Universal Music Group reported an 18.8% jump in revenue for the first quarter of 2019. The increase came as part of a strong financial report from parent Vivendi. Music subscription and streaming revenue grew 28.1% year-over-year. The company also reported that it is making progress on its plan to sell…
Category archives: Universal Music
Universal Music Group sale to Google ‘would be blocked’, says IMPALA
Last month MBW asked a huge question: Could Google buy Universal Music Group? Current UMG owner Vivendi is suspected to sell half, if not more of, the major music company for somewhere in the vicinity of $40 billion over the next year. Google parent co…
Universal Music Group hires eBay veteran Dan Morales as Chief Information Officer
Morales will join UMG’s global headquarters in Santa Monica next month
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Jody Gerson-led Universal Music Publishing Group is now officially a billion-dollar business
UMPG saw annual revenues rise 14.5% at constant currency in 2018, hitting €941m
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Universal Music Group is being valued at $42bn – and could set in motion a major label sales frenzy
The sale of up to 50% of UMG could tempt Sony and Warner to consider their options
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She Is The Music reveals partnerships and funding to further equality initiatives
SITM is a nonprofit focused on achieving equality for women across the music industry
The post She Is The Music reveals partnerships and funding to further equality initiatives appeared first on Music Business Worldwide.
Universal Music makes changes to Global Classics And Jazz Division’s executive management team
Holly Adams promoted to Head of Soundtrack and Score, Global Classics and Jazz and Globe UK
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UMG Signs Germany’s Top Streaming Artist 2018, Capital Bra
Universal Music has signed German hip-hop artist, Capital Bra. 2018 was a groundbreaking year for the rapper whose real name is Vladislav Balovatsky. Not only did he become Germany’s most streamed artist of 2018, but he is the first artist ever to have eight No.1 hits in one year in…
Universal signs Germany’s most successful streaming artist of last year, Capital Bra
Artist hit No.1 in final chart week of last year
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Universal Music buys Nashville’s House of Blues Studios for $4.3M
UMG also owns Capitol Studios in Los Angeles and Abbey Road in London
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