Universal Music Group | March 02, 2022

Universal Music Group (UMG), the world leader in music-based entertainment, today announced the acquisition of the entirety of Neil Diamond's historic song catalog through Universal Music Publishing Group (UMPG), its leading global publishing division, as well as the rights to all recordings from his career, including 110 unreleased tracks, an unreleased album and archival long form videos.

The deal builds upon UMPG's existing relationship with Diamond, as the company has served as his publishing administrator since 2014. Additionally, UMG's agreement with Diamond cements a professional homecoming, reuniting his early Bang recordings and post-1972 recordings with those he recorded exclusively with UMG's MCA Records between 1968 and 1972, a period in which he created and released hits such as "Sweet Caroline," "Holly Holy," and the chart-toppers "Cracklin' Rosie" and "Song Sung Blue." Since 2013, UMG and Diamond have enjoyed a fruitful recording agreement and licensing deal for the non-MCA recordings through its Capitol Music Group division and Universal Music Enterprises (UMe), a close working relationship that produced three albums.

Under the new agreement, which includes previously unreleased tracks, UMG will also record and release Diamond's future music, should he decide to return to the studio.

After nearly a decade in business with UMG, I am thankful for the trust and respect that we have built together and I feel confident in the knowledge that Lucian, Jody, Bruce, Michelle and the global team at UMG, will continue to represent my catalogue, and future releases with the same passion and integrity that have always fueled my career."

Neil Diamond.

Neil Diamond is by definition, a truly universal songwriter. His immense songbook and recordings encompass some of the most cherished and enduring songs in music history. Through our existing partnership, we are honored to have earned his trust to become the permanent custodians of his monumental musical legacy."

Sir Lucian Grainge, Chairman and CEO of Universal Music Group.

A Brooklyn native, Diamond was inspired to become a songwriter when he was still a teenager, after Pete Seeger performed at his summer camp and Diamond saw fellow campers sharing their own music with the celebrated folksinger. Some years later, Diamond ended up dropping out of New York University to pursue his creative dream full time, only to endure several very lean years as a freelance songwriter, often subsisting on hot dogs and hard candy.

Diamond finally broke through when he stopped writing for others and started exploring songs about his own experiences and feelings. His ideas and authentic voice ultimately gave rise to a global career that inspired not just millions of fans, but also some of the world's finest performers.

Diamond's work has become woven into the very fabric of American popular culture in other ways, too. "Sweet Caroline" is one of a handful of pop anthems that compel fans of all abilities (or none at all) to sing along with unrestrained joy, as Red Sox fans do during their seventh inning stretch in Boston's Fenway Park. Perhaps it is fitting that "Sweet Caroline" has become entwined with America's pastime, because Diamond's own ascent – one of aspiration, determination, and the sweetness of success – is a quintessentially American story. But his reach extends far beyond America, with the song sung on soccer terraces in the U.K. by supporters of the English national team, at ice hockey games in Canada, and by WBC World Heavyweight boxing champion Tyson Fury, serenading the crowd at the MGM Grand Garden arena in Las Vegas following his knockout victory over Deontay Wilder.

As previously announced, the world premiere of The Neil Diamond Musical: A Beautiful Noise, a new musical production from Ken Davenport and Bob Gaudio, inspired by his life will open for a strictly limited six-week engagement at Boston's Emerson Colonial Theatre on Tuesday, June 21, before heading to Broadway, with tickets on sale in early March.

Diamond's accolades, among others, include a Grammy, a Golden Globe, Kennedy Center Honors and an ASCAP Film and Television Music Award, as well as induction into both the Songwriters Hall of Fame and Rock & Roll Hall of Fame. Such achievements reflect Diamond's relentless devotion to his craft, and his songs' enduring appeal to hope.

By acquiring Diamond's entire catalog, all masters and unreleased concert video – and through ongoing collaboration with the artist himself – UMG is determined that new and growing audiences will remember this unmatched singer and his music for generations to come.

Neil Diamond was represented in the transaction by Gene Salomon from Gang, Tyre, Ramer, Brown & Passman, Inc. and his manager Katie Diamond.

About Universal Music Group
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans.


The Virtual Reality has already rung the bells and given the signals on being the next-big-thing in the technology world. We can acknowledge the fact that VR is a big deal in the near future. This article reveals a research that said that global search interest in VR grew 4x over the last year alone.


The Virtual Reality has already rung the bells and given the signals on being the next-big-thing in the technology world. We can acknowledge the fact that VR is a big deal in the near future. This article reveals a research that said that global search interest in VR grew 4x over the last year alone.

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Amagi acquires Streamwise to add more power to its streaming data analytics solutions

Amagi | November 24, 2022

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AWS Announces General Availability of Amazon EC2 Trn1 Instances Powered by AWS-Designed Trainium Chips

AWS | October 11, 2022

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Azerion acquires AdPlay and strengthens Italian digital advertising foothold

Azerion | November 25, 2022

Azerion has announced the acquisition of AdPlay, an Italian based digital advertising platform. Together, the companies will provide advertisers with access to even larger audiences in Italy through exciting new formats and content like digital out of home and first look at highly relevant sports content. At the same time, publishing partners will benefit from the additional revenues and advertising formats Azerion will bring to them. “I am pleased to announce the acquisition of AdPlay and strengthen our advertising business in Italy. The AdPlay team is a perfect fit with our Azerion culture, and their local expertise and experience will add to our ability to help our Italian customers to get the results they need from their advertising budgets. I am also very excited to welcome AdPlay’s Italian partners to the Azerion platform and grow our business together with them as well as extending our connected TV and digital out of home reach in the local market.” -Umut Akpinar, co-CEO of Azerion Azerion will integrate AdPlay’s digital cross-media solutions and campaign performance management, adding to its robust current offering in these areas. AdPlay exclusively represents some of the most relevant Italian publishers and has been pioneering the digital out of home market in Italy. Through this acquisition, Azerion will strengthen its position in Italy and increase its relevance as a partner that delivers easy, impactful and affordable access to large and diverse audiences through highly engaging content. Additionally, AdPlay recently launched Veedly, a dedicated solution focused on the distribution of on-demand multimedia content from the world of sports. Veedly is already cooperating with various sports leagues. The aggregated consideration is a combination of cash and shares. In total, 580,470 treasury shares were transferred to the selling shareholder. The transaction is effective as of 11th November 2022. AdPlay generated approximately €12 million gross revenue in 2021. This announcement follows various previous acquisitions in 2022, as Azerion continues to execute on its growth strategy. So far this year, Azerion has acquired an estimated annualised revenue in the range of €100 million to €125 million for a total aggregated consideration (combination of cash and shares) in the range of €90 million to €100 million. About Azerion Azerion is a high-growth digital entertainment and media platform. As a content-driven, technology and data company, Azerion serves consumers, digital publishers, advertisers, and game creators globally. Azerion’s integrated platform provides technology solutions to automate the purchase and sale of digital advertising for media buyers and sellers, supported by in-market sales and campaign management teams. Through our technology, content creators, digital publishers and advertisers work with Azerion to reach the millions of people across the globe that play Azerion’s games and view its distributed entertainment content to increase engagement, loyalty, and drive e-commerce. Founded in 2014 by two Dutch entrepreneurs, Azerion has experienced rapid expansion driven by organic growth and strategic acquisitions. Azerion is headquartered in Amsterdam, the Netherlands and is a publicly traded company listed on Euronext Amsterdam. For more information visit: About AdPlay AdPlay is a tech media company focused on the development of proprietary solutions for Publishers and Brand advertisers. AdPlay Media Holding is a strategic partner for the implementation of digital transformation and innovation plans, through its owned technologies and tailored consulting services.

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