Universal Music Revenue Up 13% As Sale Plans Accelerate
Revenue at Universal Music Group grew 13.5% year of year last quarter, according to financials reported by corporate parent Vivendi. But on everyone's mind were Vivendi's plan to sell a. Continue reading
Beware: Greg Maffei Is Now Music’s Most Powerful Executive
Move over Daniel Ek and Lucian Grainge, Greg Maffei is now the most powerful executive in the music industry. Maffei is the president and CEO of Liberty Media, Chairman of. Continue reading
Pandora [NYSE: P] Stock Falls Another 6.5%, After Liberty Media CEO Disses Streamer Yet Again
Pandora stock closed down 6.5% at $11.66 on Tuesday after Liberty Media CEO Greg Maffei again called the music streamer overvalued, this time at the an investor conference Monday. But is. Continue reading
Pandora [NYSE: P] Stock Flat
[UPDATED] A day after Pandora fell 6% on news that Liberty Media was in no hurry to combine the streaming music service and it's majority-owned SiriusXM, it's stock rebounded slightly on. Continue reading
Google Rumored To Be Interested In Acquiring SoundCloud, Pandora Seeking Alternative Suitors To Sirius XM
Spotfify is prepping a major IPO. But on day 3 of 2017, that's already looking unlikely to be the year's biggest story in music streaming. Google is reportedly sniffing around. Continue reading
Are Higher Royalty Payments Really Coming Soon From Sirius XM?
One of the main gripes from artists and publishers in the streaming era has been that regarding low royalty payouts, this could be about to change however, at least for. Continue reading
Like Access Industries, Liberty Media Is Building A Full Stack Music Company
By definition a full stack company offers "a complete, end-to-end product or service that bypasses incumbents and other competitors." Access Industries is clearly creating one for music. It owns Warner. Continue reading
Sirius XM Eyes Expansion In Crowded Online Streaming Marketplace
Sirius XM is is eyeing expansion of its fledgling online streaming service as a way to fuel growth, according to a major backer of the satellite broadcast service. “We are watching. Continue reading
Live Nation Elects Board Of Directors, Affirms $250K Annual Compensation
On June 5th at its annual meeting of stockholders, Live Nation's shareholders elected CEO Michael Rapino, Mark Carleton, Jonathan Dolgen, William Morris Endeavor chief Ari Emanuel, Ted Enloe, Jeff Hinson,. Continue reading
