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Universal Music Group

American music corporation

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Universal Music Group: American music corporation
Universal Music Group is an American global music corporation that is a subsidiary of the French media conglomerate Vivendi. UMG's global corporate headquarters are located in Santa Monica, California. It is considered one of the "Big Three" music companies, along with Sony Music and Warner Music Group. Since 2004, the corporation is no longer related to the film studio Universal Studios. In 2019, Fast Company named Universal Music Group the most innovative music company and listed UMG among the Top 50 most innovative companies in the world and "amid the music industry's digital transformation, Universal is redefining what a modern label should look like." UMG has signed licensing agreements with more than 400 platforms worldwide.

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China's Tencent talking to Vivendi about stake in Lady Gaga's label

China's Tencent Holdings Ltd is in talks to buy up to 20% of Universal Music Group (UMG) from Vivendi SA , valuing the music label of Lady Gaga, Ariana Grande and the Beatles at around 30 billion euros..
Reuters - Published

Vivendi talks Universal with Tencent to tap music revival

Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent, valuing its prized asset at around 30 billion euros ($34 billion), as both firms look outside their core regions to..
Reuters - Published

Videos for Universal Music Group

'Come together!': Beatles' Abbey Road turns 50 [Video]'Come together!': Beatles' Abbey Road turns 50

Thursday marks five decades since a photographer took that image of the Beatles crossing London's Abbey Road. It's now one of the most iconic images in music history as well as one of the most..

Credit: Reuters Studio     Duration: 01:26Published

Remastered Beatles Abbey Road album to be released [Video]Remastered Beatles Abbey Road album to be released

Universal Music Group (UMG) announced on Thursday (August 8) that it will be releasing a 50th anniversary edition of the Beatles' "Abbey Road". It is the first time the iconic album has been remixed.

Credit: Reuters Studio     Duration: 00:29Published

 

Vivendi turns to Tencent to gain Universal foothold in China

Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent , valuing its prized asset at around 30 billion euros ($34 billion), in an attempt to break into China's growing but..
Reuters - Published

Tencent set to buy 10% stake in Universal Music

UMG's parent company Vivendi is in talks with the Chinese tech group over the deal.
BBC News - Published

Vivendi in talks to sell 10% of Universal Music Group to Tencent

Vivendi is in talks to sell a 10% stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech company Tencent as it seeks to expand its presence in Asia.
Reuters - Published

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