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Universal Music

136 posts
Universal will spend billions to dominate emerging markets, says Grainge during Q4 earnings call as major sets out its “eat the world” strategies public
Universal Music • 6 min read

Universal will spend billions to dominate emerging markets, says Grainge during Q4 earnings call as major sets out its “eat the world” strategies

On yesterday’s Universal Music earnings call CEO Lucian Grainge revealed plans to spend billions on global acquisitions, targeting emerging markets where “massive piracy” previously prevented investment, in an extension to UMG’s recent, continuing and aggressive acquisition and investment strategy…
Sam Taylor •
Universal “juggernaut” is crushing everything in its path says IMPALA as it asks regulators to see through “indie washing” of Downtown deal public
IMPALA • 3 min read

Universal “juggernaut” is crushing everything in its path says IMPALA as it asks regulators to see through “indie washing” of Downtown deal

IMPALA has again criticised Universal’s acquisition of Downtown, as well as confirming it is now in touch with multiple competition regulators in its bid to get the deal blocked. Those regulators, it adds, need to understand the impact the acquisition will have on access to market for indie labels…
Chris Cooke
Chris Cooke •
Universal uses Vevo and unfair international deductions to the “detriment of artists” alleges lawsuit filed by The Cranberries public
The Cranberries • 3 min read

Universal uses Vevo and unfair international deductions to the “detriment of artists” alleges lawsuit filed by The Cranberries

The Cranberries have sued Island Records for allegedly under-paying digital royalties by allowing foreign subsidiaries to take 40% of streaming revenue as it flows through their bank accounts and using Vevo to reduce payments on YouTube streams. The band are suing for more than $5 million in damages…
Chris Cooke
Chris Cooke •
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