WMG has strongest quarter ever, tips 10% layoffs, Uproxx & HipHopDX sale to invest $200M in core music business

Warner Music Group just announced its strongest quarter ever, with revenue rising 17% for the period ending Dec. 31, 2023, to $1.75 billion…

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New Apple royalties favor Majors at the expense of independent artists, say indie labels

indendent labels and artists are upset by what they say is the unfair advantage that Apple Music gave major record labels with its recent 10% increase in royalty payments for. Continue reading

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UMG responds to TikTok’s ‘greed’ accusation, ‘free promotion’ claim [Full Text]

As TikTok’s forced takedown and muting of UMG and UMG Publishing Group-related music began Thursday, the war of words between the two giants took a turn for the worse. After. Continue reading

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TikTok UMG music takedowns have begun and will happen in 3 phases

TikTok began taking down or muting Universal Music-related artists and songs overnight after the two parties failed to agree on a new licensing agreement. The battle for words between the. Continue reading

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TikTok accuses UMG of ‘greed above the interests of artists’ [Full Text]

TikTok has responded to UMG’s announcement that it will pull all its music off the popular platform today, January 31, 2024, after the two could not reach a new licensing. Continue reading

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Universal Music to pull all music off TikTok as deal expires: Full text of letter to artists and songwriters

Universal Music Group and UMG Publishing Group say they will pull all their music off TikTok and the TokTok Music Service worldwide today after it could not negotiate a new. Continue reading

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Superfans

What is a Superfan & Why do UMG, WMG (and everyone else) care so much?

Everyone is talking about the importance of music superfans to propel and monetize an artist’s career. But what is a superfan, and why do the CEOs of UMG and WMG,. Continue reading

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3 Kinds of Stiffing: What A&M’s Jerry Moss taught me about Music Audits [Chris Castle]

Royalty audits are as old as the music business itself, and its fair to say that most music company audits find something. But legendary record executive Jerry Moss taught attorney. Continue reading

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Vinyl trades call Billboard chart change ‘abdication of responsibility’

Two top vinyl manufacturing trade groups have joined a coalition of independent music stores in opposing the December 29th launch of changes in how sales of physical goods (vinyl, CDs,. Continue reading

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Winning A Grammy

Grammy 2024 final round voting begins

The final round of voting for the 2024 Grammys opened on December 14 and runs through January 4th at 6 PM PT. The 66th annual Grammy Awards will be held. Continue reading

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