Universal Music Publishing Group Explained

Universal Music Publishing Group
Predecessor:BMG Music Publishing
PolyGram Music Publishing
MCA Music Publishing
Foundation:
Location City:Santa Monica, California
Location Country:U.S.
Area Served:Worldwide
Industry:Music industry
Services:Music publishing
Parent:Universal Music Group

Universal Music Publishing Group (UMPG) is a global music publishing company and is part of the Universal Music Group. Universal Music Publishing has been ranked the #1 music publisher in market share by Billboard for multiple consecutive quarters.[1]

The company is home to major songwriters and artists, including Taylor Swift, Bad Bunny, Drake, Kendrick Lamar, The Weeknd, Rosalía, Steve Lacy, Elton John, Adele, SZA, Harry Styles, Post Malone and more. UMPG has recently made historic catalogue acquisitions, including Bob Dylan, Sting, and Neil Diamond.[2] UMPG's catalogue consists of over four million songs, with offices in 40 countries.[3] [4]

History

UMPG was formerly known as MCA Music Publishing until it merged with PolyGram in 1998 when Seagram acquired PolyGram for $10.4 billion.[5] PolyGram's music business was merged into Seagram's MCA Records. The merger was effected in January 1999, forming a new company named Universal Music Group. The merger also included both record labels' music publishers.[6] The PolyGram catalog included Dick James Music, Welk Music, Cedarwood Publishing, and Sweden Music.[7] MCA had been in the music publishing business since 1964, when it acquired Lou Levy's Leeds Music.[8]

In August 2000, UMPG acquired Rondor Music from Herb Alpert and Jerry Moss for roughly $400 million. It included former music publishing arms of A&M Records, I.R.S. Records, Stax Records, and Shelter Records, as well as Sea of Tunes. The purchase added 60,000 copyrights to Universal's library.[9]

In 2006, Universal Music Publishing Group acquired BMG Music Publishing from Bertelsmann Music Group for €1.63 billion, back then the third largest publishing group in the world, making Universal Music the largest music publisher in the world. It included the catalogs of Éditions Durand and Casa Ricordi and former music publishing arms of Benson Records and Zomba. As part of the acquisition of BMG Music Publishing, Universal divested the catalogues of Zomba UK (and the European rights to Zomba USA), Rondor UK, 19 Music and BBC to a new company named Imagem (now part of Concord Music Publishing).[10] Sony/ATV Music Publishing overtook Universal Music Publishing as the world's largest music publisher in 2013 after acquiring EMI Music Publishing.[11]

On May 7, 2013, UMPG acquired American music publisher Criterion Music Corporation.[12]

On January 1, 2015, Jody Gerson was named the chairman and CEO of Universal Music Publishing Group, becoming the first woman CEO of a global music company and the first female to run a major music publishing company.[13] [14] Gerson made history as the first publishing executive and first woman to be named Billboard's 'Executive of the Year' for their Power 100 list. She was also named Variety Hitmakers' Executive of the Year in 2019.[15] In December 2015, she was named Executive of the Year by Billboard Magazine in its Women in Music issue.[16]

In March 2023, UMPG was ranked No. 1 on Billboard's Publishers Quarterly on the Hot 100 for the third consecutive quarter, which is taken from official Hot 100 chart data. Additionally, the portfolio publisher made history holding more than 30% market share for the past three quarters, a record that has not been achieved by any publisher since 2014.[17]

On February 27, 2024, TikTok announced that its license to use UMPG's catalogue would expire on March 1. At the beginning of February 2024, Universal Music Group had removed its entire recorded catalogue from the app.[18]

Services

UMPG is the music publishing partner of many film/TV studios globally, including Universal Pictures, Warner Bros. Pictures, Lionsgate, MGM, Paramount, Disney Europe (and other territories), Viacom, Amazon, HBO, DreamWorks, DreamWorks Animation, Legendary Pictures, MarVista Entertainment, NBC, and Sesame Workshop, among many others.[19]

UMPG administers the 60,000 title Rondor Music Catalog and also owns or administers a multitude of others including: Interscope and Def Jam Music, WildBrain, Amazon MGM Studios and Metro-Goldwyn-Mayer, All Nations Music, Charlie Daniels, Casa Ricordi, Matraca Berg, DreamWorks Animation, HBO, Paramount Global (excluding CBS and Showtime Networks), Warner Bros., Sesame Street, Lionsgate,[20] Disney Music Group,[21] Forerunner Music, Epitaph Records, Greenwich/Barry, Momentum Publishing, and John Philips. UMPG also owns or administers the works of Leonard Bernstein and Henry Mancini, and Dsign Music.

International

UMPG has 48 offices across 40 countries around the world. Universal Music Publishing Group Australia & NZ is based in Sydney, New South Wales, Australia.[22] Marianna Annas, former Head of ABC Music Publishing until January 2020, is Vice President, Commercial & Creative at the company,[23] [24]

External links

Notes and References

  1. Web site: Taylor Swift Is Top Songwriter; Sony, Universal Duel as Top Publishers – Billboard. Billboard. 2023-09-01.
  2. Web site: Jody Gerson to Receive 2023 Ralph Peer II Award From International Music Publishers. Billboard. 2023-09-01.
  3. Web site: Jody Gerson, Billboard’s Power Executive of the Year. Billboard. 2023-09-01.
  4. Web site: Gibson Announces Brand Partnership with Universal Music Publishing in China. KramerGuitars.com. 2023-09-01.
  5. Web site: Seagram buys PolyGram from Philips for $10.6bn. May 22, 1998. independent.co.uk. April 4, 2018.
  6. Web site: CMJ New Music Report. March 22, 1999. CMJ Network, Inc.. April 4, 2018. Google Books.
  7. Book: Hardy, Phil. Nickels & Dimes: Music Publishing & }} Administration in the Modern Age (Music Publishing And How It Works)]. 2014-03-17. Omnibus Press. 978-0-85712-877-5. 174.
  8. News: 0362-4331. MCA BUYS LEEDS, MUSIC PUBLISHER; Entertainment Concern Gets Assets and Copyrights. The New York Times. 2018-12-29. 1964-11-26.
  9. News: Universal Music Agrees to Acquire Rondor in $400 Million Stock Deal. Wall Street Journal. August 3, 2000.
  10. Web site: European Commission - PRESS RELEASES - Press release - Mergers: Commission approves Universal's proposed takeover of BMG's music publishing business, subject to commitments. europa.eu. April 4, 2018.
  11. Web site: Zach Horowitz Appointed Chairman/CEO of Universal Music Publishing Group | Billboard . Billboard.biz . April 18, 2012 . 2013-12-03.
  12. Web site: Universal Music Publishing Acquires Criterion Music Corp.
  13. Web site: Jody Gerson: the first female CEO of a major music company. Music Business Worldwide. 2023-09-01.
  14. Web site: No. 8: Jody Gerson - Power 100. Billboard. 13 February 2018.
  15. Web site: Five Years In, How Hitmakers’ Top Executive Jody Gerson Remade UMPG in Her Image. Variety. 2023-09-01.
  16. Web site: Women in Music 2015: Jody Gerson Named Executive of the Year . Billboard . 2019-08-15.
  17. Web site: UNIVERSAL MUSIC PUBLISHING GROUP CELEBRATES NO. 1 MUSIC PUBLISHER RANKING FOR THIRD CONSECUTIVE QUARTER. Yahoo Finance. 2023-09-01.
  18. https://www.musicbusinessworldwide.com/tiktok-has-already-started-removing-universals-music-publishing-catalog-from-its-platform
  19. Web site: Universal Music Publishing Group Guide. Music Gateway. 2023-09-01.
  20. Web site: Lionsgate & UMPG Sign Exclusive Long-Term Agreement . Billboard . 2018-08-02 . 2019-08-15.
  21. Web site: UMPG and Disney Music Publishing partnership goes global. musicweek.com. April 4, 2018.
  22. Web site: Universal Music Australia . Our company. 6 August 2020 . 10 June 2021.
  23. https://assets.apraamcos.com.au/images/PDFs/About/AMCOS_Statutory-Accounts_2020_AU.pdf. Annual Financial Report 30 June 2020. 2020. Directors' Report. AMCOS. Australasian Mechanical Copyright Owners Society. 1.
  24. Web site: The Wiggles sign global deal with Universal Music Publishing Group . The Industry Observer . Lars. Brandle . 13 January 2021 . 10 June 2021.