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Creative Industries

Vivendi plans to sell another 10% of Universal Music Group

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By Emmanuel LegrandFrench media and entertainment group Vivendi said it is preparing to sell an additional 10% of the 80% shares in Universal Music Group before floating 60% of UMG's shares on Amsterdam's Euronext by September 27. Considering that it sold 20% of UMG's business to a consortium led by China's Tencent for EUR6 billion, the transaction could net Vivendi another EUR3bn. "The group is analysing the opportunity of selling 10% of UMG shares to an American investor or initiating a pub...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

US book publishing community unites to challenge in court Arkansas Act 372

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A recent law passed by the legislature in Arkansas and signed into law by the Governor of the State that would restrict the access to books has been challenged by a broad coalition of authors, publishers, booksellers, librarians, and readers.

In a lawsuit in the US District Court for the Western District of Arkansas against the State of Arkansas, they argue that the passing into law of Arkansas Act 372 would restrict "access to books in bookstores and libraries located within the state, and ...

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Creative Industries

Polygram Entertainment promotes Daniel Inkeles to Senior Vice President, Film and Television Development and Production

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Universal Music Group's film and television division Polygram Entertainment has promoted Daniel Inkeles to Senior Vice President, Film and Television Development and Production.

Based in Los Angeles and reports to David Blackman, EVP, Head of Film and Television Development and Production, UMG.

Most recently, Inkeles was Vice President, Scripted Film and Television, UMG where he served as an executive producer of the series 'Zoey’s Extraordinary Playlist' (NBC) as well as an executive pr...

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Creative Industries

Interstellar Music Services signs Kula Shaker, Cole Rolland, Lack of Afro, Michael McArthur, Mirla and Xavier Weeks

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Interstellar Music Services has signed a number of artists — including British rock band Kula Shaker, as well as Cole Rolland, Lack of Afro, Michael McArthur, Mirla and Xavier Weeks — for which the boutique artist services and rights management company will provide services to maximise the collection of royalties.

Interstellar rights management services include digital distribution, sync and brand partnerships, metadata cleaning, neighbouring rights, publishing administration, DSP re-pi...

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