Universal Music Group

Latest News

1. 

   U.K. Music Retailer HMV Sees Stock Drop Amid Weak Sales, Debt Concerns

   1:57 am 12/13/2012

   • by Georg Szalai

   The company, which sells DVDs and CDs, says it will likely breach its debt covenants at the end of January. Read more

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2. 

   Simon Fuller, Jason Flom Among Music Execs Planning to Bid on EMI's Remnant Assets: Sources

   12:30 pm 11/16/2012

   • by Georg Szalai

   Vivendi's Universal Music Group is expected to collect first bids late this year and wrap up the auction in early 2013.Read more

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3. 

   Vivendi Third-Quarter Financials Decline

   8:34 am 11/13/2012

   • by Georg Szalai

   The French conglomerate, which owns Universal Music, a majority stake in Activision Blizzard, Canal+ and telecom assets, has been reviewing asset sales.Read more

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4. 

   UMG Reaches Settlement in Trendsetting Suit Over Digital Revenue from Eminem Songs

   12:15 pm 10/30/2012

   • by Eriq Gardner

   A 2010 ruling in this case led dozens of big-name musicians to sue such corporations as Universal Music Group to collect more money from iTunes sales, ringtones and the like.Read more

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5. 

   Universal Music Announces New Structure, Appointments for Nashville Label Group

   7:30 am 10/30/2012

   • by Ed Christman, Billboard

   As part of the integration of EMI and Capitol Nashville into Universal Music Group Nashville about 15 staffers were let go, sources say.Read more

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6. 

   In Wake of Universal-EMI Merger, Layoffs Begin

   8:00 am 10/27/2012

   • by Ed Christman, Billboard

   Universal Music Group is consolidating its music distribution companies and Nashville-based country music labels letting go of some 60 staffers.Read more

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7. 

   'Idol' Creator Simon Fuller to Bid on EMI Assets

   1:48 pm 10/8/2012

   • by Shirley Halperin

   The Spice Girls svengali is lining up a bid in partnership with Island Records founder Chris Blackwell, and it looks like they'll have plenty of competition. Read more

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8. 

   Universal Music Chairman Lucian Grainge on EMI Merger: Plan is to 'Invest' and 'Reinvigorate'

   2:59 pm 10/1/2012

   • by THR Staff

   Read the executive's memo to staff in its entirety. Read more

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9. 

   Universal Music Completes $1.9 Billion EMI Recorded Music Acquisition

   4:46 am 9/28/2012

   • by Georg Szalai

   "This is a next step towards ensuring the health of our industry,” says UMG chairman and CEO Lucian Grainge.Read more

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10. 

    Ryan Bingham: After His 'Crazy' Oscar Win, the Singer-Songwriter Finds New Ground

    6:00 pm 9/25/2012

    • by Sarah Lindstedt

    Co-writing "The Weary Kind" from the 2009 movie "Crazy Heart" opened doors, but three years later, the L.A.-based musician wants to build his own. Step one: the independently released album "Tomorrowland." Read more

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