UMG appoints Nicola Levy Global Head Of Business Affairs, Digital

PRESS RELEASE:

Universal Music Group (UMG), the world's leading music company, announced today thatNicola Levyhas been promoted to the position of Global Head of Business Affairs, Digital, effective immediately.

In her new role, Levy will oversee a global team of business affairs executives who will help shape digital strategy and negotiate Universal Music's agreements with existing and prospective digital partners. Levy, who is relocating toSanta MonicafromLondon, will report toJeff Harleston, Universal Music Group's Global General Counsel and Executive Vice President of Business & Legal Affairs.

"We are extremely fortunate to have Nicola navigating our way through the ever-shifting digital landscape in the music industry," Harleston said. "She has distinguished herself as an intelligent, thoughtful and collaborative deal maker and is respected by her colleagues and our business partners. I'm thrilled she has agreed to take on this new role and will join us inSanta Monica."

"I am immensely excited to take on this role and to be working with such a talented team," Levy said. "This is an incredibly dynamic time for the entire music industry, as our business rapidly adapts to the rising popularity of streaming and other forms of digital consumption."

For the past nine years, Levy worked in Universal Music Group's Global Digital Business division serving most recently as Head of Business Affairs, Digital, at Universal Music Group International and previously Vice President of Business Affairs. Levy earlier served as Vice President of Business Affairs for Universal Music Mobile, based inParis, and Director of Business Affairs inLondonworking for Universal Music Group International and the Decca Music Group.

Before starting at Universal Music Group in 2000, Levy worked at Clintons, aLondon-based law firm that specializes in sports, entertainment and media law. She holds a Masters Degree in Law and Philosophy from theUniversity of Cambridge.