All Posts: universal

While the RIAA cries lost profits from downloading music as they enlist the government to create a cabinet level "copyright czar" to protect their music, Vivendi's first half report decries the poverty line.  Vivendi announced that the first half revenue for the overall company was up 10.2% over last year to $16.43 billion. The Universal Music Group was up 17.7% to $378 million.  While comparing the profit picture with 2007 the numbers for Viven...

New Agreement Settles Dispute and Covers All Receivers in the XM Product Line with Recording Functionality

Universal Music Group(UMG), the world's leading music company, and XM Satellite Radio, thenation's leading satellite radio company, today announced that theyhave resolved the lawsuit brought by UMG against XM over its PioneerInno, a portable satellite receiver with advanced recordingfunctionality. The companies did not disclose...