2019 is looking bright for UMG
2019 is off to a big start.
Deutsche Bank just slapped a whopping $33B valuation on Universal Music Group. This positions the major as more valuable than its parent company Vivendi, who has been teasing interest in selling off up to 50% of the company. When you look at the artists under the UMG family (particularly Republic), $16B for half doesn’t seem so bad. Ariana Grande, Drake, Nicki Minaj, Post Malone, The Weeknd, and now Taylor Swift all lead the Republic roster. Add in Capitol artists Halsey, Katy Perry, Marshmello, Migos, Sam Smith, Troye Sivan, and you’ve got a veritable powerhouse of current commercial music all under one roof. Some of the other label properties under the UMG umbrella include Def Jam, EMI, Island, Interscope/Geffen, Virgin/EMI, Blue Note, DECCA, Cash Money, Motown, and a lot more than I care to type out.
Now for some streaming numbers, UMG edition
(From Spotify's 2018 year end report):
Drake – most streamed artist (with a whopping 8.2B streams), #1 most streamed song (God’s Plan), #5 most streamed song (In My Feelings), #1 Most streamed album (Scorpion)
Post Malone – #2 most streamed artist, #3 most streamed song (rockstar), #4 most streamed song (Psycho), #2 most streamed album (beerbongs & Bentleys)
Ariana Grande – #1 most streamed female artist
Taylor Swift – #4 most streamed female artist
Migos - #4 most streamed groups
2019 is going to be a big year indeed for UMG.
- EXH -