Warner Music Group has entered into a licensing deal with fast-growing music discover app Audiomack. The partnership marks Audiomack’s first with a major label. The streaming service, which allows independent artists to upload an unlimited amount of music for free, says it has achieved 210% year-over-year growth in daily active…
Category archives: WMG
Audiomack inks first major label licensing deal with Warner Music Group
Companies will work together on content concepts and explore ways to break emerging artists
The post Audiomack inks first major label licensing deal with Warner Music Group appeared first on Music Business Worldwide.
Warner Music Group Reports Another Solid Quarter
Warner Music Group reported a solid Q3 that mirrors gains throughout the recorded music industry driven by streaming, Total quarterly revenue grew 10.4% with 12.5% growth in streaming revenue. Highlights • Total revenue grew 10.4% or was up 13.4% in constant currency • Digital revenue grew 12.5% or was up…
Former WMG Exec Lori Feldman To Become CMO At Paradigm
Paradigm has hired Lori Feldman for the newly created role of Chief Marketing Officer for the talent agency. In her new gig, Feldman will oversee brand and marketing efforts for Paradigm’s clients in music, and will focus on developing brand and opportunities for the agency’s talent and literary clients. Feldman…
Warner Music Denmark partners with UK’s Absolute for new Alphabeat album
First album in six years due for release in Q4 2019
The post Warner Music Denmark partners with UK’s Absolute for new Alphabeat album appeared first on Music Business Worldwide.
Can Major Labels Survive The Indie Music Revolution?
At the heart of the music business almost since its inception, major labels have successfully weathered multiple challenges to their industry dominance. But as music once again reinvents itself, can the major labels continue cling to power? ____________________________ Guest post by Bobby Owsinski of Music 3.0 Major record labels have…
West End & Broadway musical theatre label First Night Records acquired by Warner Music Group
First Night has recorded the likes of Les Misérables, Mary Poppins, Miss Saigon, My Fair Lady and more
The post West End & Broadway musical theatre label First Night Records acquired by Warner Music Group appeared first on Music Business Worldwide.
Indie Labels Beat Sony, WMG For UK Market Share [CHART]
Independent record labels grabbed more market share so far this year than major label groups Sony Music and Warner Music in the UK, according to new stats from the Official Charts Company. Universal is winning the race so far in 2019, up 2.3% year-on-year and the indie sector is second,…
Warner Brothers Records Has Changed Its Name…
WMG’s flagship label, Warner Bros. Records, is rebranding as Warner Records after 61 years.The major label is billing this the latest step in the company’s ongoing evolution. But let’s be honest, "Bros." was always an awkward add-on. View this post on Instagram #WeAreWarnerRecords: Born in the California sun, at home…
THU. BRIEF: MelodyVR Loses $14.7M Loss • Facebook Boosts Original • WMG Free Music Warning • More
THURSDAY 5.9.19
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