UMG Names Richelle Parham Pres., Global E-Commerce Universal Music Group (UMG) has appointed Richelle Parham as President of Global E-Commerce and Business Development, effective June 2. In this newly created role, Parham will oversee UMG's global e-commerce s... Read More...
UMG to Acquire Rest of Ingrooves Universal Music Group (UMG) has forged an agreement to acquire independent music distribution and marketing company Ingrooves Music Group. UMG has been a minority investor in Ingrooves since 2006, and under the... Read More...
UMG’s Prince Deal Nullified Judge Kevin Eide approved Universal Music Group and Comerica Bank's motion to nullify the $31 million recorded-music deal the label had forged earlier this year with the estate of Prince Rogers Nelson. As Varie... Read More...
Purple Problems: Is UMG’s Prince Music Deal in Trouble? When Universal Music Group announced in February that it had completed a recorded-music deal with the estate of Prince Rogers Nelson, one particular deal point stuck out to alert industry observers -- not only ... Read More...
Spotify closes UMG deal; will allow album exclusives on Premium After two years of negotiations, Spotify has broken through with a major label deal. The two companies had been operating on a month-to-month basis while working out a longer-term arrangement. They have been in... Read More...
Barry Weiss’ New Songs When Barry Weiss did his abrupt exit stage left from UMG a little less than a year ago, there was rumbling that the son of Hy had a “situation” in development and now we know what that “situation” is. It was re... Read More...
