Universal’s streaming revenues will smash past $2bn this year

Total company revenues will get somewhere near (or even above) $6bn
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‘We have shown that great records from anywhere in the world can become hits’

Universal Music Latin Entertainment boss Jesús López on Despacito and the worldwide explosion of Latin Music
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How Mika sold 10m albums… then reinvented himself as an award-winning TV star

The musician is a televised superstar in Italy – and has some things to say about Sir Lucian Grainge
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Universal launches startup ‘Accelerator Network’ in bid to find the next Spotify

Michael Nash hails network as opportunity for reciprocal value
The post Universal launches startup ‘Accelerator Network’ in bid to find the next Spotify appeared first on Music Business Worldwide.

Changes at Universal Music Germany as Daniel Lieberberg departs after 16 years

Tom Bohne promoted to run domestic labels in Berlin
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Jo Charrington promoted to co-President of Capitol Records UK

A&R specialist steps up to same level as long-term colleague Nick Raphael

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Universal Music UK hires Stefan Demetriou to drive forward ‘visual A&R’ strategy

David Joseph says Universal’s investment in audiovisual content can’t be matched elsewhere

The post Universal Music UK hires Stefan Demetriou to drive forward ‘visual A&R’ strategy appeared first on Music Business Worldwide.

The 2017 music streaming cash bonanza: How the major labels stack up

The majors will generate $5bn from streaming this year – but who’s king of the jungle?
The post The 2017 music streaming cash bonanza: How the major labels stack up appeared first on Music Business Worldwide.