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Universal Music Group

Latest News

  1. Top 12 Music Stories of 2012

    1:22 pm 12/28/2012

    From tragic deaths (Whitney Houston) to glorious births (baby Blue Ivy), global phenoms ("Gangnam Style") and local curiosities (Snoop Dogg's "Lion" persona), THR runs down the music headlines that had people talking. Read more

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  2. Universal Music-Led Suppliers Liable for Up to $242 Million If HMV Goes Under (Report)

    1:54 am 12/27/2012

    UPDATED: Labels and studios have provided an estimated $65 million in financial support to the entertainment retailer, which faces a liquidity crunch.Read more

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

    1:57 am 12/13/2012

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

    12:30 pm 11/16/2012

    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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  5. Vivendi Third-Quarter Financials Decline

    8:34 am 11/13/2012

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

    12:15 pm 10/30/2012

    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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  7. Universal Music Announces New Structure, Appointments for Nashville Label Group

    7:30 am 10/30/2012

    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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  8. In Wake of Universal-EMI Merger, Layoffs Begin

    8:00 am 10/27/2012

    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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  9. 'Idol' Creator Simon Fuller to Bid on EMI Assets

    1:48 pm 10/8/2012

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

    2:59 pm 10/1/2012

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

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