Universal Music Group suffered a mild digital decline last quarter, though the takeaways were less-than-obvious. During the recent quarter, digital revenues slumped 1.7 percent, according to disclosures by parent company Vivendi. That is part of a broader, more serious revenue drop of 13.4 percent to 889 million euros ($1.1 billion). On constant currencies, the decline was 12.6 percent. (more…)
Posts Tagged ‘Universal Music Group’
Even Digital Dipped at UMG Last Quarter. But Why?
Thursday, May 13th, 2010Universal Music Taps Mozes on Latin Initiative…
Tuesday, April 27th, 2010Are we speaking the same language here? Now, Universal Music Group is tailoring its marketing towards US-based, Spanish-speaking mobile users, thanks to an expanded relationship with Mozes. (more…)
Universal Licenses Songs for Conduit Labs Social Music Games
Wednesday, April 7th, 2010Universal Music Group announced on Tuesday that it partnered with social music gaming firm Conduit Labs, to provide players of games like “Music Pets,” “Super Dance” and “Loudcrowd” to access Universal songs. (more…)
Virgin Media Licensing Woes Extend Beyond the Majors…
Wednesday, March 31st, 2010What is really stymieing Virgin Media’s subscription play in the UK? The unlimited MP3 offering first bubbled last June, thanks to a successful deal with Universal Music Group. But broader major label licensing has proven difficult for the ISP-based subscription concept, especially given the totally unlimited and unprotected proposition. (more…)
Q1 Market Share Figures Offer a Few Surprises…
Monday, March 29th, 2010EMI Music has been trumpeting improved market share figures in 2010, thanks largely to a successful Lady Antebellum release. That is now supported by stats from both Hits Magazine and Nielsen Soundscan, both of whom are showing the improved percentages. Hits is showing an 11.8 percent year-to-date share for EMI (up from 8.7 percent at the same point in 2009); and Nielsen 11.74 percent year-to-date (up from 8.77 percent). (more…)
Resnikoff’s Parting Shot: Saying No to Freemium…
Wednesday, February 17th, 2010Tough to say why Spotify gets so much hype. Sure, the application is amazingly elegant, and addictive for music fans. It also offers a very convincing case for cloud superiority (itself a worthwhile debate). But how is Spotify different than any number of freemium music prayers before it? And why are American executives being asked to play along? (more…)
Vevo. Arriving December 8th…
Thursday, November 19th, 2009Vevo now has a launch date. According to a tweet from executives at the joint venture, the unveiling happens December 8th, inline with earlier calls for a late-year launch. “Vevo is launching the night of Tues., Dec. 8th,” the tweet confirmed. (more…)
