Point Blank Student Opportunities: July 2019 (Percolate, Kobalt, UMG & More)

At Point Blank Music School, we strive to provide our students with the best opportunities we can. We know how difficult it can be to break into the industry when you’re starting out, so we aim to help you make as much noise as possible and get noticed by the best in the business. Becoming a student at […]

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Universal boss Sir Lucian Grainge: ‘We owe our artists answers’ over 2008 fire that destroyed masters

“I will ensure that the senior management of this company, starting with me, owns this.”
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Point Blank Student Opportunities: April 2019 (Kobalt, Sónar, ROLI & More)

At Point Blank Music School, we strive to provide our students with the best opportunities we can. We know how difficult it can be to break into the industry when you’re starting out, so we aim to help you make as much noise as possible and get noticed by the best in the business. Becoming a student at […]

The post Point Blank Student Opportunities: April 2019 (Kobalt, Sónar, ROLI & More) appeared first on Point Blank’s Online Magazine.

Apple Music execs JJ Corsini and Chris Hovsepian join Universal in senior Artist Development roles

Both exec join UMG as Senior Vice President, Artist Development
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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
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Revealed: What major labels are paying women compared to men in the UK

Universal, Sony and Warner’s numbers have been revealed
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MON. BRIEF: Will Google By Universal Music? • Spotify Goes On Offensive • SXSW Recap • More

MONDAY 3.18.19
Music Business News From Around The Web
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The global record industry generated $18.8bn last year – with 31% going to Universal Music Group

Universal’s market share increased by 0.6 points to 30.3%
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UMG Revenue Grew 10% In 2018, Streaming Up 37%

Universal Music Group revenue grew 10% to $6.8 billion USD in 2018 when compared to 2017. The “A Star Is Born” soundtrack, Drake, Post Malone, The Beatles and XXXTentacion were the yer’s best sellers for the world’s largest music group. Recorded music revenues grew 9.8% led by streaming revenues which…

Universal Music Group posts record $7.1bn in 2018 revenues, with a $1bn EBITA

Universal’s recorded music division turned over €4.828bn ($5.73bn) last year, up 10% at constant currency
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