Universal Music Group: God, Do We Love Amy Winehouse! in General
By Silicon el 14-May-2008
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Universal Music Group solves the "how are we ever going to sell music again" riddle: Just find a starlet who spends equal amounts of time in trouble and in the tabloids. And make sure -- this part is actually important -- she makes music people like.
Vivendi's music label says that Amy Winehouse's "Back To Black" album sold an additional 2.2 million copies worldwide in the last quarter, bringing total sales past the 8 million mark. In the good old pre-Napster (1.0) days, 8 million albums sold worldwide would be good but not amazing: These days that's extraordinary -- all the more so because the album has now been selling for a couple of years. (A kind soul with access to SoundScan numbers points out that Amy has sold most of the albums abroad: She's sold 1.9 million copies of the album in the U.S. to date.)
Vivendi doesn't break out much detail on UMG, because it doesn't have to, so not much visibility into these numbers: Q1 revenues grew 0.6%, to about $1.6 billion, while EBITDA grew 95% to $172 million. Given that UMG absorbed music publishing heavyweight BMG in the last year, those top line numbers should be significantly higher, so that's worrisome. But not surprising.
(Side note: Plenty of chances to watch Amy perform "Rehab" on YouTube, but most of the clips we've seen have had the "embed" function disabled, presumably at UMG's request. So cheers to CBS for letting this one through.)
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By Silicon
Universal Music Group solves the "how are we ever going to sell music again" riddle: Just find a starlet who spends equal amounts of time in trouble and in the tabloids. And make sure -- this part is actually important -- she makes music people like.
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For quite some time, Universal Music Group has been able to weather the storm pounding the rest of the music business. We never quite figured it out, be we always assumed that it had [..] 
Say goodbye to those jewel-cased CDs and say hello to music-filled microSDs. Universal Music Group, SONY BMG, Warner Music Group, and EMI Music in conjunction with Sandisk, have announced a new audio distribution platform called “slotMusic”. With slotMusic, you will be able to buy a microSD card filled with DRM-free, 320Kbps MP3 files. No DRM [...] [..] 
After months of back and forth, the Rolling Stones have left Guy Hands' EMI for Vivendi's Universal Music Group. Universal gets the band's catalog stretching back to the 1970s (mos [..] 
Universal Music Group (GE) is considering an equity stake in music-sales site Nimbit, according to Digital Music News. Documents obtained by the Web site said the label, particularly its s [..] 
This morning Nokia announced a major victory in its fight to become a digital music retailer. Warner Music Group, one of the biggest record labels in the industry, has signed on as a content provider for Nokia’s still-unfolding ‘Comes With Music’ offering. We have discussed Comes With Music a few times here on BGR but [...] [..] 
