Deal covers all Rolling Stones albums after Sticky Fingers, up to 2016’s Grammy-winning Blue & Lonesome
The post Rolling Stones renew deal with Universal Music Group in ‘expansive worldwide agreement’ appeared first on Music Business W…
Tag archives: Labels
Ultra Records hires Michel Petré as Managing Director in Scandinavia
Petré joins the US-based label from Family Tree Music
The post Ultra Records hires Michel Petré as Managing Director in Scandinavia appeared first on Music Business Worldwide.
Should Spotify Share Its Data?
Spotify is sitting on one of the most important datasets in the entire music industry. Which means they can identify the most important emerging artists. If you think Spotify is a speculative bubble, then you’re right. But only if the company r…
Hip$ters: Merlin Is Hitting $500 Million In Annual Indie Label Payouts
Major labels are still almighty — but indie labels are bringing in some serious business. Like, $500 million+ in annual business. Major labels still dominate streaming platforms and boast the biggest artists. But indie labels are gaining incre…
You’re Gonna Hear a Lot More Music from Prince — Thanks to This Sony Music Deal
Two years after his tragic passing, Prince’s massive stash of music may be released. It now appears that the Prince’s estate, which is currently being handled by Comerica Bank, has come to an agreement with Sony Music Entertainment to release som…
Here’s Exactly How Sony Music Is Sharing Its $750,000,000 Spotify Windfall
Sony Music Entertainment promised to pay its artists a portion of its recent Spotify stock liquidation. Now, they’re over-delivering on that promise — and sending this detailed letter to all of its signed artists, sub-labels, and other partners. …
Spotify Is Hitting Labels Where It Hurts the Most: Brand-New Talent
Spotify says they’re not signing artists, therefore they’re not a label. That’s pretty funny. If you want to know Spotify’s biggest problem, just look at their latest quarterly financial report. Sure, Spotify may have renegoti…
Italian Dance Powerhouse Ego Music Expands Its Alliance With Believe
Ego Music is expanding the role of longtime distributor Believe Digital. Ego Music is a top Italian label in the dance market. Now, the company is extending — and expanding — its alliance with Believe Digital. The French company already provides digit…
A2IM Is Holding Elections for Its 2018 Board of Directors
The American Association of Independent Music, also known as A2IM, has opened voting for three slots on its Board of Directors. Voting officially opened this week, with a voting deadline of June 12th. The trade association, established in 2005, represe…
Universal Music Group Is Now Toying With a $40 Billion IPO — Among Other Possibilities
Universal Music Group (UMG) parent Vivendi is now considering a behemoth public offering. But that’s just one of several tasty possibilities ahead. Universal Music Group (UMG) could potentially fetch a $40 billion valuation on Wall Street, …