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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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...
Vivendi Profits Rise On Acti-Blizz Games Success: Call Of Duty 'Biggest Entertainment Launch Ever'
PaidContent
- 2009-11-12
Activision’s Call of Duty: Modern Warfare 2 grossed more than $300 million in sales in its first 24 hours just in the US and the UK, making it not just the biggest video game launch of the year, but the biggest entertainment launch, in any medium, ever. That most...
Universal Music's Grainge To Succeed Morris As CEO
PaidContent
- 2009-11-03
Universal Music CEO Doug Morris will be succeeded by international chief Lucian Grainge next year, BusinessWeek reports (The Times Online also calls Grainge Morris’ “annointed successor” in a piece today). BusinessWeek says that Morris—who has overseen Universal Music’s operations for the last 15 years—plans to step down as CEO...
@ Google's Discover Music: MySpace Will Power Google's Music Search Results
PaidContent
- 2009-10-28
At the famed Capitol Records building in Hollywood, Google officially unveiled its OneBox music search service. First news tidbit to emerge is that MySpace will be powering the streaming music, videos and track purchases—not it’s new acquisition iLike. Google’s Marissa Mayer demoed what the new music search results would...
Vevo Gets its Investor: Abu Dhabi Media Joins "Hulu for Music Videos" [MediaMemo]
BNET
- 2009-10-19
Vevo, the music industry's version of Hulu, now has its own version of Providence Equity, the outside investor that took a flyer on the Web TV and movie joint venture: Abu Dhabi Media Company has purchased a stake in the company from owners Universal Music and Sony SNE. Terms of...
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...
Earnings: Vivendi H1 Up On Games, Digital Music Growth
PaidContent
- 2009-09-01
Fast growing digital music sales and the ongoing popularity of online multiplayer video games helped Vivendi (EPA: VIV) to a recession-beating 15 percent year-on-year revenue growth in the first half of 2009.—Activision Blizzard: The games division continued to power on - revenues up 300 percent from last year to...
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...
Universal Music Buys International Rights To Sinatra Albums
PaidContent
- 2009-08-20
Universal Music has purchased the international rights to Frank Sinatra albums from the Sinatra Family and Warner Music, the Financial Times reports. Under the terms of the deal, Universal can reissue albums that Sinatra released for Reprise, the record label he founded in 1960 and later sold to Warner...
