Major labels generated $5bn in first half of 2016 – as Universal took lion’s share

Universal’s streaming market share is greater than its overall holding

The post Major labels generated $5bn in first half of 2016 – as Universal took lion’s share appeared first on Music Business Worldwide.

Universal Norway boss Petter Singsaas exits major after 22 years

Per Sundin and Frank Briegmann pay tribute to departing exec in internal noteThe post Universal Norway boss Petter Singsaas exits major after 22 years appeared first on Music Business Worldwide.

Universal is now making $28m every week from streaming, but downloads are down 29%

Streaming now equates to 36% of UMG’s recorded music revenuesThe post Universal is now making $28m every week from streaming, but downloads are down 29% appeared first on Music Business Worldwide.

Universal, Sony and Warner sign 9 new acts… for a Spotify-based TV talent show

Majors will let artist careers live or die by Spotify plays on The Stream

The post Universal, Sony and Warner sign 9 new acts… for a Spotify-based TV talent show appeared first on Music Business Worldwide.

Paul McCartney signs with Capitol Records, leaving behind Concord deal

Steve Barnett puts pen to paper as star’s Concord deal comes to an end after six yearsThe post Paul McCartney signs with Capitol Records, leaving behind Concord deal appeared first on Music Business Worldwide.

Oana Ruxandra joins Universal as SVP of Digital Strategy and Partnerships

Ruxandra moves over from Warner, where she is VP of Digital Strategy and Business Development.The post Oana Ruxandra joins Universal as SVP of Digital Strategy and Partnerships appeared first on Music Business Worldwide.