Vivendi Suspends Its Sale of Universal Music Group — Possibly Due to the 2008 Fire Fallout

French media megalith Vivendi is pausing its efforts to divest 50% of Universal Music Group.  But why? The proposed sale of Universal Music Group has attracted interest from a number of potential buyers, including Alibaba, KKR & Co., SiriusXM/Pando… Continue Reading

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UMG Receives First Legal Warning to Disclose Its 2008 Fire Losses; Chairman Lucian Grainge Breaks His Silence

  What exactly was lost, and why isn’t UMG disclosing it? The crisis over UMG’s catastrophic loss of recording masters in 2008 is now entering a new phase.  Just this morning, LA-based law firm King, Holmes, Paterno & Soriano, LLP issued a written … Continue Reading

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UMG Secured a Massive Settlement from NBCUniversal After the 2008 Fire — But Shared Nothing Back With Artists

The crisis surrounding UMG’s handling of the Universal Studios Fire of 2008 is worsening with news of a massive settlement. As Universal Music Group faces the specter of dozens of lawsuits stemming from its mishandling of the 2008 Universal Studios fir… Continue Reading

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A List of Artists Whose Masters Were Lost In the 2008 Universal Studios Fire

The ripples are just being felt from Jody Rosen’s bombshell New York Times Magazine exposé on the Universal Studios fire of 2008. The losses felt by Universal Music Group were staggering — not to mention the broader music community.  Yet nobody knew ab… Continue Reading

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Why a DJ Khaled ‘Monster Lawsuit’ Is the Best Thing That Could Happen to Billboard — And the Music Industry at Large

Billboard’s chart rankings are a beautiful mess.  But what’s the solution? There’s something oddly satisfying about witnessing Tyler, the Creator topping DJ Khaled for the number one ranking on the latest Billboard 200.  Somehow, a trippy exploration o… Continue Reading

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DJ Khaled Is Reportedly Suing Billboard Over His 2nd Place Chart Position

Has Billboard’s make-it-up-as-you-go chart qualification process finally backfired? Once upon a time, Billboard had a pretty simple job when it came to counting and ranking weekly album sales.  Using its retail-scanning sidekick, Nielsen Soundscan, Bil… Continue Reading

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