Universal Music Group - PowerPoint PPT Presentation

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Universal Music Group

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Universal Music Group (UMG) recognizes the internet as an effective way to ... improve UMGs 'online presence' consists buying ownership in YouTube and teaming ... – PowerPoint PPT presentation

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Title: Universal Music Group


1
Universal Music Group
  • By Patrick Keating
  • Hayley Fox
  • Brett MacKay
  • Geoff Crain

2
Interesting Facts
3
Trends
  • The industry is constantly improving their
    technology. i.e The evolution from cassettes to
    CDs.
  • Universal Music Group (UMG) recognizes the
    internet as an effective way to distribute, and
    sell products globally.
  • Steps to improve UMGs online presence consists
    buying ownership in YouTube and teaming up with
    the company SpiralFrog.

4
The Big 5
  • Universal Music Group
  • Warner Music
  • EMI Group
  • Sony Music Group
  • BMG Entertainment

5
SWOT ANALYSIS
  • STRENGTHS
  • Low threat of new entrees
  • Leading the music industry in global sales of
    music products
  • Dominance in cellular market
  • Customer loyalty
  • Knowledgeable employees/ Music specialists (DOUG
    MORRIS)
  • Large range and selection of products
  • WEAKNESSES
  • Loss of sales due to illegal downloading of music
    of the Internet
  • Loss of new artist signings to other companies
    within The Big 5
  • OPPORTUNITIES
  • Expanding and developing new products to sell
  • Ability to provide free online music
  • Signing the new and popular upcoming artists
  • Continuous expansion of entire company to other
    countries
  • THREATS
  • Emerging threats of new independent music labels
  • Illegal, free downloading (Piracy)
  • Constant competition The Big 5
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