Want to work at a Major Label? You are competing for just 27K jobs worldwide

If you dream of working at a major record label or music publisher, you may find this new analysis both encouraging and incredibly daunting. The three major music groups –. Continue reading

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Your Morning Coffee Podcast

Your Morning Coffee Podcast: UMG + Endl AI • 120K new tracks daily • streaming rates • more

Episode 146 of Jay Gilbert and Mike Etchart’s podcast Your Morning Coffee: Weekly News for the New Music Business is available now. Episode 146 On this week’s edition of the. Continue reading

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UMG consolidates Virgin, Ingrooves, newly acquired mtheory into new Artist & Label Services Division

UMG has acquire-hired mtheory’s Artist Partenrship division and consolidated it, indie distributoor Ingrooves, and Virgin Music Label & Artist Services into a single new division under the Virgin brand. via. Continue reading

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music business news today

MUSIC NEWS: WMG solid Q3 • Reservoir ↑46% • Google sues Sonos • Swift shakes it off • Snap layoffs • more

TUESDAY 8.9.22 • Music Business News Updated Continuously Under The MORE NEWS TAB Above

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Artists earn from Ticket Sales

Major labels are pushing Spotify, streamers to pay D.I.Y. artists LESS, says top exec

The major labels are lobbying Spotify and other streaming music platforms less, according to a top music executive. The reason is falling market share for the majors. While working to. Continue reading

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UMG’s Spinnup DIY distribution service tells artists to move music, goes invite only

Univeral Music owned Spinnup d.i.y. distribution service has given artists two months to move music to another distributor as it transitions to an invite only artist discovery and distribution platform.. Continue reading

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Music AI Revenue Loss:

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

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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

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Universal Music stock jumps 40% as investors flock to IPO

UPDATED: Universal Music Group stock shot up almost 40% in the first hours of trading Tuesday, following its IPO. By mid-day on the Amsterdam exchange where UMG was trading, the. Continue reading

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UMG has copyrighted the moon (or was it Facebook?)

Citizens of the earth have historically enjoyed unfettered access to the moon, albeit from afar, but a new copyright claim by Universal Music Group of a video (notably devoid of. Continue reading

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