Universal Music slashes US album prices
Universal Music will cut US recommended retail prices to $12.98 for new and catalogue albums from 1 October, aiming to boost sales amid declining album revenue.…
Doug Morris
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Mottola to bring Casablanca to life for UMG
Former Sony boss Thomas D Mottola is relaunching Casablanca Records as a venture with Universal Music Group, with Doug Morris announcing the partnership.…
Tensions at top of Universal
Tensions are reported between Vivendi Universal CEO Jean-Rene Fourtou and Barry Diller over payments tied to a possible sale of Universal's entertainment assets.…
MCA boss latest major label resignation
Jay Boberg has resigned as president of MCA Records, with Craig Lambert acting as head until a new president is appointed.…
Bono the most powerful man in rock
Q magazine's readers' survey names U2's Bono the most powerful man in rock, ahead of Universal Music boss Doug Morris and Eminem.…