November 26, 2014 3:26 PM ET

Internet and Catalog Retail

Company Overview of X5 Music Group AB

Company Overview

X5 Music Group AB, a digital music company, operates in the digital download market. It licenses digital rights from various media partners for the sale and marketing of music. The company offers alternative, blue, classical, country, jazz, pop and rock, season, and soul music. It markets and sells products through online music stores, mobile operators, and mobile handset manufacturers in Sweden and internationally. The company has consultants in Europe and Asia. X5 Music Group AB was founded in 2004 and is headquartered in Stockholm, Sweden with an additional office in New York, New York.

Slussplan 9

Stockholm,  111 30

Sweden

Founded in 2004

Key Executives for X5 Music Group AB

Chief Executive Officer and Director
Compensation as of Fiscal Year 2014.

X5 Music Group AB Key Developments

Universal Music Group and X5 Music Group Launch U5

Universal Music Group and X5 Music Group have launched U5, a partnership to produce digital compilation albums from the music and artists of Universal’s famous Decca, Deutsche Grammophon, Verve and Blue Note Records labels. U5 will curate and release more than 50 digital albums per month which will be made available around the world through all digital platforms. The first slate of U5 releases, which are available to download and buy now, include the new '50 Greatest' series which has launched with 'The 50 Greatest Violin Pieces' by Joshua Bell, 'The 50 Greatest Piano Pieces' by Lang Lang and 'The 50 Greatest Performances of Classical Music' compilation.

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