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February 06, 2016 4:28 PM ET

Media

Company Overview of Universal Music Group, Inc.

Company Overview

Universal Music Group, Inc. provides recorded music, music publishing, and merchandising services in North America, Europe, Latin America, Asia Pacific, and worldwide. It discovers and develops songwriters, and owns and administers copyrights to musical compositions for use in recordings, public performances, and related uses, such as films and advertisements; and sells artist and music branded products through multiple sales points including online, fashion retail, and live performances worldwide. The company was formerly known as MCA Music Entertainment Group, Inc. and changed its name to Universal Music Group, Inc. in 1996. Universal Music Group, Inc. was incorporated in 1998 and is headq...

2220 Colorado Avenue

Santa Monica, CA 90404

United States

Founded in 1998

Phone:

310-865-5000

Fax:

310-865-7096

Key Executives for Universal Music Group, Inc.

Chairman, Chairman of Management Board and Chief Executive Officer
Age: 55
President and Chief Operating Officer
Chief Financial Officer, Executive Vice President and Member of Executive Management Board
Member of Executive Management Board, Chief Executive Officer of Universal Music France and President of Italy, Middle East & Africa
Member of Executive Management Board, Chairman of Universal Music UK & Ireland, and Chief Executive Officer of Universal Music UK & Ireland
Compensation as of Fiscal Year 2015.

Universal Music Group, Inc. Key Developments

Universal Music Group Agrees to License its Music to SoundCloud

Vivendi's Universal Music Group agrees to license its music to German streaming service SoundCloud; deal highlights service's importance as marketing device, despite record labels' frustration with paltry revenue such deals generate (M).

Universal Music Group Announces Executive Changes

Universal Music Group named renowned producers David Blackman and Scott Landis to lead its development and production of film, television and theatrical projects. Their appointments are effective immediately, and both report jointly to UMG Executive Vice President Michele Anthony and Universal Music Publishing Group Chairman and CEO Jody Gerson, reflecting the unique and important role that publishing and recorded music play in creating film, television and theatrical properties. Blackman, who was involved with films such as Last Vegas, The Devil Wears Prada and a variety of music-driven projects while running the company of Dreamgirls producer Laurence Mark, has been named to the newly created role of Head of Film and Television Development and Production. He will oversee the development and production of film, television and other video projects globally across Universal Music, working closely with its labels, as well as coordinate projects with other Vivendi companies including Studio Canal. Landis, a Tony- and Drama Desk Award-winning theater producer behind such productions as the critically acclaimed first-ever London revival of Funny Girl, and the Broadway productions of Twelfth Night/Richard III, starring Mark Rylance, Nice Work If You Can Get It, starring Matthew Broderick and Venus In Fur, among others, will serve as a special advisor on theatrical development and production. In that role, he will assist the company in forging stronger ties with the theater community, building partnerships and helping develop and produce projects based on Universal Music's roster of artists and music library.

Universal Music Group Appoints Ashley Newton as Executive Vice President of Creative/Special Projects

Capitol Music Group announced that Ashley Newton has been named President of CMG and Executive Vice President of Creative/Special Projects for Universal Music Group. The announcement was made by CMG Chairman and CEO Steve Barnett and UMG Chairman and CEO Lucian Grainge, to whom Newton reports in his respective positions. In his UMG role, Newton will work with Grainge and his executive team on a variety of creative endeavors, including music, film and television projects. Newton will be based in Hollywood at CMG's iconic Capitol Tower. Prior to joining CMG and UMG, Newton was the President of Columbia Records, a position he held since January, 2010.

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