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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Musicians File Class Action Suit Against UMG And Sony To Reclaim Copyrights

Five musicians filed class action lawsuits against Sony Music Entertainment and Universal Music Group earlier this week in an attempt to recapture ownership to the copyrights of their hit songs. Continue reading

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WED. BRIEF: Spotify Acquires Podcasters, Reports Strong Q4 • UMG, Sony Face Class Action Suit • Raised In Space • More

WEDNESDAY 2.6.19 Music Business News From Around The Web Updated continuously under the More News tab

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Kanye West Sues Roc-a-Fella, Def Jam, UMG, EMI and More

Kanye West has filed a pair of lawsuits against EMI Music Publishing and Roc-a-Fella Records, UMG Recordings, Def Jam and merchandiser Bravado International Group in an apparent attempt to free. Continue reading

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WED. BRIEF: iHeartMedia Bankruptcy Exit • Oscar Music Surprises • UMG Adds Epic Rights • Napster • More

WEDNESDAY 1.23.19 Music Business News From Around The Web Updated continuously under the More News tab

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Who Will Buy Universal Music Group? [Mark Mulligan]

Vivendi has been clear that it would like to sell up to half of its Universal Music Group at a valuation of between $22 billion and $33 billion, and an. Continue reading

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Deutsche Bank Raises UMG Valuation 45% To $33 Billion As Sales Search Continues

Deutsche Bank has raised its valuation of Universal Music Group 45% to $33.19 billion, up from a previous  $22.86 billion. That values UMG higher than the market capitalization of its. Continue reading

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TUE. BRIEF: UMG Valuation Soars • Apple Music Expands Lyrics • Tidal Brings Hi-Res To Mobile • More

TUESDAY 1.8.19 Music Business News From Around The Web Updated continuously under the More News tab

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Queen’s “Bohemian Rhapsody” Is Most Streamed Song Of The 20th Century

"Bohemian Rhapsody,” the iconic song by Queen, has became the world’s most-streamed song from the 20th Century, as well as the most-streamed Classic Rock song of all time more than. Continue reading

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Edgeout Label Launches With Artist Development Focus

Music industry vet Tony Guanci, along with a team of experienced A&R, touring, live events professionals have launched artist development focused Edgeout Records distributed by Universal Music Group.

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