Post Malone goes platinum in just 4 days. The Recording Industry Association of America has certified platinum Post Malone’s sophomore album, Beerbongs & Bentleys. Thanks to the popularity of his hit single, ‘Rockstar,’ the …
Category archives: umg
Latest Industry: Sonos, Spotify, the EU, Lyor Cohen, Spinal Tap, Blockchain, EMPIRE, UMG, More…
Spotify arrives on Sky Q. Sky has announced that customers can now access Spotify on their Sky Q boxes. On the homepage, Sky Q customers can find the streaming music service app. They can stream music on Spotify’s app-supported tier o…
Latest Industry: Sonos, Spotify, the EU, Lyor Cohen, Spinal Tap, Blockchain, EMPIRE, UMG, More…
Spotify arrives on Sky Q. Sky has announced that customers can now access Spotify on their Sky Q boxes. On the homepage, Sky Q customers can find the streaming music service app. They can stream music on Spotify’s app-supported tier o…
Latest Industry: Live Nation, Spotify, Latin Music, YouTube, Pandora, Gibson, Shazam, Prince, Distrokid, More…
Get your $20 concert tickets while they last. Live Nation has announced that ‘National Concert Week’ will take place April 30th through May 8th. The promoter will offer exclusive $20 all-in tickets for music fans to celebrate the kick…
YouTube Remix Scores Licensing Deals With Major Labels
With YouTube Remix, parent company Alphabet is one step closer to launching yet-another paid streaming music service. Last week, Digital Music News wrote on YouTube’s upcoming paid streaming music platform. According to “people familiar with the matte…
1,993 Women Think the Swedish Music Industry Has a Problem
Sony, WMG, and UMG commended the courage of the women who spoke out against sexism in the Swedish music industry. Nearly two thousand women have signed their name in an open letter calling for the end of sexual abuse in the Swedish music industry. Amo…
Like Tasty Cheese Puffs, Get Ready for a Universal Music Group IPO
As Universal Music Group keeps posting record revenue numbers thanks to streaming, Vivendi apparently has three letters in mind: I-P-O. In late April, investment banks wanted to persuade Vivendi to offer Universal Music Group for an IPO. According to Reuters, bankers told Vivendi that “selling 10 to percent of UMG would provide funds for other […]
The post Like Tasty Cheese Puffs, Get Ready for a Universal Music Group IPO appeared first on Digital Music News.
UMG to Prince Estate: Give Us Back Our $31 Million
So, why did Universal Music Group suddenly back out from their deal of streaming Prince albums? Fraudulent inducement. A month ago, music executives at Universal Music Group secured a very important streaming deal. The music label would stream Prince’s catalog released since 1995. They would also have access to the entire catalog of Prince’s recordings […]
The post UMG to Prince Estate: Give Us Back Our $31 Million appeared first on Digital Music News.
Universal Music Group Has Its Best Financial Quarter In 15 Years
Reports of major label deaths have been greatly exaggerated! Not only is Universal Music Group not dead, they’re experiencing strong, double-digit growth. If you’re wondering who’s making money off of streaming, you’ve found the answer. Because not only is Universal Music Group cleaning up on platforms like Spotify, they’re now experiencing double-digit revenue growth as […]
The post Universal Music Group Has Its Best Financial Quarter In 15 Years appeared first on Digital Music News.
I’m Warning You, Universal Music Group. Don’t Make This 1 Stupid Mistake…
Windowing albums for Spotify’s premium users? I applaud you, UMG. Making those albums exclusive to Spotify? I will burn you, Universal Music Group. I woke up this morning to some pretty game-changing news. Universal Music Group and Spotify had finally completed a long-term licensing deal. Which means a lot of things, including that Spotify’s once-hopeless […]
The post I’m Warning You, Universal Music Group. Don’t Make This 1 Stupid Mistake… appeared first on Digital Music News.