Total company revenues will get somewhere near (or even above) $6bn
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Category archives: Universal Music Group
Bee Gees musical on the way thanks to deal with Universal Music Group
Universal Pictures division UTG to produce theatre show
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Shania Twain to appear in mobile game Home Street after Universal deal
Shania Twain will feature within mobile game Home Street, following a deal between the Canadian country pop star, London based games firm Supersolid, and Universal Music Group Nashville. The announcement coincides with the launch of Twain’s new studio …
Universal Music Group Has Its Best Financial Quarter In 15 Years
Reports of major label deaths have been greatly exaggerated! Not only is Universal Music Group not dead, they’re experiencing strong, double-digit growth. If you’re wondering who’s making money off of streaming, you’ve found the answer. Because not only is Universal Music Group cleaning up on platforms like Spotify, they’re now experiencing double-digit revenue growth as […]
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I’m Warning You, Universal Music Group. Don’t Make This 1 Stupid Mistake…
Windowing albums for Spotify’s premium users? I applaud you, UMG. Making those albums exclusive to Spotify? I will burn you, Universal Music Group. I woke up this morning to some pretty game-changing news. Universal Music Group and Spotify had finally completed a long-term licensing deal. Which means a lot of things, including that Spotify’s once-hopeless […]
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Caroline strikes deal with IHEARTCOMIX label
IHC 1NFINITY to release six digital singles a year
The post Caroline strikes deal with IHEARTCOMIX label appeared first on Music Business Worldwide.
UMG’s Michele Anthony named UJA-Federation’s Music Visionary of the Year
EVP of major music group to collect gong in New York on June 14
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UMG more in thrall to Vincent Bolloré as his Vivendi stake tops 20%
French businessman will receive 29% voting rights at Vivendi next year
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Why Does Spotify Pay Out Such A Terrible Per-Stream Rate? The Answer Is More Complicated Than You Think
Open access to the internet is supposed to allow users to pick and choose what kind of content they’d like to receive, whether it’s mainstream content or content made by independent artists and developers. This should be even more true in the music industry online. But apparently, not everything is all fun and games in […]
The post Why Does Spotify Pay Out Such A Terrible Per-Stream Rate? The Answer Is More Complicated Than You Think appeared first on Digital Music News.
UMG and Global Eagle Reach $20 Million Settlement
After 2 years of litigation, Global Eagle Entertainment and UMG Recordings have finally reached a settlement. According to an 8-K filed with the United States Securities and Exchange Commission, both parties agreed to the settlement on August 9th, which will have Global Eagle compensate UMG first with “a cash payment of $15,000,000 plus the issuance […]
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