Category archives: Universal Music Group

Universal’s TuneCore rival Spinnup gives away free single upload to artists during COVID-19 lockdown

Spinnup has now worked with 80 artists who have gone on to sign to Universal labels
The post Universal’s TuneCore rival Spinnup gives away free single upload to artists during COVID-19 lockdown appeared first on Music Business Worldwide.

Student Success April 2020: Villette & João Assunção

Welcome back to another edition of Point Blank Student Success. This month we spoke to the Injazero Records label owner, Siné Buyuka aka Villette and Ferocious Talent’s João Assunção. We compile these every month showcasing students that have studied with us for any length of time at any of our locations: London, Los Angeles, China, Ibiza, Mumbai, and Online. Read on below to […]

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Universal Music Group braces for physical, ad streaming downturn, but says subscription is ‘more stable and robust’

Major record company addresses the potential impact of COVID-19 on its business
The post Universal Music Group braces for physical, ad streaming downturn, but says subscription is ‘more stable and robust’ appeared first on Music Business Wo…

Universal’s streaming revenues topped $1bn in Q1, with total recorded music up 13.1%

Japan’s King & Prince were company’s biggest sellers in quarter
The post Universal’s streaming revenues topped $1bn in Q1, with total recorded music up 13.1% appeared first on Music Business Worldwide.

Lawsuit over Universal Music warehouse fire dismissed by judge

Litigation followed a New York Times article in which it was claimed that up to 500,000 master recordings were damaged in the fire
The post Lawsuit over Universal Music warehouse fire dismissed by judge appeared first on Music Business Worldwide.

Done deal: Tencent-led consortium completes $3.4bn acquisition of 10% of Universal Music Group

“Vivendi is very happy with the arrival of the Tencent-led consortium. It will enable UMG to further develop in the Asian market.”
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How Universal Music Group is responding to the COVID-19 pandemic

“We offering various forms of assistance to help artists, songwriters and independent labels affected by COVID-19 weather these challenging times.”
The post How Universal Music Group is responding to the COVID-19 pandemic appeared first on Music Busin…

Universal boss Sir Lucian Grainge diagnosed with Coronavirus in Los Angeles (report)

Grainge is reportedly receiving treatment at Los Angeles’ UCLA Medical Center
The post Universal boss Sir Lucian Grainge diagnosed with Coronavirus in Los Angeles (report) appeared first on Music Business Worldwide.

The global recorded music business generated over $50m a day last year – and more than $2m of it went to DIY artists

Midia Research’s numbers suggest DIY artists took a 4.1% market share, with Universal Music Group on 30%
The post The global recorded music business generated over $50m a day last year – and more than $2m of it went to DIY artists appeared first on Mus…