Topic: universal music

Universal and Sony Buy EMI for $4.1 Billion

Record company splits in two

One of Britain’s most famous record companies, EMI, has been bought in two deals with Sony and Vivendi’s Universal Music. The company will now be split into two divisions. Universal…

Virgin Media Close to Deal for Digital Music Service

A trial could launch as early as this summer

In early 2009, Virgin Media announced that it was planning an unlimited music download subscription service in partnership with Universal Music, but none of the other major labels signed on.…

Spotify Reaches Deal With Universal

Will a U.S. version be ready for a summer launch?

After months of speculation that Spotify might finally be ready for its long-awaited U.S. launch, that goal is looking closer than ever. The music streaming service has repeatedly set dates…

Vevo Crosses the Atlantic

Music video site taps U.K. audience

Vevo, the U.S. music industry’s online video darling, is bringing its act across the pond. The website, a collaboration between Universal Music and Sony Music, expects to be profitable in…