In 2004, Warner Music Was Sold for $2.6 Billion. This Year, WMG’s Revenues Just Hit $2.7 Billion

Who says Spotify doesn’t pay?  Warner Music Group is now one of the biggest beneficiaries of a streaming kaboom. It was a dump-off deal from a financially-strapped media conglomerate.  In 2004, Time Warner dropped its failing music label for $2.4 billion.  That was the start of an underwhelming decade for Warner Music Group that racked […]

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‘There are 365m people in China willing to pay for entertainment. The music market is about to explode.’

LiHui Shen runs China’s biggest independent record label. He’s feeling very optimistic about the future.

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Sony Music Made $677 Million In Profit Last Year. Now, They’re Spending $400 Million of That on Believe

Sony Music Entertainment is going shopping (again)!  After gaining full-blown ownership over The Orchard and Sony/ATV Music Publishing, the Tokyo-based label is ready to drop some serious cash on Believe. With streaming exploding, what’s a major music label to do with all its cash?  Thankfully for Sony Music Entertainment, there’s Believe Digital, which is rumored […]

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Sony Music Made $677 Million In Profit Last Year. Now, They’re Spending $400 Million of That on Believe

Sony Music Entertainment is going shopping (again)!  After gaining full-blown ownership over The Orchard and Sony/ATV Music Publishing, the Tokyo-based label is ready to drop some serious cash on Believe. With streaming exploding, what’s a major music label to do with all its cash?  Thankfully for Sony Music Entertainment, there’s Believe Digital, which is rumored […]

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Gary Kelly promoted to EVP and Chief Revenue Officer at Interscope Geffen A&M

Exec joined Interscope in 2010 as Head Of Sales

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Warner and indies pinched market share from Universal and Sony in 2016 – report

Warner/Chappell climbs to 12% global share of publishing as indies rule sector

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Universal Music Group Has Its Best Financial Quarter In 15 Years

Reports of major label deaths have been greatly exaggerated!  Not only is Universal Music Group not dead, they’re experiencing strong, double-digit growth. If you’re wondering who’s making money off of streaming, you’ve found the answer.  Because not only is Universal Music Group cleaning up on platforms like Spotify, they’re now experiencing double-digit revenue growth as […]

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Why did Max Lousada just poach Channel 4’s ‘creative superstars’ to join Warner?

Chris Bovill and John Allison will join Warner Music UK to run The Firepit in the summer

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