WMG IPO: All You Need to Know [MARK MULLIGAN]
Yesterday’s ‘surprise’ IPO announcement from Warner Music Group is already sending ripples through the music industry eco-system. Top MIDiA analyst Mark Mulligan puts it all into context. Throughout the last. Continue reading
FRI. BRIEF: Lucian Speaks – $10M FYE Sale To Sunrise/HMV – $1M Ditto Blockchain Play – More
FRIDAY 1-24.2020 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above
8 Major Music Industry Stories You Missed Over The Holiday Break
The music industry’s annual two-week holiday break is over and this list will bring you up to speed with the important music industry deal-making, announcements and even a shutdown that. Continue reading
5 Music Industry Stories You Missed Over The Holidays
The music industry began its annual shutdown on December 20th and will continue for many through January 5th. But even a Cabo, Costa Rica and Cancun filled with vacationers, the. Continue reading
New Universal Music Investors May Not Be What Artists Want
Major labels often receive flack from the artists, and the recent acquisition of Universal Music by a group of private equity investors and China’s Tencent isn’t likely to improve their. Continue reading
OFFICIAL: Universal Music Sells 10% Stake To China’s Tencent For $3.4B, Grainge Promises Status Quo
A consortium of Chinese streamer Tencent Music and unnamed “global financial investors” announced today that it will acquire a 10% equity stake in Universal Music Group for $3.4 billion. Tencent. Continue reading
Universal Launches New Label, Red Records
Universal Music Group has partnered with travel giant AirAsia Group to launch a new label called Red Records. The label, which will be based in Kuala Lumpur and Los Angeles,. Continue reading
WED. BRIEF: Indies Oppose Tencent UMG Investment• MLC Names CIO, Vendors • Robert ‘SFX’ Sillerman Passes • More
WEDNESDAY 11.27.2019 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above
UMG Revenues Up 18.6% To $2B In Q3 2019
Universal Music Group revenue was up an impressive 18.6% for a total of $2 billion last quarter. The jump was driven by streaming and merchandise revenue along with the releases. Continue reading
