Warner Music Group reports solid Q4, Year
Warner Music Group reported a solid quarter and year this morning. Overall WMG revenue was up 21% last quarter and 15% year on year on a constant currency basis. “Our. Continue reading
UMG chief Grainge under fire for earning more than all UK songwriters combined
UK politicians and songwriter advocates are taking aim at Universal Music Group head Lucien Grainge for the size of his 2021 compensation particularly when compared to funds received by the. Continue reading
World’s Worst Album Covers go on display
A private collection of some of the world’s worst album covers has been put on public display in the UK “There’s the album cover with the band as rabbits or. Continue reading
REWIND: The new music industry’s week in review
Along with Grammy nomination predictions going around, the music industry has been buzzing with news like top music media corporations expanding, funds being raised to save our struggling venues, Metallica. Continue reading
WMG and Twitch: Why labels matter
Warner Music Group’s recent announcement that it plans to partner with Twitch to cultivate a standalone music space for premium music-centric content demonstrates the label’s continued relevancy in the rapidly. Continue reading
Re-recording old songs: How Taylor Swift is ‘shaking off’ her old label
A recent re-release of Taylor Swift’s 2014 hit “Wildest Dream” is just the latest in the artist’s volley of re-recordings, and she shows no signs of slowing down. The motivation. Continue reading
Who needs Spotify? Warner Music is making $270M a year from ‘alternative offerings’
Warner Music Group is now earning $270 million per year in addition to revenue from music streaming, sales. publishing and other traditional music income sources. WMG is earning these millions. Continue reading
Strong UMG stock debut marks new chapter for the music business, says MIDiA’s Mark Mulligan
Universal Music Group soared 35.68% on the day of its IPO this week adding $13 billion to its $39 billion valuation just the day before. Even rivals Sony and WMG. Continue reading
QUICK HITS: Sony Music France • DREAMSTAGE • WMG A&R, Philippines • Word Collections • more
• Sony Music has named Marie-Anne Robert as managing director of its French operations, making her the first woman to fill the role. She joins from Believe. • Music live. Continue reading
WMG, Sony stock get ‘UMG bump’ as Universal soars 36% on IPO
[UPDATED] Universal Music Group soared 35.68% on Tuesday as the new stock debuted on the Euronext Amsterdam exchange. By day’s end, UMG’s valuation had grown to more than $52 billion,. Continue reading
