BNET Industries
Last Fiscal Year Sales:$6.8B
- Private
- US
Dow Jones Description
Recorded Music Production
Peer Companies
NAICS Code Offices of Other Holding Companies: 551112
Recent Events
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TuneCore’s Universal Alliance
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Report: GE, Vivendi at least $1B off on value of NBC stake
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30-SECOND SPOT / DISPATCHES FROM THE WORLD OF MEDIA AND ADVERTISING
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Universal Music Group UMG Partners With Guvera Limited for 2010 Launch of Guvera.com Guvera Offers...
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Twisted Metallica Comedy Film Cameos- The Who Super Bowl- Glee Geeks To Sing Van Halen/John...
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Google, labels partner on music search: sources
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MOG Announces Premium Digital Music Service Coming Soon THE WORLD'S LEADING DESTINATION FOR MUSIC INFORMATION...
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'GnR' accused of plagiarism
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Allman Brothers Battling Universal in Royalty Lawsuit
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Vevo Now In Talks With TV Networks
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Warner Music Still Negotiating With YouTube
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MOD Systems Brings Digital Album and Single Track Music Sales to Retail Stores
News & Analysis
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marketing and universal music group - All News and Analysis
Guvera Gets UMG To Buy In To Its Dream Of Ad-Supported Music Downloads
PaidContent
- 2009-11-18
Next year is shaping up to be an interesting one in terms of digital music. We’ll be able to see how much traction music video site Vevo ultimately gains, whether Google’s music search becomes ubiquitous, and possibly see Spotify launch here in the U.S. There will also be two...
Industry Moves: Nokia's Kohl To Head Up Ad Sales At Vevo
PaidContent
- 2009-09-23
Former Nokia interactive ad sales vet David Kohl has joined Vevo, the music video site that labels like UMG and Sony are hoping will be “the next Hulu.” As EVP of of customer sales and operations, Kohl will lead Vevo’s efforts to secure big brand sponsorships, reporting to CEO...
Vevo seeks funding at USD300m valuation
Strategy Eye
- 2009-08-31
Music video service Vevo is seeking funding at a USD300m valuation to support its launch later this year. Sony, Universal and YouTube are behind the project and seek to capitalise on the popularity of music videos, with YouTube providing the infrastructure and network for the joint venture. Vevo will show music videos from Universal...
Top Microsoft Zune Marketing Executive Leaves For Universal Music
PaidContent
- 2009-08-26
Chris Stephenson, who has overseen global marketing for Microsoft’s Zune music player since its debut in 2006, is leaving Microsoft (NSDQ: MSFT) to join Universal Music, the WSJ reports. Stephenson confirms he is leaving to the WSJ. At Universal, he will lead marketing for Interscope Geffen A & M...
Muzu signs licensing deal with indie labels
Strategy Eye
- 2009-07-19
Music video site Muzu TV has signed a global licensing deal with Merlin, an international rights group that represents independent labels. Though Muzu already has deals with Universal, Warner, EMI, Sony and Beggars Group, the deal will give the site a 10% share of the US indie market and...
Vevo in talks to bring indie labels on board
Strategy Eye
- 2009-06-08
Vevo, the music video joint venture between Universal and YouTube, is in talks with a consortium of independent records labels, A2IM, to bring additional music content to the site. A deal would be a crucial boost to the Vevo project, which is trying to establish itself as a key...
Sony joins YouTube-Universal music venture
Strategy Eye
- 2009-06-04
Sony Music Entertainment is joining Vevo, the music video joint venture formed by YouTube and Universal Music Group. Sony will provide backing for the project in the form of an undisclosed equity stake alongside access to its music catalogue. Universal’s...
BSkyB and Universal prep for download store launch
Strategy Eye
- 2009-05-25
BSkyB and Universal are moving nearer to the launch of their joint music streaming and download service, with talks underway with the remaining major labels and a number of independents, Sky confirms. The news comes amid new reports over the price structure and corporate branding for the stand-alone subscription-based...
Universal and YouTube to launch premium music site
Strategy Eye
- 2009-04-13
Universal Music and YouTube are set to launch a premium music video and entertainment site after the pair agreed new content licensing terms. Vevo, which will launch in the coming months, marks a concerted effort by Google to boost ad revenues for its music content. ...
YouTube and Universal plan music video site
Strategy Eye
- 2009-03-05
YouTube and Universal Music are in talks to set up a standalone music video site, tentatively named Vevo. The premium music portal could include content from Universal and all three other major labels, according to people close to the discussions. ...
