Universal Music Disputes Severity of 2008 Fire Cited in New York Times Article

master recordings were destroyed, the company has issued a statement disputing the characterization of the damage it caused to the company’s archives, saying the article contains “numerous inaccuracies, misleading statements, contradictions and fundamental misunderstandings of the scope of the incident and affected assets.”

However, it does not dispute that damage to the archives — which saw the destruction of 500,000 recordings, according to an estimate in a 2009 confidential UMG report cited in the article — was extreme.

Citing UMG documents, the article says the structure in question, Building 6197, was UMG’s main west coast storehouse of masters and a primary storage facility for the company, holding “analog tape masters dating back as far as the late 1940s, as well as digital masters of more recent vintage.

UMG’s internal assessment of the event stands in contrast to its public statements. In a document prepared for a March 2009 “Vault Loss Meeting,” the company described the damage in apocalyptic terms. “The West Coast Vault perished, in its entirety,” the document read. “Lost in the fire was, undoubtedly, a huge musical heritage.”

Source: News Formal (newsformal.com)

UMG Because of course they did.

UMG I just bet they do.

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