UPDATE (good news this time):
"MASTERS NOT DESTROYED BY UNIVERSAL FIRE: Reports that this weekend’s fire on the Universal Studios back lot destroyed a video vault which housed thousands of original Decca, MCA and ABC recording masters, including a wide range of music from Bing Crosby and the Andrews Sisters to Judy Garland and the Carpenters, are unfounded. A UMG spokesperson insists: "Thankfully, there was little lost from UMG's vault. A majority of what was formerly stored there was moved earlier this year to our other facilities. Of the small amount that was still there and waiting to be moved, it had already been digitized so the music will still be around for many years to come. And in addition to being digitized, physical back-up copies."
Apparently, the writer of that other article jumped the gun.