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Corporation
MEDIA (TRADITIONAL) | Music
universalmusic.com

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Investments

28

Portfolio Exits

9

Funds

1

Partners & Customers

10

Service Providers

1

About Universal Music Group

Universal Music Group (Euronext:UMG) is a music company with with three main operating businesses: the recorded music business, which discovers and develops artists; Universal Music Publishing, which acquires music rights and licenses those rights for use in recordings, movies, televised broadcasts, advertising, concerts and other public events; and a merchandising business via its Bravado subsidiary, which designs branded products that are sold during tours, in specialty stores and online.

Universal Music Group Headquarter Location

‘s-Gravelandseweg 80

Hilversum, 1217 EW,

Netherlands

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Universal Music Group Web Traffic

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Page Views per Million (PVPM)
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CB Insights Intelligence Analysts have mentioned Universal Music Group in 1 CB Insights research brief, most recently on Jul 14, 2021.

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Jul 14, 2021 report

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Latest Universal Music Group News

From BMG’s alliance with investment firm Pimco, to Sir Lucian Grainge’s 2022 message: It’s MBW’s Weekly Round-Up

Jan 14, 2022

From BMG’s alliance with investment firm Pimco, to Sir Lucian Grainge’s 2022 message: It’s MBW’s Weekly Round-Up January 14, 2022 Welcome to  Music Business Worldwide ’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by  Centtrip , which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. Anyone following MBW’s coverage of the global music business over the past 12 months will surely have noticed something: Barely a week now goes by without attention-grabbing news about either a major music rights deal, or a new, deep pocketed player entering the music rights acquisition space. This week brought news of both. Today (January 14), we learned that investment giant Pimco has struck an alliance with BMG to jointly buy music copyrights, and the significance of the firm entering the fray is immense. We also learned this week that the acquisitive Primary Wave Music Publishing has spent a collective $60 million on stakes in the catalogs of Paul Rodgers, and Gerry Beckley and Dewey Bunnell of America. According to the Wall Street Journal, both deals, valued at $20 million and $40 million respectively, took place at the end of 2021 – a year in which MBW estimates, as reported on Monday (January 10), that at least $5 billion was spent on music rights acquisitions. In addition, as per the WSJ, Primary Wave, which itself has over $1 billion to spend on music rights, “is gearing up to spend $500 million to $600 million” this year. Elsewhere this week, Warner Music Group acquired prominent African music distributor Africori, while Universal Music Group Chairman and CEO Sir Lucian Grainge sent a memo to UMG’s workforce to mark the new year. Here’s what happened over the past seven days… The music rights market was on fire in 2021. MBW estimates – based on confirmed prices and information from industry sources – that at least $5.05 billion was spent on catalog and music rights acquisitions across the 60-plus big-money deals we reported on during last year. That figure includes deals for individual catalogs sold by artists and songwriters, plus acquisitions of music rights portfolios (including those owned by active labels/publishers) by companies from other companies… Towards the end of last year, MBW ran the now-infamous headline: Here Come The Giants. It was in reference to three heavy hitters from the investment community – Blackstone, Apollo Global Management, and KKR – deciding to cumulatively funnel billions of dollars into music rights acquisition. Today (January 14), we learn that another towering name from the finance world – Pimco – is also entering the fray. The Financial Times reports that Pimco has struck an alliance with BMG to jointly acquire song copyrights…. Warner Music Group (WMG) has acquired a majority stake in Africori, a prominent African music distribution, music rights management and artist development company. With offices in Johannesburg, London and Lagos, Africori currently services 7,000 artists and 850 clients and reports that in 2021, its artists generated hundreds of millions of audio streams and billions of YouTube views. The company also reports to have recorded strong revenue growth across all major DSPs. WMG says that Africori will continue to operate as an independent company, with current CEO, Yoel Kenan, remaining in his post…. Primary Wave Music has recently struck two new catalog deals for a combined $60 million. Firstly, the firm has spent $20 million on a stake in Paul Rodgers’ music publishing catalog for Free and Bad Company, as well as his master recording income streams for both bands. Secondly, Primary Wave has acquired Gerry Beckley’s and Dewey Bunnell’s rights in the America music catalog, in a deal worth $40 million. The value of both acquisitions were reported by the Wall Street Journal, which, citing people close to the deals, states that both took place in 2021. The WSJ also reports that Primary Wave, which has over $1 billion to spend on music rights, “is gearing up to spend $500 million to $600 million” this year….. Universal Music Group Chairman and CEO Sir Lucian Grainge sent a wide-ranging memo to his company’s staff this week to mark the new year. Within the note, obtained by MBW, Grainge commends and thanks UMG’s global workforce for their “determination and commitment” in 2021, and for what the company achieved last year in spite of the challenges presented by the pandemic. Indeed, Grainge writes that, for UMG’s business, 2021 was “in a word, phenomenal”… (MBW)

Universal Music Group Investments

28 Investments

Universal Music Group has made 28 investments. Their latest investment was in KBYKLive as part of their Corporate Minority on February 2, 2021.

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Universal Music Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/10/2021

Corporate Minority

KBYKLive

Yes

1

2/7/2017

Series A

Mass Appeal Media

$6M

Yes

3

10/10/2016

Series A

Pollen

$10M

Yes

8

5/4/2016

Series B

Subscribe to see more

$99M

Subscribe to see more

10

1/13/2016

Corporate Minority - II

Subscribe to see more

Subscribe to see more

10

Date

2/10/2021

2/7/2017

10/10/2016

5/4/2016

1/13/2016

Round

Corporate Minority

Series A

Series A

Series B

Corporate Minority - II

Company

KBYKLive

Mass Appeal Media

Pollen

Subscribe to see more

Subscribe to see more

Amount

$6M

$10M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

3

8

10

10

Universal Music Group Portfolio Exits

9 Portfolio Exits

Universal Music Group has 9 portfolio exits. Their latest portfolio exit was Streamlabs on September 26, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/26/2019

Acquired

$99M

8

6/12/2019

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

11/19/2018

Acquired

Subscribe to see more

Subscribe to see more

10

8/10/2018

Corporate Majority

Subscribe to see more

Subscribe to see more

10

12/11/2017

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/26/2019

6/12/2019

11/19/2018

8/10/2018

12/11/2017

Exit

Acquired

Acquired

Acquired

Corporate Majority

Acquired

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

8

10

10

10

10

Universal Music Group Acquisitions

12 Acquisitions

Universal Music Group acquired 12 companies. Their latest acquisition was INgrooves Music Group on February 12, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/12/2019

Series B

$99M

$31.66M

Acquired

2

1/22/2019

$99M

Acquired

4

3/5/2018

$99M

Corporate Majority

1

12/19/2017

Subscribe to see more

$99M

Subscribe to see more

10

12/19/2017

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/12/2019

1/22/2019

3/5/2018

12/19/2017

12/19/2017

Investment Stage

Series B

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$31.66M

Note

Acquired

Acquired

Corporate Majority

Subscribe to see more

Subscribe to see more

Sources

2

4

1

10

10

Universal Music Group Fund History

1 Fund History

Universal Music Group has 1 fund, including Universal Music Group Change Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/8/2020

Universal Music Group Change Fund

$25M

1

Closing Date

6/8/2020

Fund

Universal Music Group Change Fund

Fund Type

Status

Amount

$25M

Sources

1

Universal Music Group Partners & Customers

10 Partners and customers

Universal Music Group has 10 strategic partners and customers. Universal Music Group recently partnered with Campbell Soup Company on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/13/2021

Partner

Campbell Soup Company

United States

09:28 ET Campbell's® And Universal Music Group Combine Cooking And Music To Answer Age-Old Question 'What Sounds Good Tonight?'

This partnership with Universal Music Group continues Campbell Soup Company 's efforts to modernize its iconic brand .

1

9/29/2021

Licensee

MedRhythms

United States

MedRhythms Establishes Partnership With Universal Music Group

The partnership MedRhythms has with UMG is unique in the music business .

6

9/29/2021

Partner

MedRhythms

United States

1

9/1/2021

Client, and Vendor

Lexus, and MirriAd

United States, and United Kingdom

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Subscribe to see more

10

8/19/2021

Licensee

Moonbug Entertainment

United Kingdom

Subscribe to see more

Subscribe to see more

10

Date

10/13/2021

9/29/2021

9/29/2021

9/1/2021

8/19/2021

Type

Partner

Licensee

Partner

Client, and Vendor

Licensee

Business Partner

Campbell Soup Company

MedRhythms

MedRhythms

Lexus, and MirriAd

Moonbug Entertainment

Country

United States

United States

United States

United States, and United Kingdom

United Kingdom

News Snippet

09:28 ET Campbell's® And Universal Music Group Combine Cooking And Music To Answer Age-Old Question 'What Sounds Good Tonight?'

This partnership with Universal Music Group continues Campbell Soup Company 's efforts to modernize its iconic brand .

MedRhythms Establishes Partnership With Universal Music Group

The partnership MedRhythms has with UMG is unique in the music business .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

6

1

10

10

Universal Music Group Service Providers

1 Service Provider

Universal Music Group has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Corporate Minority - II

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Corporate Minority - II

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Universal Music Group Team

122 Team Members

Universal Music Group has 122 team members, including current Chief Executive Officer, Owner, Roy Jones.

Name

Work History

Title

Status

Awane Jones

Founder

Current

Ben Maitland-Lewis

Applico, Pretty Instant, E. & J. Gallo Winery, TEAM, and Sony Music Entertainment (USA)

Founder

Current

Roy Jones

Chief Executive Officer, Owner

Current

MADDI MADD

Chief Executive Officer

Current

Devraj Sanyal

Chief Executive Officer, Managing Director

Current

Name

Awane Jones

Ben Maitland-Lewis

Roy Jones

MADDI MADD

Devraj Sanyal

Work History

Applico, Pretty Instant, E. & J. Gallo Winery, TEAM, and Sony Music Entertainment (USA)

Title

Founder

Founder

Chief Executive Officer, Owner

Chief Executive Officer

Chief Executive Officer, Managing Director

Status

Current

Current

Current

Current

Current

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