UNIVERSAL MUSIC GROUP ANNOUNCES ITS COMMITMENT TO MAKE MUSIC AVAILABLE ON DVD-AUDIO IN SECOND HALF OF 2003
Santa Monica, California, March 28, 2003 – Universal Music Group (UMG), the world’s largest music company, today announced its commitment to make music available on DVD-Audio (DVD-A). Beginning with twenty U.S. releases slated for the second half of 2003, UMG plans an ongoing program to make a combination of best-selling artists and core catalog titles available on DVD-Audio in major markets worldwide.
Most recordings will be re-mixed and remastered from the original multi-track masters to take advantage of the superior Advanced Resolution surround and stereo sound quality now possible with DVD-Audio. Many of UMG’s DVD-Audio discs will take advantage of the format’s ability to include bonus enhanced content including photos, biographies, lyrics, discographies and videos. UMG DVD-Audio discs will also play on existing DVD-Video players using Dolby Digital™ surround sound.
“Universal has always played a leading role in the development and implementation of new technologies and formats,” said Larry Kenswil, President, eLabs, Universal Music Group. “Over the past five years DVD has established itself as one of the fastest growing formats. The huge penetration of DVD makes DVD-Audio a natural progression for music lovers who are already owners of DVD players, taking them from the familiar world of stereo to the 21st Century world of multi-channel surround sound.”
About Universal Music Group
Universal Music Group is the world’s leading music company with wholly-owned record operations or licensees in 63 countries. Its businesses also include Universal Music Publishing Group, one of the industry’s largest global music publishing operations.
Universal Music Group consists of record labels Decca Record Company, Deutsche Grammophon, Interscope Geffen A&M Records, Island Def Jam Music Group, Lost Highway Records, MCA Nashville, MCA Records, Mercury Records, Motown Records, Philips, Polydor, Universal Music Latino, Universal Records, and Verve Music Group as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalog of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Strategic Marketing & Commercial Affairs (outside the U.S.). Universal Music Group also includes eLabs, a new media and technologies division.
Universal Music Group is a unit of Vivendi Universal, a global media and communications company.