The major labels are close to generating $1m from streaming every hour – but global growth is actually slowing down

MBW analysis shows that global major label streaming revenue growth slowed by 19.1% YoY in the first six months of this year
The post The major labels are close to generating $1m from streaming every hour – but global growth is actually slowing down ap…

Katy Perry, Capitol Records and others ordered to pay $2.8m for copyright infringement

“Any song with a cowbell will [now] be sued by Blue Oyster Cult. Blue Oyster Cult will be sued by a cow.”
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Official: Mike Biggane leaves Spotify to join Universal Music Group as EVP, Music Strategies and Tactics

Creator of Spotify’s New Music Fridays moves label-side in Santa Monica
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The Universal Music fire may be ‘heartbreaking’ – but don’t expect much impact on the music biz story of the year

“It is not clear to us that the fire in the LA storage facility should have any impact on either the valuation of UMG or the sale process.”
The post The Universal Music fire may be ‘heartbreaking’ – but don’t expect much impact on the…

Universal Music Faces a Growing Chorus of Artist Complaints Over Its Handling of the 2008 Universal Studios Fire

Over ten years ago, several workers at Universal Studios Hollywood made a huge blunder.  Universal Music Group committed a much greater one. To repair a building on a set, the workers had decided to use a blowtorch.  This would warm asphalts applied to…

O-Town Slams Universal Music’s Trademark Opposition – “They Have More Money and Nothing to Do”

Universal Music Group (UMG) has filed a new injunction against a boy band group. The major music group has said O-Town can’t file a trademark.  It sounds too similar to its own popular and iconic label, Motown Recordings. Two years ago, the band’s memb…

The music industry is tackling streaming fraud with a pointless ‘Code’. It won’t work… but these ideas might.

Penalties for artists, penalties for staff, more funding – why wasn’t any of this in the industry’s own policies?
The post The music industry is tackling streaming fraud with a pointless ‘Code’. It won’t work… but these ideas mi…

Vivendi ‘very confident’ it will ignite Universal Music Group sale process by end of the year

‘UMG is doing very well. The question is how to find the right partner, up to 50%. But everything’s fine – trust me!’
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The major record labels are signing over 50 artists a month. Is that too many?

The majors are inking deals with over 700 artists every year
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Universal launches Nashville Career Jam: ‘Meet the people shaping a new era.’

New careers event takes place on Thursday, June 20
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