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An N U Al R Ep O R T 2018 Annual Report
ANNUAL REPORT 2018 ANNUAL REPORT The Annual Report in English is a translation of the French Document de référence provided for information purposes. This translation is qualified in its entirety by reference to the Document de référence. The Annual Report is available on the Company’s website www.vivendi.com II –— VIVENDI –— ANNUAL REPORT 2018 –— –— VIVENDI –— ANNUAL REPORT 2018 –— 01 Content QUESTIONS FOR YANNICK BOLLORÉ AND ARNAUD DE PUYFONTAINE 02 PROFILE OF THE GROUP — STRATEGY AND VALUE CREATION — BUSINESSES, FINANCIAL COMMUNICATION, TAX POLICY AND REGULATORY ENVIRONMENT — NON-FINANCIAL PERFORMANCE 04 1. Profile of the Group 06 1 2. Strategy and Value Creation 12 3. Businesses – Financial Communication – Tax Policy and Regulatory Environment 24 4. Non-financial Performance 48 RISK FACTORS — INTERNAL CONTROL AND RISK MANAGEMENT — COMPLIANCE POLICY 96 1. Risk Factors 98 2. Internal Control and Risk Management 102 2 3. Compliance Policy 108 CORPORATE GOVERNANCE OF VIVENDI — COMPENSATION OF CORPORATE OFFICERS OF VIVENDI — GENERAL INFORMATION ABOUT THE COMPANY 112 1. Corporate Governance of Vivendi 114 2. Compensation of Corporate Officers of Vivendi 150 3 3. General Information about the Company 184 FINANCIAL REPORT — STATUTORY AUDITORS’ REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS — CONSOLIDATED FINANCIAL STATEMENTS — STATUTORY AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS — STATUTORY FINANCIAL STATEMENTS 196 Key Consolidated Financial Data for the last five years 198 4 I – 2018 Financial Report 199 II – Appendix to the Financial Report 222 III – Audited Consolidated Financial Statements for the year ended December 31, 2018 223 IV – 2018 Statutory Financial Statements 319 RECENT EVENTS — OUTLOOK 358 1. Recent Events 360 5 2. Outlook 361 RESPONSIBILITY FOR AUDITING THE FINANCIAL STATEMENTS 362 1. -
Island Records and Notting Hill Implement Music Gateway's New
Island Records and Notting Hill implement Music Gateway’s new Private Network Software Music Gateway has developed a new project management solution - with Island Records Dance and Notting Hill Publishing among its founding clients as well as working closely with labels such as Sire Records, a subsidiary of Warner Music Group. The Private Network offers a highly functional and secure project management system to be used in-house at music companies and beyond. "The collaborative nature of dance music means that I always have a number of records and projects in development with artists not just in the UK but around the world,” said founding client and A&R Consultant at Island Records, Dave Lambert. “Tracking the progress of these projects and the individual processes are essential, and managing my network as a whole is top priority. With Music Gateway I have my own closed network that I control, so I can make this happen in a much more effective way, saving myself heaps of time.” Each Private Network is modular and flexible, with features including: unlimited usage and network growth; unlimited file sizes, back up and storage; branded private networks and project management systems; mobile optimisation; worldwide access; collaboration and remote working tools. A number of new features have also been added to the whole Music Gateway platform including, video timeline feedback function, ability to upload and manage any file type within the workspace, and assign meta-data to all files. “The concept for the Private Network was triggered after Music Gateway was approached by a notable publishing company who were looking for a secure and functional, private project management tool,” said Music Gateway CEO Jon Skinner. -
And Duet Announce an Alliance to Present and Market the On-Demand Music Subscription Service Created by Sony Music Entertainment and Universal Music Group
Yahoo! and Duet Announce an Alliance to Present and Market the On-Demand Music Subscription Service Created by Sony Music Entertainment and Universal Music Group SANTA CLARA, NEW YORK and PARIS -- April 5, 2001 -- Today, Yahoo! Inc. (Nasdaq: YHOO), a leading global Internet communications, commerce and media company, and Duet, the online digital music subscription service created by the world's two largest music companies, Universal Music Group and Sony Music Entertainment, announced an alliance to present and market Duet's U.S. service to visitors to the Yahoo! network and Yahoo!® Music (http://music.yahoo.com). The Duet subscription service is expected to launch this summer. The on-demand Duet subscription service will offer consumers the opportunity to access a broad range of quality music online with speed, ease of use, and reliability while respecting artists' rights. The service will provide music enthusiasts with the ability to compile personalized playlists and to share them with other Duet members, among other features. The Duet service is expected to launch with streaming music and plans to add downloads shortly thereafter. The Duet subscription service will offer music from Sony Music and Universal Music on a non-exclusive basis. Duet also expects to offer music from other companies, in order to provide consumers with the best experience and access to the most compelling selection of music available. "Yahoo! is pleased to join Sony Music and Universal Music, the world's two largest music companies, to promote the Duet subscription service to U.S. music fans," said Jeff Mallett, president and chief operating officer, Yahoo! Inc. -
The Globalization of K-Pop: the Interplay of External and Internal Forces
THE GLOBALIZATION OF K-POP: THE INTERPLAY OF EXTERNAL AND INTERNAL FORCES Master Thesis presented by Hiu Yan Kong Furtwangen University MBA WS14/16 Matriculation Number 249536 May, 2016 Sworn Statement I hereby solemnly declare on my oath that the work presented has been carried out by me alone without any form of illicit assistance. All sources used have been fully quoted. (Signature, Date) Abstract This thesis aims to provide a comprehensive and systematic analysis about the growing popularity of Korean pop music (K-pop) worldwide in recent years. On one hand, the international expansion of K-pop can be understood as a result of the strategic planning and business execution that are created and carried out by the entertainment agencies. On the other hand, external circumstances such as the rise of social media also create a wide array of opportunities for K-pop to broaden its global appeal. The research explores the ways how the interplay between external circumstances and organizational strategies has jointly contributed to the global circulation of K-pop. The research starts with providing a general descriptive overview of K-pop. Following that, quantitative methods are applied to measure and assess the international recognition and global spread of K-pop. Next, a systematic approach is used to identify and analyze factors and forces that have important influences and implications on K-pop’s globalization. The analysis is carried out based on three levels of business environment which are macro, operating, and internal level. PEST analysis is applied to identify critical macro-environmental factors including political, economic, socio-cultural, and technological. -
Post Malone Announces North American Tour with 21 Savage and Special Guest Sob X Rbe
POST MALONE ANNOUNCES NORTH AMERICAN TOUR WITH 21 SAVAGE AND SPECIAL GUEST SOB X RBE Tickets On Sale to General Public Starting Friday, February 23 at LiveNation.com LOS ANGELES, CA (February 20, 2018) – Today, multi-platinum artist Post Malone announced his upcoming North American tour with multi-platinum rapper 21 Savage and special guest SOB X RBE. Produced by Live Nation and sponsored by blu, the outing will kick off April 26 in Portland, OR and make stops in 28 cities across North America including Seattle, Nashville, Toronto, Atlanta, Austin, and more. The tour will wrap in San Francisco, CA on June 24. Tickets will go on sale to the general public starting Friday, February 23 at 10am local time at LiveNation.com. Citi® is the official presale credit card of the Post Malone tour. As such, Citi® cardmembers will have access to purchase presale tickets beginning today, February 20th at 2pm local time until Thursday, February 22nd at 10pm local time through Citi’s Private Pass® program. For complete presale details visit www.citiprivatepass.com. Every pair of online tickets purchased comes with one physical copy of Post Malone’s forthcoming album, Beerbongs & Bentleys. Ticket purchasers will receive an additional email with instructions on how to redeem their album and will be notified at a later date on when they can expect to receive their CD. (U.S. and Canadian residents only.) The history-making Dallas, Texas artist, Post Malone, will also release his new single “Psycho” [feat. Ty Dolla $ign] on Friday February 23, 2018 via Republic Records. -
GRAMMY Salute to Music Legends ™ Comes to THIRTEEN’S Great Performances Friday, October 14 at 9 P.M
Press Contacts: Harry Forbes, WNET 212-560-8027 or [email protected] Neda Azarfar, The Recording Academy 310-392-3777 or [email protected] Press materials: http://pressroom.pbs.org or http://www.thirteen.org/13pressroom Website: http://www.pbs.org/wnet/gperf Facebook: http://www.facebook.com/GreatPerformances Twitter: @GPerfPBS GRAMMY Salute to Music Legends ™ Comes to THIRTEEN’s Great Performances Friday, October 14 at 9 p.m. on PBS Ruth Brown, Celia Cruz, Earth, Wind & Fire, Herbie Hancock, Jefferson Airplane, Linda Ronstadt, Run-DMC, and John Cage Among Distinguished Honorees Live performances by Ry Cooder, Lila Downs, Earth, Wind & Fire, Andy Garcia and The CineSon All Stars, Herbie Hancock, Jefferson Airplane, Kris Kristofferson, Lucrecia, Martina McBride, Magnolia Sisters, JD Souther, and more In collaboration with The Recording Academy, Great Performances presents "GRAMMY Salute To Music Legends ™," a special all-star concert offering a primetime spotlight for The 2 Academy's 2016 Special Merit Awards recipients. The celebration and tribute concert features rare performances by honorees and never-before-seen renditions by those they've inspired. The celebration, recorded at Dolby Theatre in Los Angeles, will air Friday, October 14 from 9-11:30 p.m. on PBS. (Check local listings.) Previously held during GRAMMY ® Week, this is the first time The Recording Academy has celebrated the Special Merit Awards with a stand- alone event and musical tribute. This year's Lifetime Achievement Award honorees are Ruth Brown, Celia Cruz, Earth, Wind & Fire, Herbie Hancock, Jefferson Airplane, Linda Ronstadt , and Run- DMC . John Cage, Fred Foster , and Chris Strachwitz are Trustees Award honorees; and EMT and Dr. -
The Recording Academy® Producers & Engineers Wing® to Present Grammy® Soundtable— “Sonic Imprints: Songs That Changed My Life” at 129Th Aes Convention
® The Recording Academy Producers & Engineers Wing 3030 Olympic Boulevard • Santa Monica, CA 90404 E-mail: p&[email protected] THE RECORDING ACADEMY® PRODUCERS & ENGINEERS WING® TO PRESENT GRAMMY® SOUNDTABLE— “SONIC IMPRINTS: SONGS THAT CHANGED MY LIFE” TH AT 129 AES CONVENTION Diverse Group of High Profile Producer and Engineers Will Gather Saturday Nov. 6 at 2:30PM in Room 134 To Dissect Songs That Have Left An Indelible Mark SANTA MONICA, Calif. (Oct. 15, 2010) — Some songs are hits, some we just love, and some have changed our lives. For the GRAMMY SoundTable titled “Sonic Imprints: Songs That Changed My Life,” on Saturday, Nov. 6 at 2:30PM in Room 134, a select group of producer/engineers will break down the DNA of their favorite tracks and explain what moved them, what grabbed them, and why these songs left a life long impression. Moderated by Sylvia Massy, (Prince, Johnny Cash, Sublime) and featuring panelists Joe Barresi (Bad Religion, Queens of the Stone Age, Tool), Jimmy Douglass (Justin Timberlake, Jay Z, John Legend), Nathaniel Kunkel (Lyle Lovett, Everclear, James Taylor) and others, this event is sure to be lively, fun, and inspirational.. More Participant Information (other panelists TBA): Sylvia Massy broke into the big time with 1993's “Undertow” by Los Angeles rock band Tool, and went on to engineer for a diverse group of artists including Aerosmith, Babyface, Big Daddy Kane, The Black Crowes, Bobby Brown, Prince, Julio Iglesias, Seal, Skunk Anansie, and Paula Abdul, among many others. Massy also engineered and mixed projects with producer Rick Rubin, including Johnny Cash's “Unchained” album which won a GRAMMY award for Best Country Album. -
Russell Simmons Russell Simmons Has Been the Leader in Bringing The
Russell Simmons Russell Simmons has been the leader in bringing the powerful influence of hip-hop culture to every facet of business and media since its inception in the late 1970s through current day, in which its integration into mainstream American Culture means an entirely new, post-racial, progressive America. Simmons' businesses have always been rooted in giving a powerful voice to emerging creative and social movements, and integrating them into the American psyche. His business successes have spanned music, film, television, fashion, the jewelry industry, video games, online and financial services; his activism has encompassed all of the areas touched by his businesses, including poverty, education and ignorance. From producing and/or managing such early hip-hop artists as Kurtis Blow, Run DMC, Will Smith and the Beastie Boys to signing seminal luminaries like Jay Z, LL Cool J and Ludacris to his iconic record label, Def Jam Recordings, Simmons’ groundbreaking vision and the cultural revolution became the international phenomenon now known as hip-hop. Following his departure from Def Jam, in 1999, Russell created a fashion empire in Phat Farm, which begat Baby Phat and Run Athletics, and put the definitive stake in the ground for urban streetwear, to which others followed including: Roc-A-Wear, Sean John, Derion, Enyce, Ecko and many others. His film and television production company with partner Stan Lathan, Simmons Lathan Media Group, created the wildly successful HBO series, “Def Comedy Jam “ (8 million DVDS sold), “Russell Simmons Presents Def Poetry,” and “HBO Presents Brave New Voices,” the Hollywood box office success “The Nutty Professor,” the Tony Award-winning stage production “Russell Simmons Presents Def Poetry Jam on Broadway,” the international hit on MTV “Run’s House,” and most recently the successful first season of “Running Russell Simmons.” In 2003, Simmons co-founded Unirush Financial Services with consumer debt investor David Rosenberg. -
Marketing in the Music Industry
Filozofická fakulta Univerzity Palackého Katedra anglistiky a amerikanistiky Marketing in the Music Industry (Bakalářská práce) Autor: Jan Kašpír Studijní obor: Angličtina se zaměřením na aplikovanou ekonomii Vedoucí práce: Joseph James Ference Dr. Olomouc 2012 I declare that I elaborated this paper independently and that I mentioned the absolute list of works cited In Olomouc on the day I hereby express my deepest gratitude towards Dr. Joseph Ference for his constant guidance, advice and patience in the development of this bachelor thesis. List of Abbreviations Used in the Thesis A&R – artist and repertoire ARC – American Record Corporation BBC – British Broadcasting Company BMG – Bertelsmann Music Group CBS – Columbia Broadcasting System CD – compact disc CD-R – recordable compact disc CD-ROM – Compact Disc Read-only memory – preprinted CD containing data readable by a computer CEO – chief executive officer DAT – Digital Audio Tape DMCA – Digital Millennium Copyright Act DNS – Domain Name System DRM – Digital Rights Management EMI – Electrical and Musical Industries e-tailer – electronic (internet) retailer GE – General Electric IFPI – International Federation of the Phonographic Industry IP – internet protocol ISP – internet service provider LP – long play record M. C. – music cassette MCA – Music Corporation of America mp3 – MPEG2 Audio Layer III – audio compression format P2P – peer-to-peer: computer internet network allowing users to share files PIPA - PROTECT IP Act - Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property Act of 2011 R&B – Rhythm and Blues SME – Sony Music Entertainment SOPA – Stop Online Piracy Act UMG – Universal Music Group VCR – video cassette recorder WEA – Warner-Elektra-Atlantic WMG – Warner Music Group Table of Contents 1 Introduction .................................................................................................... -
Global Music Report 2018 ANNUAL STATE of the INDUSTRY
Global Music Report 2018 ANNUAL STATE OF THE INDUSTRY Global top 10 recording artists of 2017 Untitled-3 1 3/4/18 3:58 PM GLOBAL MUSIC REPORT 2018: STATE OF THE INDUSTRY Welcome · 3 Welcome As an artist, I am privileged to perform One of the crucial roles for record com- before audiences around the world and panies is to support and invest in artists see first-hand how essential music is for and to help them develop for their greatest people from every walk of life. creative and commercial success, so that But even as music’s essence is endur- their music can be enjoyed by fans around ing, much about music is changing. the world. The IFPI Global Music Report tells the It is therefore essential that all music cre- PLÁCIDO DOMINGO story of recorded music’s ongoing journey. ators are fairly compensated for their work. I CHAIRMAN, IFPI Today, artists are reaching music fans in have met with policymakers in Europe and ways I never could have imagined when I elsewhere to call on them to back legislation began my own career. Music is global and that would support this by addressing the increasingly digital. This transformation value gap, thereby ensuring a fair and bal- has been fundamental and rapid and offers anced digital marketplace for all. great opportunities. We are living in an incredibly exciting But we can never forget that music time for recorded music. We must persevere does not just happen. It requires the hard with our efforts to ensure its journey benefits work, commitment, investment and artist- the music creators and fans of today, and ry of so many people. -
Aaron Harrison
Before the UNITED STATES COPYRIGHT ROYALTY JUDGES Library of Congress Washington, D.C. ) In re ) ) DETERMINATION OF ROYALTY ) DOCKET NO. 14-CRB-0001-WR RATES AND TERMS FOR ) (2016-2020) EPHEMERAL RECORDING AND ) DIGITAL PERFORMANCE OF SOUND ) RECORDINGS (WEB IV) ) ) TESTIMONY OF AARON HARRISON Senior Vice President, Business & Legal Affairs, Global Digital Business, UMG Recordings, Inc. PUBLIC VERSION Witness for SoundExchange, Inc. PUBLIC VERSION BACKGROUND 1. I am Senior Vice President, Business & Legal Affairs, Global Digital Business, UMG Recordings, Inc. (“UMG Recordings”), a position I have held since 2013. UMG Recordings, Inc. is the primary recorded music company in the United States for the Universal Music Group. Universal Music Group (hereafter, “Universal”) is the colloquial name for the group of music related companies owned by Vivendi S.A. Together, these companies comprise the world’s largest recorded music company. Along with other members of the Business & Legal Affairs team in the Global Digital Business department, I negotiate deals with various digital music services that use Universal’s repertoire of sound recordings. Such services include on-demand and customized streaming services, download and ringtone stores, locker services, and various types of subscription services. I have negotiated deals on Universal’s behalf for the past nine years. During that time, I have negotiated more than 100 agreements with digital music services. 2. Prior to assuming my current position, I was Vice President, Business & Legal Affairs, eLabs, UMG Recordings. I began my employment with UMG Recordings in 2005 as Director, Business & Legal Affairs, eLabs. Prior to joining UMG Recordings, I was an attorney with the law firm Manatt, Phelps & Phillips, LLP, where my practice focused primarily on talent representation and advising companies in the acquisition of intellectual property and branded entertainment rights. -
CORRECTING and REPLACING Infospace Mobile and the Island Def Jam Music Group Produce First Live Ringtone at Hip Hop Sensation Ludacris' "Red Light District" CD
CORRECTING and REPLACING InfoSpace Mobile and The Island Def Jam Music Group Produce First Live Ringtone at Hip Hop Sensation Ludacris' "Red Light District" CD CORRECTION...by InfoSpace Mobile ATLANTA--(BUSINESS WIRE)--Dec. 2, 2004--Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: INFOSPACE MOBILE AND THE ISLAND DEF JAM MUSIC GROUP PRODUCE FIRST LIVE RINGTONE AT HIP HOP SENSATION LUDACRIS' "RED LIGHT DISTRICT" CD RELEASE PARTY InfoSpace Mobile and The Island Def Jam Music Group are embarking on an industry first today as the leading producer of mobile content and top hip hop label will record and publish the first live music ringtone. The recording will take place at the CD release party for the award winning, multi-platinum Def Jam South artist Ludacris and his highly anticipated 4th album Red Light District tonight in Atlanta. "I wish all my fans could come to Atlanta for this party," said Ludacris. "This will be one of the only ways for my fans to hear me live before I tour!" The deal is indicative of how music artists are embracing the mobile medium as a means to extend their brands, interact with their fans on a personal level and create new revenue streams. In addition to recording four exclusive, live ringtones, InfoSpace Mobile will be offering consumers exclusive Ludacris images through its carrier partners. The first ringtone will be a live recording of the album's first single, "Get Back," and the exclusive images will be from the "Get Back" video, directed by renowned director, Spike Jonze.