Universal Music to buy Sanctuary
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UK music group Sanctuary agrees to be bought by Centenary, a unit of recording giant Universal Music.
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Universal Music, home to artists such as U2, The Killers , and Audioslave, will make its catalog of recordings and music videos available for free on an ad-supported web site launching later this year, the site's operator said yesterday.
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Yahoo Inc. said on Tuesday it will  buy music software company Musicmatch Inc. for about $160  million in cash, bolstering Yahoo's offering as online music  providers prepare to go head-to-head in the download market.
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Universal Music Group has licensed songs from its stable of artists including U2 and Eminem to a company that has developed technology designed to prevent the unauthorized distribution of audio tracks over online file-sharing networks, a source familiar with the venture said.
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Apple has reached a deal with an independent distributor that brings music from 200 labels to its DRM-free iTunes Plus.
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Yahoo and Musicmatch today announced they have signed an agreement for Yahoo to acquire Musicmatch for approximately US$160 million in cash.
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Universal Music teams up with global advertising group WPP to specialise in licensing music for commercials.
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Music promoter the Mean Fiddler has signed a deal with Universal Records that will let fans download live tracks from bands who are playing at events such as the Reading Festival.
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Blog: Following its Apple and Amazon deals, the U.K.-based record label inks a deal with a company that provides white-label digital music stores to retailers.
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Struggling music label Sanctuary said Friday it has agreed to a takeover from Universal Music worth about 44.5 million pounds.
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Bolt.com says it had agreed to pay a multi-million dollar settlement to Universal Music Group to settle charges of copyright infringement, and has agreed to pay royalities on any future UMG-owned content uploaded.
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Vivendi&#39;s unit plans to buy out the rap star and his partners from Roc-A-Fella Records, report says. NEW YORK (CNN/Money) - Universal Music Group is close to a deal to buy out the rapper and producer Jay-Z
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Universal is reported not to be renewing its long-term deal to sell its music through Apple's iTunes.
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SpiralFrog, a new music download  service, on Tuesday said it would make Vivendi's   Universal Music Group's catalog available for free legal  downloading in the United States and Canada.
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Universal Music Group and Warner Music Group are teaming up to launch a new firm to manage how the two major recording companies track artists' music royalties.
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Starbucks Corp. on Thursday said its Hear Music catalog will be available in the iTunes music store under an agreement with iTunes owner Apple Computer Inc..
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NEW YORK: Internet company Yahoo says it will buy privately held music software company Musicmatch for about $US160 million in a bid to bolster its online music services.