Universal MusicVevo to Debut Music Video Portal on Dec. 8Authored by Mark Hefflinger on November 18, 2009 - 1:23pm.
New York
- Vevo, the music video joint venture between Sony Music and Universal Music
that will use technology from Google's (NASD: GOOG) YouTube, is set to launch on Dec. 8, the
company announced via its Twitter feed. The labels hope the standalone site will
help them further monetize their music videos -- which are the most-watched
content on all of YouTube.
Universal Music Licenses Ad-Supported Download Site GuveraAuthored by Mark Hefflinger on November 18, 2009 - 1:21pm.
New York - Universal Music Group
on Wednesday announced a deal to provide free, legal downloads to Guvera, an
Australia-based, ad-supported download site that plans to launch in the U.S. in
February. Launched in 2008, Guvera asks users to fill out demographic profiles
and brand preferences, and in turn receive free downloads accompanied by
targeted advertisements.
Universal Music Taps TuneCore for Branded A&R PortalsAuthored by Mark Hefflinger on November 11, 2009 - 2:33pm.
New York
- Major record label Universal Music Group on Wednesday announced a deal with
TuneCore, a provider of flat-fee digital music distribution for artists to
services like iTunes and eMusic, to create Universal-branded portals where
unsigned artists can have their music heard by A&R executives from
Universal labels. Three such branded sites have been created, for Interscope
Geffen A&M, Island Def Jam and Universal Motown. In addition to
distribution to iTunes via TuneCore, artists submitting through the
Universal-branded sites will receive "potential access to such coveted
major label services as worldwide distribution and marketing."
Nokia Inks Promotional Deal With Universal Music, RihannaAuthored by Mark Hefflinger on November 5, 2009 - 1:26pm.
Los Angeles
- Nokia (NYSE: NOK) on Thursday announced a promotional partnership with Island Def Jam
Music Group and Universal Music Group International, which will exclusively
premiere tracks from Rihanna's forthcoming album with Nokia. The deal includes
an exclusive, live streamed concert on Nokia websites. Additionally, Comes With
Music customers will receive a version of the album with a bonus track and
other additional content, while the Ovi Store will offer a Rihanna application
with exclusive content.
Report: Doug Morris to Step Down as Universal Music CEOAuthored by Mark Hefflinger on November 3, 2009 - 8:02am.
New York
- Universal Music Group chairman and chief executive Doug Morris intends to
step down from his CEO role next summer, BusinessWeek reports. The company is
reportedly grooming international CEO Lucian Grainge to replace Morris, 71, who
is expected to remain chairman of the world's largest record label.
AT&T to Sponsor Vevo Music Video Portal VentureAuthored by Mark Hefflinger on October 27, 2009 - 10:33am.
New York
- Vevo, the online music video portal joint venture between Universal Music
Group, Sony (NYSE: SNE) Music and Abu Dhabi Media Company, has signed AT&T (NYSE: T) as the first
sponsor of the site.
tags: Video | Marketing | Advertising | Music | Universal Music | Music Videos | AT&T | Google | YouTube | Sony Music | Abu Dhabi Media Company |
Online Music Industry to Develop EU-Wide Licensing SchemeAuthored by Mark Hefflinger on October 21, 2009 - 9:22am.
Brussels
- The EU's Competition Commissioner, Neelie Kroes, on Wednesday announced a
partnership between European royalty collection societies, major labels and
online music retailers including Apple (NASD: AAPL) and Amazon (NASD: AMZN), to develop an EU-wide
licensing scheme for music. Currently, rights for music and other copyrighted
works must be negotiated separately for each individual country, with that particular
country's collection society.
Abu Dhabi Invests in Music Video Portal Joint Venture VevoAuthored by Mark Hefflinger on October 19, 2009 - 8:19am.
New York
- Vevo, the music video portal joint venture between Sony (NYSE: SNE) Music and Universal
Music Group, has received an investment from Abu Dhabi Media Company, All
Things D reports. While terms of the deal were not disclosed, the report cites
a source who says the joint venture was valued at $300 million for the deal.
tags: Deals | Video | Music | Universal Music | Music Videos | YouTube | Investments | Sony Music | Abu Dhabi Media Company | Vevo |
MOG to Debut $5 Streaming Music Service Next MonthAuthored by Mark Hefflinger on October 14, 2009 - 11:36am.
Berkeley, Calif.
- MOG, a network of user-created music blogs, announced on Wednesday that it has
signed licensing deals with all four major record labels, and plans to launch
its own digital music service in North America
by the end of November.
tags: Blogs | Music | Universal Music | Warner Music | EMI | Publishing | IODA | MOG | David Hyman | Sony Music | User-Generated |
Court Tosses Universal Music's Copyright Suit Against VeohAuthored by Mark Hefflinger on September 14, 2009 - 10:42am.
Los Angeles
- A federal court has dismissed a copyright infringement lawsuit brought by
Universal Music Group against video-sharing site Veoh, finding that the company
had satisfied all requirements under the Digital Millennium Copyright Act
(DMCA). The judge
noted that "the record presented demonstrates that, far from encouraging
copyright infringement, Veoh has a strong DMCA policy, takes active steps to
limit incidents of infringement on its website and works diligently to keep
unauthorized works off its website."
tags: Video | Law | Lawsuits | Music | Universal Music | Veoh | DMCA | Copyright | User-Generated | Safe Harbor |
Sony Music, EMI Not Convinced on Unlimited Download ModelAuthored by Mark Hefflinger on September 10, 2009 - 11:27am.
London
- Major record labels EMI and Sony (NYSE: SNE) Music have expressed doubt about the
unlimited song download service model, arguing that it may in effect
cannibalize existing sales, instead of woo non-paying file-swappers to a legal
service, New Media Age reported.
Irish ISP Eircom, Major Labels Developing Music ServiceAuthored by Mark Hefflinger on September 4, 2009 - 7:43am.
Dublin, Ireland - Irish ISP Eircom, which
agreed to block access to file-sharing hub The Pirate Bay, as well as suspend
the accounts of repeat file-swappers, has also "signed a memorandum of
understanding with the four major labels to develop an innovative new music
service for all Irish consumers," the company said in a statement. Eircom
did not provide any further details, but said that the service is expected to
launch in the next few months.
Report: Vevo in Talks with CBS, NBC to Add Music ProgrammingAuthored by Mark Hefflinger on September 2, 2009 - 8:34am.
New York
- Vevo, the music video site joint venture between Universal Music Group and
Sony (NYSE: SNE) Music that will be based on technology from Google's (NASD: GOOG) YouTube, is in talks
with CBS (NYSE: CBS) and NBC (NYSE: GE) to license and develop music-related programming for the site,
Reuters reported.
tags: Video | Music | Universal Music | Music Videos | Google | YouTube | Warner Music | EMI | Sony Music | Vevo | NBC< CBS |
Report: Vevo Music Video JV Raising Funds at $300M ValuationAuthored by Mark Hefflinger on August 31, 2009 - 9:31am.
Los Angeles
- Vevo, the music video website joint venture between Google's (NASD: GOOG) YouTube, and
major record labels Universal Music and Sony (NYSE: SNE) Music, is currently in the process
of raising new funding at a $300 million valuation, PaidContent reported.
tags: Deals | VC | Video | Music | Universal Music | Music Videos | Google | YouTube | Investments | Sony Music | Vevo |
Universal Music Taps Echospin to Power Web Sales, PromotionsAuthored by Mark Hefflinger on August 25, 2009 - 12:28pm.
Los Angeles
- Universal Music Group announced on Tuesday that its distribution and
marketing unit has partnered with Echospin, which will now power direct-to-fan
sales and promotions. Universal said the deal will mark the first time a major
label and its artists, across all genres, will sell digital, physical and
mobile goods all in one location.
Majors to Launch Bandit.fm Aussie Unlimited Streaming ServiceAuthored by Mark Hefflinger on August 18, 2009 - 11:46am.
Sydney - The four major
record labels are set to launch an unlimited streaming music service in Australia in
October, the Sydney Morning Herald reports. Sony Music (NYSE: SNE) will reportedly operate
Bandit.fm, which will offer unlimited streaming for about $10 AUS per month
($8.26 USD). It's unclear how large of a catalog the service will offer from
Sony Music, Universal Music, EMI and Warner Music (NYSE: WMG), but it will likely
eventually offer the ability to stream music through televisions.
Universal Music Taps BigChampagne for Online MetricsAuthored by Mark Hefflinger on August 18, 2009 - 11:41am.
New York
- Universal Music Group on Tuesday announced a long-term partnership with
BigChampagne, a provider of information and analytic tools about online media
consumption. Under the deal, UMG will receive analysis of songs and listening
patterns from millions of users of social networks and online music services,
including file-sharing networks. Other BigChampagne clients including
Viacom/MTV and Clear Channel's Premiere Radio Networks.
INgrooves to Handle Mobile for Universal Music North AmericaAuthored by Mark Hefflinger on August 12, 2009 - 7:54pm.
New York - Universal Music
Group Distribution has expanded its relationship with digital distributor and
marketing services provider INgrooves, which will now handle mobile product distribution
for all of Universal's major and distributed labels in North
America. Under the deal, INgrooves will handle ringtones,
ringbacks, games, video, streaming, wallpapers and other various mobile content
for the entire label group.
Report: Major Labels to Introduce 'CMX' Digital Album FormatAuthored by Mark Hefflinger on August 11, 2009 - 10:35am.
London
- The four major record labels have been developing a new digital music album format,
"CMX," that will combines songs, lyrics, artwork and videos into a
single file, the Times Online reported. Sony (NYSE: SNE) Music, Warner Music (NYSE: WMG), EMI and
Universal Music are said to have approached Apple 18 months ago about joining
the project, but were rebuffed by the iTunes Store operator -- which is itself now
working on a new digital album format called "Cocktail."
tags: Video | Music | Apple | Universal Music | Warner Music | Retail | EMI | Sony Music | Cocktail |
Report: Record Labels Paid $12.4 Million for 18% Spotify StakeAuthored by Mark Hefflinger on August 10, 2009 - 10:49am.
Palo Alto, Calif.
- Spotify, the European ad-supported streaming music service preparing for a
U.S. launch, has sold a 17.3% stake in the company for about $12.4 million to
the four major record labels and independent label aggregator Merlin,
TechCrunch reported.
tags: Deals | Advertising | Music | Universal Music | Sony BMG | Warner Music | EMI | Investments | Merlin | Spotify |
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