Sony Music and FC Barcelona have announced a new deal that will bring together football stars with music artists. The new two-year contract will see FC Barcelona make use of the Sony Music catalog for promotional content. To celebrate the new agreement…
Tag archives: Labels
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…
Sony Music’s Masterworks acquires majority stake in UK concert promoter Senbla
Senbla works across more than 200 concerts and shows per year throughout the UK
The post Sony Music’s Masterworks acquires majority stake in UK concert promoter Senbla appeared first on Music Business Worldwide.
Sony Music Inks a Joint Venture Label In India — Introducing Big Bang Music
Sony Music has announced a new strategic joint venture label with entertainment management company KWAN. Big Bang Music is a 50/50 joint venture designed to leverage Sony’s big label access and promotional prowess. KWAN’s artist management and talent r…
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.”
The post Katy Perry, Capitol Records and others ordered to pay $2.8m for copyright infringement appeared first on Music Business Worldwide.
‘Masters are owned by [the] artist’: Chance The Rapper manager Pat Corcoran inks ‘unprecedented’ deal with Warner Records for 99 Neighbors
“Proud to be a part of big changes in the music industry. Proud of the amazing art 99 has coming.”
The post ‘Masters are owned by [the] artist’: Chance The Rapper manager Pat Corcoran inks ‘unprecedented’ deal with Warner Record…
Chance the Rapper’s Manager Partners With Warner Music Group — Starting With 99 Neighbors
Chance the Rapper’s manager, Pat Corcoran, has signed an agreement with Warner Music. Corcoran’s entertainment company, Nice Works, will now have its artists’ works released with the support of Warner Music Group. Per Corcoran, Nice Works aims to provi…
Double-Digital Revenue Growth at Universal Music Buoys Vivendi’s Bottom Line
French conglomerate Vivendi saw its revenues increase by close to 14% during the first half of 2019, to just over $8 billion. This growth was due in large part to the company’s music division—namely Universal Music Group (UMG). UMG’s first-half 2019 e…
Universal Music Says Just 22 ‘Original Masters’ Were Destroyed In the 2008 Fire — Affecting Just 5 Artists
The claims coincide with Universal Music Group’s efforts to toss a class action lawsuit carrying damages of $100 million. Perhaps the 2008 Universal Studios fire was just a bunch of billowing smoke? That seems to be the position of Universal Music Grou…
Sony Consolidates Recordings and Publishing Into a Single Company — Introducing ‘Sony Music Group’
The left hand will now communicate with the right hand at Sony Music. Sony Corp. is now attempting to tightly integrate its recording and publishing units, according to an announcement issued this (Wednesday) morning. The tighter corporate structure wi…