Universal Music Group has announced strong results for 2020 ahead of its planned IPO later this year.
The major’s revenues amounted to €7.432 billion (£6.418bn), up 4.7% year-on-year at ...
Universal Music Group has promoted Ethiopia Habtemariam to chairman and CEO of Motown, reporting directly to UMG chairman and CEO Sir Lucian Grainge.
In connection with Habtemariam’s promotion, Motown will ...
It’s a new era for Virgin Records.
Almost 49 years after its launch by Richard Branson and co-founders including Nik Powell, Virgin is being relaunched as a global label ...
Big Hit Entertainment and Universal Music Group have announced an expanded strategic partnership.
According to a statement, the agreement will see the two companies work closely together to increase opportunities ...
Vivendi has confirmed plans for its UMG IPO.
It’s a move that’s Vivendi’s institutional shareholders have been pushing for and the public listing is now set to take place ...
Big Hit Entertainment, YG Entertainment, Universal Music Group and Kiswe have revealed they are uniting to launch a global digital live streaming platform.
Both YG and UMG have acquired ...
Universal Music Group (UMG) and TikTok have expanded their agreement over compensation for artists and songwriters in a move that opens up the major’s full catalogue to the platform.
The ...
Island US president Darcus Beese is leaving the label to return to the UK.
“Darcus informed us of his decision to return to the UK for personal reasons and to pursue new ...
Universal Music Group has appointed Dr Menna Demessie as SVP and executive director of the company’s global Task Force for Meaningful Change (TFMC).
TFMC was established in June 2020 by ...
Universal Music Group (UMG) has promoted Will Tanous to executive vice president, chief administrative officer.
UMG chairman and CEO Sir Lucian Grainge described Tanous as, “One of the most strategic, multi-talented executives ...