Advertisement
 
YOU ARE HERE: LAT HomeCollectionsUniversal Music
IN THE NEWS

Universal Music

FEATURED ARTICLES
ENTERTAINMENT
February 14, 2013 | By Dawn C. Chmielewski
Universal Music Group has entered into an agreement to sell Sanctuary Records -- home to such rock and heavy metal acts as Black Sabbath and Megadeth -- for $62 million, according to a person with knowledge of the transaction. The sale, to BMG Rights Management, a Berlin music publisher, is part of divestitures mandated by the European Commission as a condition of approving Universal's acquisition of EMI Group.  Universal has sold EMI's Parlophone, whose acts include Coldplay, Radiohead and David Guetta, to Warner Music Group for 487 million pounds (about $754 million)
ARTICLES BY DATE
BUSINESS
March 8, 2014 | By Dawn C. Chmielewski
Lucian Grainge has a vision for the future of the music business that bears scant resemblance to the traditional record company playbook. He is putting songs on smartphones in Africa, reviving moribund American record labels and making Lorde into a Grammy-winning global sensation. Above all, he wants to forge new partnerships with his industry's erstwhile adversaries - the technology firms that have upended the way people get their music. Skeptics question whether anyone can reverse the decline of an industry that has seen global sales plummet from $28 billion in 1999 to $16.5 billion in 2012.
Advertisement
BUSINESS
April 11, 2002 | Jeff Leeds
Battling an abysmal music marketplace, Universal Music Group in the last week has captured seven of the top 10 best-selling albums on the nation's pop chart. This year, the Vivendi Universal division accounts for an estimated 28% of new music sales, far outpacing its four major competitors at a time when executives say sales are suffering from a dearth of hit acts and increasing digital piracy. Last year, music sales industrywide had their first year-to-year decline in at least a decade.
ENTERTAINMENT
November 21, 2013 | By Dawn C. Chmielewski
The Recording Academy will present its prestigious Salute to Industry Icons award to Universal Music Group Chairman and Chief Executive Lucian Grainge in recognition of his contributions to the music business. A pre-Grammy gala will be held Jan. 25 at the Beverly Hilton to honor Grainge, who has advanced the work of such major acts as ABBA, Jay Z, Elton John, Eminem, Metallica, Katy Perry, Rihanna, U2 and Amy Winehouse over the span of his more than three-decade-long career. (The 56th Grammy awards themselves will take place Jan. 26.)
ENTERTAINMENT
April 28, 1990 | DON HECKMAN
Hermeto Pascoal, as iconoclastic with his thoughts as he is with his music, doesn't mince words. Take the lambada. The rotund, white-bearded, albino Brazilian multi-instrumentalist, who shares the bill with Egberto Gismonti at the Wadsworth Theatre tonight, has powerful feelings about the latest musical import from South of the border. "The lambada? Ha! Let me tell you something about that. To me, the lambada is worse than a disease.
BUSINESS
October 10, 2003 | Jeff Leeds
The global music arm of Vivendi Universal paid more than $61 million into a court account to clear the way for an appeal in its legal dispute with independent TVT Records. Universal Music Group was ordered to pay damages after jurors found its Island Def Jam label liable for fraud and other charges for blocking TVT's release of an album featuring rap star Ja Rule.
BUSINESS
January 19, 2000 | CHUCK PHILIPS
Seagram Co.'s Universal Music Group has restructured its e-commerce and advanced technologies division, after the disappointing performance of a system for delivering music to be downloaded over the Internet, and in which the company had invested millions of dollars. Universal has recruited Bruce Hack, who streamlined Seagram's movie and music sectors, to help shape up its e-commerce group.
BUSINESS
July 8, 1997 | Chuck Philips
Seagram Co.'s Universal Music Group has acquired AVI Entertainment Group's music catalog, which includes songs by gospel star Clara Ward, blues singer Slim Harpo, Liberace and others. The transaction, whose terms were not disclosed, is the latest in a string of music acquisitions for Seagram since the Canadian conglomerate bought MCA/Universal nearly three years ago.
BUSINESS
December 4, 2004 | From Bloomberg News
Universal Music named David Renzer as chairman and chief executive of its publishing music branch. Renzer, who joined the company in March 1996, also will retain his current role as president of the division, a unit of Paris-based Vivendi Universal, the company said.
BUSINESS
December 13, 2000 | Chuck Philips
Industry veteran Doug Morris has signed a five-year contract to continue running Vivendi-owned Universal Music Group, the world's largest record conglomerate with such stars as Eminem and Shania Twain. Morris was hired in 1995 by Seagram and has seen its Universal music arm through a series of mergers with Dutch giant PolyGram and French utility behemoth Vivendi. Morris, a songwriter whose credits include the Chiffons' hit "Sweet Talkin' Guy," joined Universal after being forced out as U.S.
NEWS
September 25, 2013 | By Jon Healey, This post has been updated, as noted below.
The line between a fair use of copyrighted works and an infringement is blurry, and sometimes it takes a judge to decide where a particular use falls. The dispute between Universal Music Publishing and Lauren LoPrete shows how copyright owners can use that lack of clarity to stifle creativity and defeat the purpose of copyright protection. LoPrete started a Tumblr page called This Charming Charlie in early August, posting cleverly altered panels from old Peanuts comic strips. Instead of author Charles Schulz's words, the dialogue bubbles contained snippets from songs by the English pop band The Smiths.
ENTERTAINMENT
July 23, 2013 | By Dawn C. Chmielewski
Music entrepreneurs Russell Simmons and Steve Rifkind, together with friend and veteran film and TV producer Brian Robbins, have partnered with Universal Music Group to launch All Def Music, a label created expressly to sign, develop and promote YouTube artists. All Def Music label will seek to identify and cultivate music talent bubbling up on YouTube, in much the same way Rifkind and Simmons once hit the streets in pursuit of promising hip-hop acts for their respective labels, Loud Records and Def Jam. "How [Russell]
ENTERTAINMENT
May 7, 2013 | By Randy Lewis
A pair of R&B musicians have filed a $10-million copyright infringement lawsuit against Justin Bieber and Usher, claiming that Bieber's 2010 hit “Somebody to Love” was based on a song they wrote but were not credited for. Singer Devin Copeland, who performs under the name De Rico, and songwriter Mareio Overton filed the suit last week in U.S. District Court in Virginia, alleging that they pitched  their song to Usher in 2009, heard nothing back,...
ENTERTAINMENT
April 8, 2013 | By Gerrick D. Kennedy
Roc Nation, the entertainment company founded by Jay-Z, and Universal Music Group have entered a multiyear, worldwide partnership, the companies announced Monday. The venture will allow the Roc Nation music label to operate as a standalone within the UMG family -- the largest music company -- effective immediately. As part of the agreement, forthcoming albums from Jay-Z, Rihanna and others will be released through UMG worldwide, according to the announcement. “This agreement presents a unique opportunity for Roc Nation's artists -- being able to continue to operate as an independent label with the strength, power and reach of the best major,” Jay-Z, who founded the entertainment company in 2008, said in a statement.
ENTERTAINMENT
February 14, 2013 | By Dawn C. Chmielewski
Universal Music Group has entered into an agreement to sell Sanctuary Records -- home to such rock and heavy metal acts as Black Sabbath and Megadeth -- for $62 million, according to a person with knowledge of the transaction. The sale, to BMG Rights Management, a Berlin music publisher, is part of divestitures mandated by the European Commission as a condition of approving Universal's acquisition of EMI Group.  Universal has sold EMI's Parlophone, whose acts include Coldplay, Radiohead and David Guetta, to Warner Music Group for 487 million pounds (about $754 million)
BUSINESS
September 22, 2012 | By Randy Lewis and Alex Pham, Los Angeles Times
Regulators in the U.S. and Europe on Friday approved Universal Music Group's $1.9-billion acquisition of EMI Group Ltd.'s music division, giving the Los Angeles-based music company control of the Beatles music catalog and the iconic Abbey Road studios in London, but forcing it to divest interest in the music of Coldplay. The merger will create an even larger global music conglomerate and put the vast majority of commercially released music into the hands of three international giants: the Universal, Sony and Warner music groups.
BUSINESS
September 26, 2001 | Jon Healey
Vivendi Universal disclosed plans Tuesday to combat piracy with CDs that resist digital copying. Universal Music Group will modify an undisclosed number of new releases in the fourth quarter to prevent "ripping," or using a computer to record compressed digital versions of the songs on a compact disc. Several labels have been experimenting with various types of anti-copying software, and Universal officials declined to say which technology they planned to use.
BUSINESS
August 3, 2005 | From Reuters
Universal Music grabbed more of the U.S. market to widen its lead as the world's biggest record company in 2004 despite facing a rival of similar size for the first time, data released Tuesday show. Annual statistics from the trade group for the world's record companies also reveal that music consumers have aged as the industry chases more older listeners after losing younger fans to file sharing and illegal downloading.
ENTERTAINMENT
September 14, 2012 | By Randy Lewis, This post has been updated. See note below for details.
The end may be near, on YouTube anyway, for “Romney Girl,” a politically pointed video satire jabbing Massachusetts Gov. and Republican presidential candidate Mitt Romney, now that creators have stated that Universal Music Group has ordered the video to pulled by 5 p.m. Friday on charges of copyright infringement. “Romney Girl” adapts the music from the 1997 dance-pop hit by Aqua into a satirical celebration of Romney's wealth and his reluctance to release more financial information, a tack that the video's creators argue represents “fair use” of the source material.
OPINION
August 7, 2012
Universal Music Group is the largest of the four major record companies, and its proposed purchase of EMI Music would make it even larger. With piracy rampant and a handful of big retailers responsible for much of the remaining sales, Universal argues that there's no harm in letting it swallow up EMI, by far the smallest of the major labels in the United States. But the online music stores and services such as Spotify that are helping the industry regain its footing could be harmed if the merger lets the newly combined companies command disproportionate licensing fees.
Los Angeles Times Articles
|