Company now generates more than $11m every day from streaming
The post Universal is now an $8bn-a-year company, as streaming revenues surge 21.5% in record 2019 appeared first on Music Business Worldwide.
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Benny Scarrs is a Point Blank Music School alumni who, since graduating from the Music Production & Sound Engineering course, has achieved some incredible feats. He’s been working in the music industry for a number of years now – having been involved with events booking talents such as Professor Green, Mr Hudson, Labyrinth and many more. Following these accolades, the […]
The post Watch Lead A&R Benny Scarrs Talk Navigating the Music Industry (Dave, Tinchy Stryder) appeared first on Point Blank’s Online Magazine.
SMG, backed by Haim Saban, will be distributed in the US by Caroline
The post $500m-backed Saban Music Group inks global Universal deal to deliver ‘groundbreaking artists’ appeared first on Music Business Worldwide.
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Nue Agency founder Jesse Kirshbaum on the biggest music biz deal of the year
The post Tencent’s Move to Buy 10% of Universal Music Group Shows the Global Music Business Is In Excellent Health appeared first on Music Business Worldwide.
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“Tencent and the Consortium members are excited to support UMG’s growth through this investment.”
The post Official: Universal Music Group to sell 10% stake, worth over $3bn, to Tencent-led Consortium appeared first on Music Business Worldwide.
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‘It’s no accident that we have built the largest, most diverse, and most innovative music company in the world.’
The post Sir Lucian Grainge: ‘No other music company has ever come close to matching what we achieved this year.’ appeared fir… Continue Reading
Tencent’s bid for 10-20% of Universal nearly fell through, but now it probably looks back on track
The post Tencent’s Universal bid needed rescuing – but might now go as high as 30% (report) appeared first on Music Business Worldwide.
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Partnership is across Decca Records, Decca Publishing and Deutsche Grammophon
The post Max Richter signs new global deal with Universal Music Group appeared first on Music Business Worldwide.
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Sources suggest Chinese company is seeking outside investment to complete deal
The post Tencent isn’t planning on making $3bn investment in Universal by itself – report appeared first on Music Business Worldwide.
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Devraj Sanyal, Universal’s local CEO, says Indian music industry is witnessing a ‘sea change moment’
The post How Universal’s VYRL Originals is spearheading a non-film music revolution in India appeared first on Music Business Worldwide.
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