights Management and Arvato, posted a net profit of 353 million euros ($443.95 million)on revenues of 7.6 billion euros ($9.6 billion) for the six month period ended June 30. That performance represented a 31.2% increa ...

  24. White Paper Urges FTC to Block UMG-EMI Deal; EU Nat'l Regulators Slated To Vote on Merger

    August 30, 2012 8:30 PM EDT The American Antitrust Institute, a Washington-based non-profit education, research, and advocacy organization, has issued a white paper entitled "Music Industry Consolidation: The Likely Anticompetitive Effects Of The Universal/Emi Merger&qu ...

  25. Exclusive: Billy Joel Signs Global Publishing Deal With Rondor and Universal

    August 30, 2012 7:00 AM EDT Front row (L-R): Zach Horowitz, Chairman & CEO, UMPG Worldwide; Billy Joel; Lance Freed, President of Rondor Music. Back row (L-R): Michael J. Sammis, EVP Operations and CFO Worldwide, UMPG; Don Ienner, Consultant; Todd Kamelhar, Gelfand, Renn ...

  26. Austin Mahone Signs With Chase/Universal Republic

    August 28, 2012 10:57 PM EDT Austin Mahone, the teen YouTube star dubbed "Baby Bieber," has signed a distribution deal with Chase Records through Universal Republic, the latter of which is home to Owl City, Florence + The Machine, the late Amy Winehouse and Dev. The ...

  27. Universal Music-EMI Update: Where the Deal Stands Before Things Heat Up This Week

    August 24, 2012 5:13 PM EDT While things have been a bit quiet recently around the Universal Music Group's proposed acquisition of EMI, expect them to heat up toward the end of this week and especially after the Labor Day weekend. Universal/EMI: Deal Looks Likely to Be ...

  28. Morning Fix: House Sends Letter on UMG-EMI; Spotify 2011 Revenue Up; Trey Songz Headed for No. 1; RIP New Albion

    August 23, 2012 8:25 AM EDT TREY SONGSZ HEADED FOR FIRST NO.1: R&B singer Trey Songz is aiming for his first No. 1 album on the Billboard 200 chart with his new Songbook/Atlantic album, "Chapter V." Other albums in the hunt for a high debut next week include DJ ...

  29. Universal-EMI Merger Approved By Canadian Regulators

    August 20, 2012 3:33 PM EDT Universal Music Group's proposed acquisition of EMI's recorded music division has passed another hurdle, albeit not the European Commission or FTC approval that the companies are so actively seeking. Today, the Canadian Competition Burea ...

  30. Business Matters: Streaming Is Growing -- Is Vevo?

    August 20, 2012 2:19 PM EDT With streaming music the new high-growth segment in digital music, there are expectations on music video network Vevo to put up good numbers every month. But is the company delivering? Well, maybe. Read on. Vevo's comScore July numbers -- inc ...

  31. Olympics Bump Sends Emeli Sande (and 123 Others) Up UK Charts

    August 20, 2012 7:29 AM EDT Scottish singer-songwriter Emeli Sandé's huge exposure via her performances at the London 2012 Olympics closing ceremony on Aug. 12 sent her debut album Our Version of Events (Virgin/EMI) back to No. 1 on the U.K. chart yesterday (Sunday), as ...

  32. Negative Drake Review Mistakenly Removed From Google At BPI's Behest -- Not Universal's

    August 17, 2012 1:59 PM EDT Yesterday, a number of news outlets mistakenly reported that a negative review of Drake's "Take Care" album, written by Henry Adaso, had been removed from Google after Universal Music Group filed a DMCA takedown request -- allegedly ...

  33. Vevo Launches in Brazil

    August 14, 2012 11:03 AM EDT Music video network Vevo announced Tuesday that it has launched in Brazil with localized content and global hits from the catalogs of Universal Music Group, Sony Music Entertainment, EMI Music and other partner labels. The site will be localized i ...

  34. Rihanna's 'Talk That Talk' Tops UK Charts With Lowest-Selling No. 1 Album

    August 13, 2012 8:51 AM EDT Rihanna's "Talk That Talk" (Def Jam/Universal) returned to the top of the U.K. album chart on Sunday (Aug. 12), as "Heatwave" (One More Tune/Warner Bros./Warner Music) by British rapper Wiley featuring Ms D started a secon ...

  35. Universal Music In Talks With EU on Adding Global Rights To Remedies Package For EMI Deal

    August 10, 2012 12:40 PM EDT After market testing Universal Music Group's remedies package for its proposed acquisition of EMI, European Union regulators and UMG are in discussions to add global rights divestitures to the package, according to sources. Currently, the UMG ...

  36. Inside EMI's Financials: A Healthy Core Business

    August 08, 2012 8:26 AM EDT The financial results released yesterday by EMI showed a company with healthy core businesses but hit hard by goodwill impairment charges triggered by the market valuations it received from the winning bids in the auction to sell the company. On N ...

  37. EMI Reports Fiscal Year Loss Due to Writedown

    August 07, 2012 5:30 PM EDT Music company EMI recorded a pre-tax loss of £349 million ($546 million) for the fiscal year ending March 31, down from the year before due to a writedown, the Guardian reported , citing an internal company memo. The £372 million ($582 million) ch ...

  38. Pressure Mounts For Universal Music To Make U.S. Concessions on EMI Deal

    August 06, 2012 8:06 AM EDT Universal Music Group's proposed remedy package to satisfy government regulators that they are divesting enough assets to allay antitrust concerns is facing increased pressure to include solutions that will make the sales of Anglo/American re ...

  39. Senators' Letter on Universal Music-EMI Deal Warns of 'Significant Competition Issues'

    August 03, 2012 1:24 PM EDT Two U.S. Senators today sent a letter to the Federal Trade Commission, asking it to carefully review Universal Music Group's proposed acquisition of EMI. "Without reaching any final judgment as to the legality of the deal under the antit ...

  40. The xx, Rick Ross feat. Jay-Z and Dr. Dre, and Animal Collective

    August 02, 2012 4:00 PM EDT ALTERNATIVE THE XX Angels (2:53) Producer: Jamie Smith Writer: The xx Publisher: Universal Music Publishing Young Turks "Like dreaming of angels/And leaving without them," whisper-sings Romy Madley Croft on the xx's sexy and heartbr ...

  41. 40 Under 40: Robb McDaniels

    August 02, 2012 3:05 PM EDT Robb McDaniels Founder/CEO, INgrooves Fontana Website: ingroovesfontana.com Twitter: @ingroovesfont Fluent In Music And Sports In a short decade, Robb McDaniels, 38, has built INgrooves from scratch into a dominant player in the independent distri ...

  42. 40 Under 40: Joie Manda

    August 02, 2012 2:55 PM EDT Joie Manda President, Def Jam Recordings Website: DefJam.com Twitter: @joeyie Life Is Good With Hits Def Jam president Joie Manda, 38, makes his management approach work. Manda, who became the first executive to assume the lead at the famed label ...

  43. 40 Under 40: Rio Caraeff

    August 02, 2012 2:46 PM EDT Rio Caraeff President/CEO, Vevo Website: Vevo.com Twitter: @RioZilla Taking It Worldwide Vevo President/CEO Rio Caraeff, 37, has sought a flexible, nimble startup culture for the music video network. Now, he must be nimble across multiple time zon ...

  44. 40 Under 40: Gustavo Lopez

    August 02, 2012 2:45 PM EDT Gustavo López Executive VP, Brand Partnerships, Business Development and Digital, Universal Music Latin Entertainment Website: Universalmusica.com Latin Deal Driver After presiding over regional Mexican powerhouse Fonovisa/Disa, Gustavo López, 39, ...

  45. 40 Under 40: Cortez Bryant, Gee Roberson

    August 02, 2012 2:39 PM EDT Cortez Bryant, Gee Roberson Co-CEOs, The Blueprint Group Website: Bryant-Management.com Twitter: @CortezBryant Partners In Rhyme After years of building their management companies separately, Gee Roberson, 38, and Cortez Bryant, 33, knew it was ti ...

  46. 40 Under 40: Scooter Braun

    August 02, 2012 2:34 PM EDT Scooter Braun CEO, School Boy Records, SB Projects Website: ScooterBraun.com Twitter: @ScooterBraun Daydream Belieber With three of his acts claiming No. 1 positions on Billboard charts (Justin Bieber, Carly Rae Jepsen and the Wanted), manager Sco ...

  47. 2 Chainz Takes The Throne

    August 02, 2012 1:15 PM EDT Chainz glides effortlessly across a wide Midtown Manhattan sidewalk looking like he just strutted out of central casting for the world's coolest hip-hop star. In fact, he plays the part with vigor: a crisp fedora hat, designer shades, a T-s ...

  48. Rick Ross' 'God Forgives, I Don't' Headed for No. 1 on Next Week's Billboard 200 Chart

    August 01, 2012 5:52 PM EDT Rick Ross is aiming for his best sales week ever, as "God Forgives, I Don't," is tracking to sell around 200,000 copies by week's end on Aug. 5. That number -- forecasted by industry sources -- should easily claim the hip-hop k ...

  49. Matt Voss Promoted to Executive Vice President of UMG's International, East Coast Labels

    July 31, 2012 1:00 PM EDT Today (July 31), Universal Music Group announced that Matt Voss has been promoted to Executive President of International, East Coast Labels. The announcement was made by Ivan Gavin, Chief Operating Officer of East Coast Lavels who Voss will repor ...

  50. Backbeat: Why Vevo's San Francisco Product Team Works Out of Michael Cerda's Garage

    July 31, 2012 7:30 AM EDT Garage Band: Vevo Software Developers Dan Peachey, Matt Torbin, Kiran Karunakaran, Jeff Carnegie, Ilya Tchak, Brady Sammons, Dave Hagedorn; Product Manager Jon Li (foreground). (Photo: Michael Cerda) Some companies have literally started in a gara ...

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