UMPG saw annual revenues rise 14.5% at constant currency in 2018, hitting €941m
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Author archives: Tim Ingham
Universal Music Group posts record $7.1bn in 2018 revenues, with a $1bn EBITA
Universal’s recorded music division turned over €4.828bn ($5.73bn) last year, up 10% at constant currency
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Universal fully acquires Ingrooves Music Group
Universal Music Group is acquiring Ingrooves Music Group. UMG has been a minority investor in Ingrooves since 2006, and is thought to currently hold approximately 20% in the independent music distribution and marketing company. By buying the remaining …
Michael Lynton expected to join Warner Music Group’s Board of Directors as Chairman
Ex-Sony Entertainment executive invited into Warner by Len Blavatnik for non-Exec role
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Universal just had ‘the best year for any music company ever’
Major makes bullish claim at Los Angeles Grammy event
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Universal Music Group is being valued at $42bn – and could set in motion a major label sales frenzy
The sale of up to 50% of UMG could tempt Sony and Warner to consider their options
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Scott Cohen is joining Warner – but what’s the plan?
The Orchard co-founder is being brought in to WMG by Max Lousada
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Spotify hit 96m paying subscribers in 2018 – and just posted its first ever operating profit
Firm predicts that subscriber count will reach approximately 122m by end of 2019
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Spotify buys not one, but two podcasting companies: Gimlet Media and Anchor
Rumors in the media last week suggested that Spotify was going to buy a major podcasting company. In the end, it went one better than that. SPOT has just confirmed that it has entered into definitive agreements to acquire New York-based podcasting prod…
Amuse to pay AI-driven royalty advance money to independent artists
Diego Farias’s company adds important financial service to offering
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