Strong UMG stock debut marks new chapter for the music business, says MIDiA’s Mark Mulligan

Universal Music Group soared 35.68% on the day of its IPO this week adding $13 billion to its $39 billion valuation just the day before. Even rivals Sony and WMG. Continue reading

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WMG, Sony stock get ‘UMG bump’ as Universal soars 36% on IPO

[UPDATED] Universal Music Group soared 35.68% on Tuesday as the new stock debuted on the Euronext Amsterdam exchange. By day’s end, UMG’s valuation had grown to more than $52 billion,. Continue reading

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Universal Music stock jumps 40% as investors flock to IPO

UPDATED: Universal Music Group stock shot up almost 40% in the first hours of trading Tuesday, following its IPO. By mid-day on the Amsterdam exchange where UMG was trading, the. Continue reading

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UMG has copyrighted the moon (or was it Facebook?)

Citizens of the earth have historically enjoyed unfettered access to the moon, albeit from afar, but a new copyright claim by Universal Music Group of a video (notably devoid of. Continue reading

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Kanye West says Universal Def Jam released ‘Donda’ without his permission

Kanye West’s long-hyped album ‘Donda” was finally released Sunday morning, and just hours later the artist claimed that his label did so without his permission. In an Instagram post on. Continue reading

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Music streaming spurs UMG revenue growth in Q2

Universal Music group recently reported that it saw a substantial increase in revenue during its second quarter, thanks in large part to an uptick in music streaming. Guest post from. Continue reading

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UMG accelerates IPO as revenue grows 9.4%

French media conglomerate Vivendi’s Universal Music Group has reported revenue of $2.2 billion for the quarter of 2021, up 9.4% from the same period the previous year. Vivendi also shared. Continue reading

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The Good News? The Bad News Is Wrong: Universal Invests In The Future With UMUSIC Hotels Venture

As part of a new project with Dakia U-Ventures, Universal Music Group and the hotel brand are planning to open multiple large music-focused hotels, under the name UMUSIC, which could. Continue reading

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UMG Scores 9 Albums In Billboard Top 10 For 4th Time

Universal Music Group (UMG) has hit a new record todaym placing nine of the Top 10 albums in the Billboard 200 It’s only the fourth time that’s occurred in the. Continue reading

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Universal Music Group Seeds $25M ‘Change Fund’

Universal Music Group’s Task Force for Meaningful Change (TFMC) has announced a $25 million UMG financed ‘Change Fund’ to support the Black community and the ongoing fight for equality and. Continue reading

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