Photo Credit: Universal Music Group Last month, it came to light that Universal Music Group (UMG) had retreaded the contract of chairman and CEO Lucian Grainge through May of 2028 with a two-thirds salary reduction […]
Photo Credit: Kevin Wimpy Incoming UMG Nashville CEO Cindy Mabe says she is looking to ‘dramatically expand’ partnerships with independent labels. Here’s the latest. Mabe assumed her role as Chair & CEO of Universal Music […]
Photo Credit: Universal Music Group UMG retreads Lucian Grainge’s contract through May 1, 2028, with a big salary chop — and much bigger upside performance and stock incentives. Universal Music Group announced the extension of […]
Photo Credit: Manuel Nägeli About one week after the formal announcement of Apple Music Classical, Universal Music Group (UMG) has officially acquired British classical label Hyperion Records. The Big Three label revealed its latest buyout […]
Dr. Dre’s seminal The Chronic: is it part of this juicy deal? Dr. Dre has reportedly sold a sizable chunk of his music rights — at a juicy multiple — to Shamrock Holdings and Universal […]
Black Sheep has waged a legal war against Universal Music Group. The 1990s hip-hop duo, composed of Andres “Dres” Vargas Titus and William “Mista Lawnge” McLean, is spearheading a hefty class action lawsuit over unpaid royalties. According […]
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Photo Credit: Spinefarm Records Spinefarm is announced as the first repertoire initiative under the new alliance between [PIAS] and Universal Music Group. [PIAS], a leading independent music company that recently announced a global partnership with […]
Photo Credit: David Lezcano Following the severing of his relationship with Adidas, several companies are continuing damage control. Kanye West’s antisemitic statements and the fallout continues. “Def Jam’s relationship with Ye as a recording artist, […]
Virgin Music Group co-CEOs JT Myers and Nat Pastor. Photo Credit: Universal Music Group About 19 months after rolling out the revamped Virgin Music Label & Artist Services, Universal Music Group (UMG) has officially acquired […]
Photo Credit: Egor Filin Sony Music Group says it will exit the Russian marketplace completely, six months after suspending operations. UMG and WMG operations remain suspended. According to a report from Billboard, Sony Music Group […]
UMG and its subsidiaries had claimed a case for Direct Infringement of copyrighted music in Bang’s TikTok promotional videos, and Contributory Infringement for allowing influencers to use that music to promote Bang. For brands that […]
Photo Credit: LinkedIn A UMG employee says he was fired for speaking up about abortion rights. Michael Lopez worked as a production coordinator at Universal Music Enterprises. But last week, Lopez blasted the company for […]
Photo Credit: Acraze YouTube Florida-based producer ACRAZE has signed with Capitol Records in partnership with Thrive Music. The signing comes as ACRAZE is riding the global popularity of his hit, “Do It To It.” Since […]
Photo Credit: 10:22pm Despite some signs of a slowdown within the non-fungible token (NFT) space – not to mention worries relating to the broader economy – Universal Music Group (UMG) is officially preparing to roll […]
Photo Credit: Harmony Gerber / CC by 3.0 Universal Music Group (UMG) has officially confirmed that it’s inked a “new long-term worldwide partnership with Drake,” covering music publishing, film, television, and brands. Universal Music head […]
Universal Music Group has been hit with a lawsuit over Kanye West’s 2010 song “Power.” The song samples King Crimson’s track “21st Century Schizoid Man,” with the progressive rock group claiming that UMG has been underpaying […]
Photo Credit: Jie Wang Universal Music Group has announced its support for California’s ballot initiative to increase funding in public schools for arts and music education. The statewide ballot initiative in California is being proposed […]
Photo Credit: Christian Chen A group of nine musicians are suing UMG and Capitol Records to regain control of their masters. That group filed a motion on Friday in NY courts seeking class-action certification. Plaintiffs […]