Universal Music Group

EQS-News: New CFO at Fielmann Group AG: Steffen Baetjer succeeds Alexander Zeiss

Retrieved on: 
Tuesday, January 2, 2024

New CFO at Fielmann Group AG: Steffen Baetjer succeeds Alexander Zeiss (news with additional features)

Key Points: 
  • New CFO at Fielmann Group AG: Steffen Baetjer succeeds Alexander Zeiss (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • New CFO at Fielmann Group AG: Steffen Baetjer succeeds Alexander Zeiss
    Effective as of 1 January 2024, Steffen Baetjer, Executive Director Controlling since August 2023, succeeds Georg Alexander Zeiss as CFO of Fielmann Group AG.
  • Zeiss is going to enter Fielmann Group AG’s Supervisory Board, subject to approval by the responsible District Court in the City of Hamburg.
  • As the Fielmann Group AG welcomes him into his new role on the Supervisory Board, the Fielmann Family eagerly anticipates embarking on the next chapters of our entrepreneurial journey together," remarks CEO Marc Fielmann.

“Music 4 Good” Unites Top Music Icons to Rally Behind First Responders Children’s Foundation

Retrieved on: 
Tuesday, December 19, 2023

NEW YORK, Dec. 19, 2023 (GLOBE NEWSWIRE) -- For the third year in a row, country music’s biggest artists are giving back during the holiday season through a charitable holiday campaign with Universal Music Group Nashville. This year, for the first time, the “Music 4 Good” holiday campaign will feature country stars and Brazilian music sensation Anitta who was inspired by the mission and joined the campaign in support of First Responders Children’s Foundation (FRCF).

Key Points: 
  • This year, for the first time, the “Music 4 Good” holiday campaign will feature country stars and Brazilian music sensation Anitta who was inspired by the mission and joined the campaign in support of First Responders Children’s Foundation (FRCF).
  • Each of the stars has donated “Once in a Lifetime” VIP experiences (fly-aways, VIP concert experiences, exclusive merchandise, and more) to benefit First Responders Children’s Foundation.
  • Money raised through “Music 4 Good” is directly supporting the FRCF Scholarship Program and Resiliency Program that supports children of first responders with free and confidential mental health counseling.
  • “First Responders Children’s Foundation is enormously grateful to Universal Music Group Nashville and its artists for helping ease the financial and mental health burdens experienced by far too many first responder families,” said First Responders Children’s Foundation President and CEO Jillian Crane.

They're Here! McDonald's Launches Squishmallows Happy Meal in the U.S.

Retrieved on: 
Tuesday, December 19, 2023

CHICAGO, Dec. 19, 2023 /PRNewswire/ -- The wait is over and it's time to get your squish on as the Squishmallows® Happy Meal® makes its debut at McDonald's restaurants nationwide. The partnership launched in select global markets earlier this year and now, for a limited time while supplies last, U.S. fans can join in on the fun when the meal hits participating restaurants nationwide on December 26.

Key Points: 
  • For decades, fans have collected Happy Meal toys, but have never had the opportunity to collect up to twelve Squishmallow characters with the purchase of a Happy Meal, until now!
  • And that's not all – there's a surprise mystery character that select fans may uncover when they open their Happy Meal toy.
  • For even more fun, each character comes with a unique playlist, courtesy of Universal Music Group – a first for Happy Meal toys!
  • "The Squishmallows Happy Meal has taken the world by storm," said Gerhard Runken, Senior Vice President of Brand & Marketing at Jazwares.

Infinite Reality, Global Leader Powering AI-Virtual Immersive Experiences Announces Strategic Partnership with Greenidge Generation Holdings (Nasdaq: GREE)

Retrieved on: 
Thursday, December 14, 2023

Infinite Reality, Inc. (“iR” or the “Company”), the global leader in powering AI-virtual immersive experiences for clients such as Warner Bros.

Key Points: 
  • Infinite Reality, Inc. (“iR” or the “Company”), the global leader in powering AI-virtual immersive experiences for clients such as Warner Bros.
  • “We are excited to go public with the NBST acquisition in 2024 as we continue growing our capabilities to power cinematic-quality immersive experiences for our clients.
  • The NBST team have been great partners supporting our mission to be the leader in the AI revolution.
  • Moreover, the Greenidge team will provide iR and its clients with customized state-of-the-art data center solutions designed specifically for AI and powering immersive experiences,” said John Acunto, CEO of iR.

Greenidge Generation Holdings and Infinite Reality Announce New Partnership and Equity Swap

Retrieved on: 
Tuesday, December 12, 2023

Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically-integrated cryptocurrency datacenter and power generation company, today announced that it has entered into a partnership and share exchange with Infinite Reality, Inc. (“iR”), the global leader powering virtual immersive experiences serving clients such as Warner Bros.

Key Points: 
  • Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically-integrated cryptocurrency datacenter and power generation company, today announced that it has entered into a partnership and share exchange with Infinite Reality, Inc. (“iR”), the global leader powering virtual immersive experiences serving clients such as Warner Bros.
  • Discovery, Inc., Vodafone Group plc and Universal Music Group N.V. With this transformative partnership, Greenidge is also announcing the launch of its new service offering, GreenidgeAI.
  • This effort will be powered by Greenidge’s access to low-cost power and leading engineers with experience designing and building datacenters.
  • Jordan Kovler, CEO of Greenidge commented, “I am thrilled by the opportunities that lie ahead with the launch of GreenidgeAI.

Musixmatch Appoints Rio Caraeff as Chief Business Officer

Retrieved on: 
Thursday, November 30, 2023

Musixmatch, a leading global music data platform, today announced the appointment of Rio Caraeff as Chief Business Officer.

Key Points: 
  • Musixmatch, a leading global music data platform, today announced the appointment of Rio Caraeff as Chief Business Officer.
  • He has also served as Chief Commercial Officer at Syng, an early-stage spatial audio company that creates hardware and software products, and Chief Content Officer for Magic Leap.
  • “Throughout my life, my focus has always been on supporting artists & creators and that ethos entirely aligns with Musixmatch’s mission,” said Rio Caraeff.
  • “We are pleased to continue our partnership with Max, Rio, and the impressive team at Musixmatch as we advance our shared goals for the company.”

Universal Music Group and Supersocial Announce 'Beat Galaxy' on Roblox - A Groundbreaking Music Hub featuring Artists and Music from UMG

Retrieved on: 
Thursday, December 14, 2023

SANTA MONICA, Calif., Dec. 14, 2023 /PRNewswire/ -- Universal Music Group (UMG), the world leader in music-based entertainment, and Supersocial, a pioneer in virtual world development, have today announced the launch of Beat Galaxy, an innovative new music hub on Roblox, the immersive platform for communication and connection.

Key Points: 
  • UMG leads the expansion of music on Roblox in partnership with Supersocial, to help pioneer metaverse-native music discovery.
  • Beat Galaxy brings some of the world's most popular artists, labels and music to the platform for Roblox users to experience in game.
  • Building on several successful activations on Roblox by UMG artists and labels, Beat Galaxy is a next-generation social experience centered around music discovery, featuring a fully interactive social space where fans and newcomers can meet, discover, and share their favorite artists and music.
  • Future expansion includes the ability for users to travel to other virtual UMG worlds and experiences on Roblox via in-experience portals, creating the ultimate interconnected UMG galaxy.

Berklee Welcomed TuneCore CEO Andreea Gleeson for Annual Music Business Lecture

Retrieved on: 
Tuesday, November 21, 2023

BOSTON, Nov. 21, 2023 /PRNewswire-PRWeb/ -- Berklee's Music Business/Management Department commemorated the 30th annual James G. Zafris Distinguished Lecture series with guest speaker Andreea Gleeson, Chief Executive Officer at TuneCore, the leading development partner for self-releasing artists to build audiences and careers, owned by Believe, one of the world's leading digital music companies. The lecture was held on Friday, November 17 at David Friend Recital Hall on the college's Boston campus. As this year's honoree, Gleeson is recognized for her outstanding contribution to music business education.

Key Points: 
  • As this year's honoree, Gleeson is recognized for her outstanding contribution to music business education.
  • Their initiative to help artists produce better music is a sign that they seek to promote not just any music, but good music.
  • "Besides having a phenomenally strong, smart, passionate, and may I say fashionable CEO in Andreea Gleeson, what impressed me the most about TuneCore is that they are artist centric," said Tonya Butler, chair of the Music Business/Management Department at Berklee.
  • "Their initiative to help artists produce better music is a sign that they seek to promote not just any music, but good music.

The music market to grow by USD 70.02 billion from 2023 to 2028; Alphabet Inc., Amazon.com Inc., Apple Inc., and more among key companies- Technavio

Retrieved on: 
Friday, November 17, 2023

NEW YORK, Nov. 17, 2023 /PRNewswire/ -- The music market size is expected to grow by USD 70.02 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 17, 2023 /PRNewswire/ -- The music market size is expected to grow by USD 70.02 billion from 2023 to 2028.
  • The increasing adoption of digital music is notably driving the music market.
  • Ltd., Universal Music Group NV, Vivendi SE, Warner Music Group Corp, Yamaha Corp., and Zee Entertainment Enterprises Ltd..
  • View PDF Sample Report
    The music production software market size is estimated to grow at a CAGR of 7.47% between 2022 and 2027.

Universal Music India and leading Indian talent management company REPRESENT announce strategic partnership to amplify Independent artist talent

Retrieved on: 
Wednesday, November 15, 2023

LOS ANGELES, Nov. 15, 2023 /PRNewswire-PRWeb/ -- Universal Music Group India (UMGI), a division of Universal Music Group (UMG), the world leader in music-based entertainment and REPRESENT, a pioneering Indian independent talent management company, have announced a strategic partnership to accelerate the opportunities available for its artists. Under the leadership of Founder and CEO, Aayushman Sinha and its energetic team, REPRESENT has quickly earned a reputation for shaping the future of Indian pop culture, while nurturing independent artists to achieve global recognition.

Key Points: 
  • LOS ANGELES, Nov. 15, 2023 /PRNewswire-PRWeb/ -- Universal Music Group India (UMGI), a division of Universal Music Group (UMG), the world leader in music-based entertainment and REPRESENT, a pioneering Indian independent talent management company, have announced a strategic partnership to accelerate the opportunities available for its artists.
  • This partnership between UMGI and REPRESENT, symbolizes another major milestone for the growth of Indian artists, combining REPRESENT's blueprint for talent development with UMG's expertise to develop artistry and elevate the independent music scene in India.
  • In making the announcement, Devraj Sanyal, Chairman and CEO of Universal Music India & South Asia said, "We are delighted to announce this new strategic partnership with REPRESENT.
  • Sanujeet Bhujabal, EVP & Head of Content, Universal Music Group India, "This partnership signifies another milestone for the Indian music community.