However, reports of Bo Diddly's death are sadly accurate.
What got damaged? Well, they aren't exactly saying yet, but the reports I'm seeing look as is music masters stored in rented space in the video vault. (Uni Records is a separate organization from the film and TV Universal but were renting vault space from them. Confused yet?) According to this report, they managed to save the video backups but lost the music masters, which, apparently hadn't been backed up.
I know it's popular to pile on Uni and Doug Morris, I've done it here, and they usually deserve it. But, depending on how forward thinking they were about making safety copies, this could be a devastating loss for music lovers.
Anyway, I'll be curious to hear what the official statement is on this and what was lost.