Impala, AIM Express Concerns As Brexit, UMG Sale Loom

As Brexit uncertainty grows and suitors circle Universal Music Group, EU independent music trade groups IMPALA and AIM are calling on both the EU and the UK to ensure that. Continue reading

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Spotify Begins Label Licensing Talks Amid Major Disputes

Spotify has begun negotiations to renew its licencees with all three major labels and other rights holders. The talks begin with Spotify on the offensive against the music industry on. Continue reading

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How Smart Speakers Increase The Artist and Fan Divide

"Alexa (Siri, Google) play __________." With tens of millions of song requests being processed daily, what fills that blank matters. "Play That Funky Music" will net you the Wild Cherry. Continue reading

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This May Not End Well… Top UMG Top Suitors Are A Streaming Service and A Private Equity Firm

If history is any guide, this may not end well… The two top suitors eyeing a $20 – $25 billion bid for a 50% stake in Universal Music Group are. Continue reading

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THU. BRIEF: Tencent, KKR Eye Universal Music Bid • SXSW Adds Keynotes • Fender Next • More

THURSDAY 2.28.19 Music Business News From Around The Web Updated continuously under the More News tab

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What Beatles 2018 Success Says About Streaming’s Future [Mark Mulligan]

Almost 50 years after The Beatles disbanded, the Fab Four remain Universal Music Group's fourth best seller of the last year. MIDiA analyst Mark Mulligan takes a fascinating dive into. Continue reading

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Universal Music Topped $7 Billion In Revenue Last Year

While many may believe that major labels have one foot in the grave, some recent revenue figures out from Universal Music Group tell a different and far more lucrative story,. Continue reading

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TUE. BRIEF: UMG Valued At $50B • Rhapsody Class Action Settled • Mumford + Amazon • United Masters • More

TUESDAY 2.18.19 Music Business News From Around The Web Updated continuously under the More News tab

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UMG Revenue Grew 10% In 2018, Streaming Up 37%

Universal Music Group revenue grew 10% to $6.8 billion USD in 2018 when compared to 2017. The “A Star Is Born” soundtrack, Drake, Post Malone, The Beatles and XXXTentacion were. Continue reading

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UMG Acquires Independent Music Distributor Ingrooves

Universal Music Group is acquiring independent music distributor Ingrooves Music Group.  Ingrooves will continue to operate as a standalone company led by CEO Bob Roback.

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