Music streaming is making Universal Music more than physical music sales

Universal Music Group’s 2016 performance shows incredible growth with it’s best fiscal performance ever despite dropping physical and download sales – thanks to streaming. Vivendi, who took 100% ownership of Universal Music Group in 2006,…

Streaming “needs our help” says newly knighted UMG CEO Sir Lucian Grainge

A week following his knighting by Prince William, UMG’s top dog Sir Lucian Grainge pledges his support to music streaming. In the latest edition of Music Week Sir Lucian Grainge, the chairman and CEO of Universal…

UMG already made a record $1 billion from music streaming this year

Once again music streaming has proved that it’s reinvigorating the music industry with Universal Music Group (UMG) having made more than $1 billion in the first nine months of 2016. Universal Music Group, 1 of…

Virtual Reality concerts are coming, with Universal and Avenged Sevenfold’s new VR platform

Virtual reality headsets are quickly going beyond gaming to create art experiences, development tools, 3D short films, and now VR live music concerts. Universal Music Group have revealed that they’re working with metal group Avenged…

Universal Music Purchase of EMI Should be Approved This Week by European Commission

There are lots of reports this morning that the Universal purchase of EMI will be approved this week by the European Commission. The combined company is being forced to divest itself of Parlaphone. Additionally, there…