Associate Manager, Business Affairs at Universal Music Group

Santa Monica, California, United States

Universal Music Group Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Music, EntertainmentIndustries

Requirements

  • BA degree required
  • 5 years of working with and understanding artist contracts
  • Entertainment/Music experience preferred
  • Ability to influence and negotiate
  • Must be able to work under time constraints
  • Ability to multi-task and juggle competing priorities
  • Must have excellent verbal, written, and interpersonal communication skills
  • Ability to keep information confidential
  • Must be a self-starter with the ability to assess and analyze opportunities and issues
  • Extremely well organized
  • Ability to work well with others
  • Proficient in Microsoft Office 365

Responsibilities

  • Research artist agreements in regard to the exploitation of the Universal catalog to be reissued by UME or by third parties
  • Research the Universal catalog to unlock ancillary rights
  • Maintain and organize files including all relevant correspondence
  • Maintain relevant files in the computer-based licensing system
  • Assist in department and company projects as needed

Skills

Audio Licensing
Artist Agreements Research
Catalog Research
Licensing Agreements
Financial Analysis
Accounts Payable
Accounts Receivable
Business Affairs
Contract Management
Financial Reporting

Universal Music Group

Global music recording, publishing, and distribution

About Universal Music Group

Universal Music Group (UMG) operates as a major player in the global music industry, engaging in recording, publishing, and distribution across over 60 countries. The company works with a wide range of clients, from famous artists like Elton John and Taylor Swift to new and independent musicians. UMG's operations include selling physical and digital music, streaming services, licensing music for various media, and organizing live performances. The company signs artists to contracts, produces their music, and manages their publishing rights, while also offering marketing and promotional services to help artists expand their reach. UMG generates revenue through multiple channels, including music sales, streaming subscriptions, licensing fees, live performances, and merchandise. This diverse approach allows UMG to maintain its leadership position in the music market by providing comprehensive support to artists and capitalizing on various revenue opportunities.

Santa Monica, CaliforniaHeadquarters
1934Year Founded
$3,890.9MTotal Funding
IPOCompany Stage
Consumer Goods, EntertainmentIndustries
10,001+Employees

Benefits

Competitive Salary
401k
Flexible PTO
Medical, dental, visiion insurance
Student Loan Repayment Assistance & Tuition Reimbursement
Well-Being Allowance

Risks

Legal battle with Drake over 'pay-for-play' could harm UMG's reputation.
Downtown Music acquisition may face regulatory scrutiny, delaying expansion plans.
AI partnership with Amazon may not fully address evolving AI content challenges.

Differentiation

UMG leads the music industry with a diverse global presence in 60+ countries.
UMG's artist-centric streaming model enhances engagement and revenue for musicians.
UMG's strategic partnerships, like with Amazon, bolster innovation and content protection.

Upsides

UMG's acquisition of Downtown Music boosts its independent music sector presence.
Partnership with KLAY Vision positions UMG as a leader in AI-driven music innovation.
Collaboration with WPP enhances UMG's marketing capabilities and global reach.

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