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Universal Music Group

Latest News

  1. Universal Signs New Agreement With Republic's Monte and Avery Lipman

    3:45 pm 2/5/2013

    In recent months, the label has scored hits by Gotye, PSY (via Schoolboy Records), Of Monsters and Men, The Weeknd and Florence and the Machine. Read more

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  2. Restructuring Firm Takes Effective Control of U.K. Entertainment Retailer HMV

    3:03 am 1/23/2013

    Hilco a couple of years ago also acquired HMV Canada and has cut down its locations and reshaped its store offerings.Read more

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  3. YouTube to Acquire 10 Percent Stake in Vevo (Report)

    5:40 am 1/17/2013

    The Google online video site is expected to invest about $50 million and renew a distribution agreement with the Internet music venture of Universal Music and Sony.Read more

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  4. U.K. Music Retailer HMV Seeks Insolvency Protection, Sale

    12:15 am 1/15/2013

    UPDATED: Administrators will help the seller of CDs, DVDs and video games, which has seen weak sales trends, look for a buyer.Read more

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  5. Independent Music Companies Cry Foul Amid Planned Sony-BMG Bid for Parlophone Label

    4:03 am 1/11/2013

    They argue the industry giants shouldn't be allowed to acquire the former EMI label that releases music from the likes of Coldplay.Read more

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  6. Universal Music Promotes Max Hole to Chairman, CEO of UMG International

    2:22 am 1/7/2013

    The music major says it wants to strengthen its global management team after the acquisition of the EMI recorded music business.Read more

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  7. Sony, BMG Reteam for Parlophone Label Bid (Report)

    1:46 am 1/7/2013

    Four years after disbanding their music joint venture, the two media giants are eyeing EMI assets, including the Coldplay label.Read more

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  8. 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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  9. 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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  10. 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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