Universal Music

Core profit (EBITDA) for the first quarter fell 43.4% at constant currency to 261 million euros ($288.07 million), with the metric's margin also dropping to 10.6% from 20.6% in the same quarter a year earlier.

Vivendi plans to distribute 60% of UMG capital to shareholders, list it by year-end

The plan to list Universal represents part of a process launched by Vivendi's top shareholder French billionaire Vincent Bollore to cash in on the music industry's revival.

So you think you can sing?

This week CNBC-TV18's special show Club Class interviews Devraj Sanyal, a man who has more hats than one may require. He is an entrepreneur, a thinker, also the MD of Universal Music and a front man for Brahma.

Sony group wins US approval to buy EMI Music Publishing

The Federal Trade Commission has approved a Sony-led consortium's purchase of EMI Music Publishing, without having to make any divestitures, the FTC said on Friday.

Bill Gates company starts music service for pros

Microsoft Corp co-founder Bill Gates' privately held Corbis, which provides photos and film video for advertisers, is expanding further into entertainment by launching an online music service with songs from the four largest publishers.

Universal, Sony stun in EMI deal wins

Vivendi's Universal Music Group and Sony won the auction for EMI's recorded music and music publishing operations, trumping bids by archrivals Warner Music Group

China's Baidu signs landmark music agreement with studios

Baidu, China's largest search engine, said on Tuesday it has signed an agreement with major music studios for the licensed distribution of music through its mp3 search service.

U2, Rihanna featured on new album to aid Japan

Irish rockers U2 and pop star Rihanna are among the artists expected to be featured on a digital-only album being rushed out by Universal Music to raise funds for Japanese quake and tsunami victims.