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Google close to record company deals

Google Inc., which plans to launch its long-rumored music store Wednesday, is still furiously working behind the scenes to get key music companies onboard with its plan to take on Apple Inc.'s iTunes and challenge numerous ...

Web video site Veoh filing for bankruptcy protection

Video website Veoh, which has been locked in a two-year legal battle with Vivendi's Universal Music Group over copyright infringement, is filing for bankruptcy protection, its founder announced.

YouTube, Universal mull video venture: reports

Google-owned YouTube and the world's largest music recording company Universal Music Group are reportedly discussing collaborating on a premium music video website.

Apple nears music deal with labels

Apple Inc. is close to securing deals with all four major recording companies on a music service that will allow users to stream songs stored on remote computer servers, presumably to an array of portable Apple-made devices, ...

YouTube, Universal Music Group form music venture

(AP) -- YouTube and Universal Music Group are teaming up on an online music video venture that will launch later this year with Universal's entire catalog of nearly 10,000 music videos.

Eminem publisher takes Apple to court over rights

(AP) -- An attorney for Apple Inc. defended the company's use of Eminem's songs on iTunes in court on Thursday, as a trial got under way to determine who had the right to offer digital downloads of the rapper's music.

Sony's Music Unlimited comes to Android

Sony has released an app making its Music Unlimited online streaming available on smartphones running Google's Android system, amid growing competition from Amazon and Apple in cloud-based services.

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Universal Music Group

Universal Music Group (UMG) is the largest business group and family of record labels in the recording industry. With a 25.5% market share (est. 2005), it is one of the "big four" record companies. It is a wholly owned subsidiary of Vivendi; Universal Studios, the movie studio, was sold in part to NBC to form NBC Universal, which itself is part of GE.

UMG owns the largest music publishing business in the world, Universal Music Publishing Group, following the acquisition of BMG Music Publishing in May 2007.

Vivendi's headquarters are in Paris, France. The UMG global headquarters are located New York City. Other major offices are located in Santa Monica, California, along with Universal Music Group Nashville in Nashville; in the UK the group has a number of offices in London and Romford.

Universal Music has announced that it will develop an online site for music videos inspired by Hulu.com, the site setup by News Corp. and NBC that allows free, ad-supported streaming of TV shows

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