Business, Services And Guides For Music Labels
Spotify’s licensing agreement with Universal Music Group is just what the Wall Street doctor ordered. But can the trick be duplicated with Sony Music and Warner? Several weeks ago, some pretty interesting details started leaking to the Financial Times. What insiders said was this: Spotify needed longer-term, lower-royalty deals with the major labels if they […]
The post Spotify’s IPO Is Back on Track With a Juicy UMG Deal appeared first on Digital Music News.
For Universal Music Group, Sony Music, and Warner Music Group, there’s no stopping revenue from streaming. Yet, how much are artists really getting? Under Vivendi ownership, Universal Music Group posted their best financial performance thus far. Across recorded music, publishing, and other activities, UMG’s overall revenues rose by $5.57 billion. This number is up 4.4% […]
The post UMG Alone Earns $4.5 Million a Day from Streaming appeared first on Digital Music News.
UMG deal replaces a partnership agreed with Universal in 2011 that saw Alex Da Kid create his own label with Interscope Records
The post UMG signs ‘multi-faceted’ deal with Alex Da Kid’s KIDinaKORNER appeared first on Music Business Worldwide.
So, who owns the right to Prince’s catalog? TIDAL? Roc Nation? Universal? Anybody? Several days ago, DMN reported that Jay Z and his company TIDAL never secured the rights to play Prince’s catalog on the service. According to the late singer’s estates, they don’t have the authorization to do so. This news could potentially cost […]
The post TIDAL and Roc Nation Claim to Own Exclusive Rights to Prince’s Catalog appeared first on Digital Music News.
Once again, despite licensing issues with Spotify, music streaming pushes industry revenue way, way up. Universal Music Group reported $1.1 billion in music streaming revenue alone between January and September of this year. This marks a 64.3% increase from the same period last year. Vivendi’s 3Q 2016 report shows that its Universal Music Group unit […]
The post Vivendi and UMG Post $1.1 billion in Music Streaming appeared first on Digital Music News.
Time to cut out the middle man and reap the benefits. Across the Atlantic, 2 of the Big 3 labels are planning on launching a brand new music streaming service in the UK. The service will be known as “Now That’s What I Call Music.” This will be a joint venture between Sony Music and […]
The post Sony Music and UMG Partner To Launch Music Streaming App in the UK appeared first on Digital Music News.
So much for timed exclusives. Frank Ocean’s much-hyped second album, which was supposed to be an Apple Music exclusive for at least two weeks, is now available to be streamed on Pandora, whether you’re a premium user or happen to have a free account. Sounds like a good deal, right? You don’t have to sign-up […]
The post Frank Ocean’s Blonde Is Now Streaming on Pandora appeared first on Digital Music News.
According to documents obtained by Digital Music News, Derek E. Miller and Sydney Alexis Krauss, better known by their indie rock band name, “Sleigh Bells,” have filed a lawsuit in a California U.S. District Court against Demetria Lovato, known by her stage name Demi Lovato, and Universal Music Group. The lawsuit states that Lovato’s song […]
The post Today’s Music Lawsuit: Demi Lovato Sued for Plagiarism by Sleigh Bells appeared first on Digital Music News.
The three major labels, University, Sony, and Warner, in their push to find the next top singing sensation, have teamed up with both Spotify and Norwegian-based Nordic World in The Stream, a brand-new musical talent show in Norway. This isn’t just a Norwegian American Idol, with The Stream’s premise seeming simple enough. According to a […]
The post UMG, Sony, and WMG Team Up With Nordic World For Spotify-Based Music Competition appeared first on Digital Music News.