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Home > Company Index > Media > Music Production & Publishing > Universal Music Group

Universal Music Group
 NEWS FROM THE STANDARD
Vivendi Universal Shines
Jul 23 2001 04:26 AM PDT

Pressplay Puts MP3.com to Work
Jul 19 2001 10:44 AM PDT

Digital Music Davids Aren't Worried About Goliaths
Jul 13 2001 02:37 PM PDT

Yahoo Chief About to Run the Gantlet
Jul 10 2001 05:00 AM PDT

Such a Deal!
Jul 03 2001 02:23 PM PDT

 PROFILE
Music may be universal, but Universal Music Group (UMG) is dancing to the sounds of France. Now a subsidiary of Vivendi Universal (the French utility and media firm bought former parent Seagram in 2000), UMG is one of the world's largest music companies and controls nearly 30% of the market share of US album sales. The company controls about 15 record labels, and its Universal Music Publishing Group is one of the world's largest music publishers. UMG also has gone online with GetMusic and Farmclub.com (which the company is combining), and through the purchase of Emusic.com and an agreement to buy MP3.com. Popular UMG artists include Sting, Sheryl Crow, Eminem, Elton John, and Shania Twain.

 COMPETITION
BMG Entertainment (dossier)
Sony Music Entertainment Inc. (dossier)
Warner Music Group (dossier)

 DEALS
Deal: EMusic.com to Be Acquired by Universal Music Group
Date Announced: 04.09.01
Value of transaction (US $Mil): 24.6
Description: Online music portal to be acquired by Univeral Music Group for $24.6 million or 57 cents a share.

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 FINANCIAL OVERVIEW
2000 Sales (mil.): 6,224.00
1-Yr. Sales Growth: 65.9%
Employees: 12,000
Revenue per employee: $518,666.67

 KEY PEOPLE
• Doug P. Morris
    CEO
• Nick Henny
    CFO

 CONTACT INFO
1755 Broadway
New York, NY 10019
US
Phone: 212-841-8000
Fax: 212-331-2580
Online: Web Site

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