Universal exec Will Tanous receives Ellis Island Medal of Honor

Award is presented to those ‘who have distinguished themselves within their own ethnic groups while exemplifying the values of the American way of life’
The post Universal exec Will Tanous receives Ellis Island Medal of Honor appeared first on Music Bu…

Universal is becoming more global – but, like the record industry, it’s actually becoming more American too

How the United States has increased its financial power in the global record industry in the past few years
The post Universal is becoming more global – but, like the record industry, it’s actually becoming more American too appeared first on Mus…

Universal to develop premium original podcasts in partnership with independent publisher Wondery

Podcasts produced under the agreement will be available globally
The post Universal to develop premium original podcasts in partnership with independent publisher Wondery appeared first on Music Business Worldwide.

Universal close to generating $10m per day from streaming, as Q1 label revenues grow 19.2%

Firm’s biggest-selling artists in Q1 were Ariana Grande, the A Star Is Born soundtrack, Back Number, Queen and Billie Eilish
The post Universal close to generating $10m per day from streaming, as Q1 label revenues grow 19.2% appeared first on Music Bus…

Amy Jeninga promoted to VP, Digital Strategy at Universal Music Canada

‘I’m thrilled to be taking on this new challenge and working with such an innovative, forward-thinking team.’
The post Amy Jeninga promoted to VP, Digital Strategy at Universal Music Canada appeared first on Music Business Worldwide.

Big question: Could Google buy Universal Music Group?

Google tried to buy 50% of Sony/ATV a few years ago. Could it come again for a rightsholder?
The post Big question: Could Google buy Universal Music Group? appeared first on Music Business Worldwide.

Liberty Media: We’re still interested in buying a stake in Universal – but we’d probably prefer to control it

“Would we prefer a path to control? Usually in life we do…”
The post Liberty Media: We’re still interested in buying a stake in Universal – but we’d probably prefer to control it appeared first on Music Business Worldwide.

Tencent and KKR are mulling $22.7bn Universal Music Group bids – report

Potential bids would value Universal at around $46bn
The post Tencent and KKR are mulling $22.7bn Universal Music Group bids – report appeared first on Music Business Worldwide.

The major labels generated over $1.5bn more from streaming in 2018 than they did in the previous year

Majors now turning over the equivalent of $19m a day from the likes of Spotify
The post The major labels generated over $1.5bn more from streaming in 2018 than they did in the previous year appeared first on Music Business Worldwide.

Universal Music Group valuation hits $50bn – as Vivendi seeks ‘half dozen’ investment bank partners

“[UMG] owns undermonetized, must-have, global content that is strategic to the tech giants and can’t be replicated.”
The post Universal Music Group valuation hits $50bn – as Vivendi seeks ‘half dozen’ investment bank partners appeared first…