MusicDish e-Journal - October 19, 2018
MusicDish Advertising Network
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

pressplay Parent Under Criminal Investigation
By Jon Newton,
(more articles from this author)
Comment | Email | Print | RSS

Music Industry News - as it happens
Source: - November 4, 2002

pressplay is a U.S.-only, RIAA-approved p2p 'alternative', with ownership split between Universal Music Group (UMG) and Sony Music Entertainment.

On its web page, pressplay brags it's "offered through affiliates that currently include MSN Music, Yahoo!,, Roxio, and Sony's Musiclub. pressplay is also offered through the Windows Media Player 9 Series."

Now, in a terse statement issued on November 5, Vivendi Universal, UMG's owner, admits it's under criminal investigation in the U.S.

The announcement came only days after French prosecutors said they're examining whether or not the company deliberately misled investors while it was being run by former Chairman Jean-Marie Messier, who himself faces possible class-actions in the US.

"As in France with the C.O.B [Commission des Operations de la Bourse, the French Securities and Exchange Commission] and the Justice, Vivendi Universal intends to cooperate fully with the U.S. Attorney's office for the Southern District of New York that has opened a preliminary criminal investigation involving Vivendi Universal," said the company.

"The U.S. Securities and Exchange Commission's Miami, Florida office, which has been conducting an informal inquiry, will be coordinating its activities with the U.S. Attorney's investigation. Vivendi Universal intends to cooperate fully with those preliminary investigations."

Starting out as 'Compagnie Generale des Eaux', Vivendi has grown to become the world's second largest media group. On its UMG web page, it says: ." operations encompass the development, manufacture, marketing, sales and distribution of recorded music through a network of subsidiaries, joint ventures and licensees in 63 countries around the world, representing 98% of the global music market."

Its UMG ownerships and alliances include: Decca; Deutsche Grammophon; Interscope Geffen A&M; Island Def Jam Music Group; MCA Records; MCA Nashville; Mercury Nashville; Motown Record Company; Polydor; Universal Records; Universal Classics Group; Verve Music Group; Universal Music Publishing Group; and Universal eLabs.

Related News from Mi2N:
» Vivendi Universal Issues Announcement On US Investigations

Home » News Beat » pressplay Parent Under Criminal Investigation
Email |Print |Comment |RSS

back | top

MusicDish Advertising Network

News Beat

» indieOn Connects Music to the Blockchain

» 13 Music Label Sold to MTN

» Darcus Beese Named President Of Island Records

» ASCAP Revenues Top $1.144 Billion In 2017

» BMG Appoints New Creative Directors In Nashville

News Beat Directory

» [2018-09-16] Live Nation Electronic Asia Inks Deal With Budweiser For Creamfields Festivals; Together, Creamfields And Budweiser Will Focus On Building Entirely New Content For Dedicated Electronic Music Fans Throughout Asia

» [2018-08-23] Andy Ma Appointed Warner Music China CEO; Andy Ma Has Also Been Appointed EVP, Commercial And Business Development For Greater China

» [2018-08-23] IndieOn Connects Music To The Blockchain; IndieOn Is Confident Of Creating A "music Miner" Who Listens More And Grow Their Token Value

» [2018-06-23] The 2018 MIDEM Silk Road International Music Alliance Signing; International Music Industries Signing Of A Mutual Resource Sharing Agreement With Shanghai Conservatory Of Music & The China Records Group

» [2018-06-06] Screen Music Connect To Explore The Music Of Film, Television And Interactive Media; Created By James Hannigan, Award-winning Composer And Game Music Connect Co-founder, Screen Music Connect Builds On The Success Of The Sold-out Game Music Conferences

» [2018-06-05] Fred Casimir To Develop BMG's Global Recordings Business; As Well As Building BMG's European Infrastructure, Casimir Was Instrumental In Developing BMG's Recordings Business

» [2018-06-03] 13 Music Label Sold To MTN; DSN Music Spins Off Record Label To Albuquerque Music Entrepreneur's New Group

» [2018-06-02] CISAC 2018 Annual Report; A Comprehensive Overview Of The Confederation's Work To Serve 4 Million Creators And 239 Authors Societies Across The World

» [2018-06-02] MusicDish Announces A Love Electric 2018 China Tour; The Tour Will Crisscross Through China With 12 Shows In 8 Cities, Including Guangzhou, Dongguan, Zhuhai, Shenzhen, Kunming, Jiaxin, Wuhan And Beijing

» [2018-06-02] Darcus Beese Named President Of Island Records; Renowned U.K. Music Executive To Join Universal Music Group's U.S. Label Leadership

» [2018-05-17] Avant-Garde Label Maybe Noise Launches In Beijing; The Official Launch Will Be On May 26 At Magnet Theater With A Performance Supporting Its First Vinyl Release: Png Z

» [2018-05-04] Award-Winning Lithuanian Rock Band Colours Of Bubbles "She Is The Darkness" 2018 China Tour; The Tour Will Kickoff In Shanghai Where The Band Will Represent Lithuania During The Country's Signing To The Silk Road Music Alliance
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

Tony Carlucci & Dynamic Destony Releases New LP "A New Day"

Laura Angelini Makes Birthday World Event

Killer Tracks Delivers The Music For A NASA Moon Video

John Keenan Taking It To The Next Level

Royale - Playground (Single)

Make A Wish With Catherine Duc's 'Stargazing' Remix Of Ben Hobbs' 'Blind To You'

Asian Pop Queen Celest Releases Debut English Single/Video "I Got Him"

Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2018 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships