UPMG promotes a new CFO
Universal Music Publishing Group has promoted JW Beekman to the role of worldwide CFO. Beekman joined UPMG in 2007. His previous position was senior vice president of North American finance. Continue Reading
UMPG
Could Tidal get the rights to Prince’s catalog?
The death of legendary performer Prince earlier this year left a hole in the hearts of his scores of devoted fans. It has also created some legal turmoil about who will emerge with the rights to Prince’s vast music catalog. Universal Music Publishing Group bought the rights last week, but it now faces an unexpected hurdle before the deal can be closed. Continue Reading
UMPG updates Royalty Window with new features for songwriter finances
Universal Music Publishing Group has made updates to its Royalty Window portal, a B2B tool offering transparency into royalty collection. The new features include balance updates as royalties are processed during a period and requests for advances against incoming royalties without any additional fee. Continue Reading
UMPG adds new COO to executive team
Universal Music Publishing Group announced that Marc Cimino will join the company as chief operating officer. In this capacity, he’ll be focused on global business strategy for the publisher, guiding public policy and business development. Continue Reading
LyricFind locks down exclusive third-party right to license UMPG lyrics
LyricFind, founded in 2004 and the leading database and licensing resource for song lyrics, announced an exclusive business relationship with Universal Music Publishing Group (UMPG). In the deal, LyricFind becomes the exclusive third-party administrator of licenses for UMPG lyrics. Continue Reading
Pandora reaches direct deal with Universal Music Publishing
Pandora’s right to include certain music recordings in its catalog has been complicated recently by an unfavorable court case, requiring fast action and a type of negotiating Pandora has not favored in the past. Happy result for all parties. Continue Reading