Spotify needs major labels and publishers, and major labels and publishers need Spotify. But that doesn’t mean they have to like each other. Several months ago, Spotify unveiled an interesting plan. The company would offer select indepen…
Category archives: umg
Latest Industry: Music Tourism in Tennessee, YouTube Premium, Spotify, Aretha Franklin, Viagogo, ECM Records, More…
People still love to visit Tennessee. At the Musicians Hall of Fame in Nashville, Tennessee Governor Bill Haslam revealed record figures from tourism in the state – $20.7 billion. Tourism has aided local government across all 95 counties, with each co…
Tencent Music’s $30 Billion IPO Is Reportedly Arriving In a Matter of Weeks
Expect Spotify to earn a massive windfall from Tencent Music’s upcoming IPO launch. According to a new report, Tencent Music has already set a date for its IPO in the US. Citing IPO Zaozhidao, a reputable WeChat-based news blog, TechNode reports Tencen…
Should the Music Industry Force ISPs to Become Copyright Enforcement Agents?
Grande Communications argues that no, American internet service providers shouldn’t have to do the music industry’s job. Yesterday, a federal judge dealt Cox Communications a fatal blow in its bitter case against BMG. Judge Liam O’Grady ruled in favor …
The Music Industry Generated $43 Billion in Sales Last Year. Artists Only Received 12%.
Major labels and tech companies now earn billions from artists’ work. Well, here’s a small consolation – at least they get to keep the breadcrumbs. Earlier today, for the period ended June 30th, 2018, Warner Music Group (WMG) CEO Steve Cooper re…
Major Record Labels Sue Cox Communications for Over $1.5 Billion
Has Cox Communications knowingly profited from subscribers’ willful copyright infringement? Sony Music, Universal Music Group (UMG), Warner Music Group (WMG), and a host of other labels have filed a lawsuit against Cox Communications. Filed in the US D…
Latest Industry: UMG, YouTube Stories, Apple HomePod, BBC Radio, Deezer, BASCA, Pogoseat, More…
Could UMPG reach $1 billion this year? According to MBW’s analysis of Vivendi’s quarterly results, Universal Music Publishing Group (UMPG) could become a $1 billion company by the end of this year. Thanks in large part to Post Malone’s Bentleys & …
Latest Industry: UMG, SOCAN + SODRAC, iHeartRadio, Radar Radio, Apple Music, Paradigm, Cherry Glazerr, More…
UMG earns over $50 million a week from streaming. Vivendi, Universal Music Group (UMG) parent company, has revealed Universal Music Group’s labels generated $1.44 billion in streaming revenue for the first half of 2018, or around $55 million a week. U…
Latest Industry: YouTube, Sasquatch!, Sony/ATV, Songkick, Instagram, Maynard James Keenan, Triller, More…
Sony/ATV, Stellar Songs, and MER launch Stellar Songs Scandinavia. MER, a Norwegian independent music company, has entered into a worldwide publishing joint venture with Stellar Songs and Sony/ATV Music Publishing Scandinavia. The agreement – which es…
Latest Industry: Parlophone, Columbia, Spotify Exodus, Apple Music, Mass Appeal, UMG, Alicia Keys, More…
A Danish court sentences anti-piracy lawyers to prison. A court in Denmark has sentenced three anti-piracy lawyers to more than ten years in prison. They had siphoned millions of dollars from the movie and TV industries while working at the Johan Schl…