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Universal Music Group

Latest News

  1. Ninth Circuit Court of Appeals Makes Landmark Ruling In Copyright Case

    1:45 pm 12/20/2011

    In an important victory to website owners, appellate circuit affirms that UGC site is eligible for statutory safe harbor from copyright liability. Read more

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  2. Official: David Foster Named Chairman of Verve Music Group

    11:57 am 12/15/2011

    The Oscar-nominated producer, songwriter, arranger, artist and executive will lead the creative operations of Verve, with a focus on identifying new talent and further developing UMG's roster of adult music and pop artists.Read more

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  3. Universal Music Sues Grooveshark in Big Copyright Case

    3:47 pm 11/18/2011

    Grooveshark employees, up to the CEO, are alleged to have uploaded copyrighted songs; potential statutory damages could be in the billions of dollars.Read more

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  4. 'American Idol' Alum Danny Gokey Parts Ways With RCA Nashville (Exclusive)

    6:00 am 11/18/2011

    Season 8's second runner-up (behind Kris Allen and Adam Lambert) is the latest show graduate to find himself without a major label deal. Read more

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  5. Universal Music Sees Recorded Music Business Near Turnaround

    8:02 am 11/17/2011

    

CEO Lucian Grainge and global CFO Boyd Muir also tout Vivendi's music unit's deal to acquire EMI's recorded music arm as "financially compelling" and immediately accretive to earnings.

Read more

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  6. Vivendi Third-Quarter Results Exceed Expectations

    4:48 am 11/16/2011

    

The latest financials also included a second consecutive quarter of 
revenue growth at Universal Music Group.

Read more

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  7. Google Music Store to Launch Wednesday

    4:46 pm 11/14/2011

    According to sources, Warner Music Group and Sony Music have yet to get on board which may diminish the impact of the announcement.Read more

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  8. EMI Sale: Read CEO Roger Faxon's FAQ Memo to Staff

    3:12 pm 11/14/2011

    "We run our show until completion," writes the chief executive, who also warns that, "there are some very serious consequences for EMI if we screw this up."Read more

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  9. Van Halen to Sign With Interscope Records

    12:27 pm 11/11/2011

    A source tells THR the deal is expected to be finalized next week. The band had been with Warner Music for 35 years.Read more

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  10. Universal Music Confirms $1.9 Billion Deal for EMI Recorded Music Unit

    7:50 am 11/11/2011

    The acquirer and its corporate parent Vivendi said they would sell 500 million euros ($685 million) worth of non-core assets as UMG head Lucian Grainge says the deal is "an important step in preserving the legacy of EMI Music."Read more

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