3 Beat renews joint venture with Universal Music UK

‘This new deal will give us an opportunity to vastly improve on our achievements so far.’
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Absolute inks worldwide deal with Cherry Red for Warner-divested catalogues

The deal includes 13 discographies, including Dinosaur Jr, Renaissance, Four-play, Third Ear Band, Greenslade, Marc Almond and Howard Jones
The post Absolute inks worldwide deal with Cherry Red for Warner-divested catalogues appeared first on Music Bus…

Concord buys movie music label Varèse Sarabande, signs Cutting Edge deal

Label gets folded into Concord’s Craft Recordings imprint
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Lil Pump Just Voided His Major Label Contract and Kept the $350k Advance

Lil Pump’s non-favorable contract with Warner Bros. Records is up. Lil Pump, an overnight rap sensation with his smash hit “Gucci Gang,” inked a non-favorable contract deal with Warner Bros. Records when he was underage.  Now that the…

In 2004, Warner Music Was Sold for $2.6 Billion. This Year Alone, the Company Made $3.58 Billion.

According to financial details disclosed today, Warner Music Group’s annual revenues are up 10.2% to $3.58 billion. It seemed like a good idea at the time. Back in 2004, Warner Music Group was dumped for a depressed valuation of $2.6 billion.  No…

Top Swedish major label exec suspended over sexual harassment allegations

MBW understands individual recently accepted a senior job at Warner Music UK
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Independent music companies are being sucked into the major label ecosystem. Are they getting a good deal?

AIM CEO Paul Pacifico raises concerns over major-owned distribution in the independent sector
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