Cultural phenomenon Taylor Swift helped fuel revenue at Universal Music Group in the third quarter, the world’s largest record label said Thursday. With the release of “Speak Now (Taylor’s Version),” Swift became the first woman […]
A new battlefront is emerging in the ongoing conflict between the music industry and artificial intelligence applications. This time, it’s the Amazon-backed Anthropic that finds itself in the collective crosshairs of Universal Music Group, ABKCO […]
Photo Credit: Theo Eilersten Universal Music Group is in talks with SoundCloud to overhaul music royalty payments. Here’s the latest. A Bloomberg report details talks among the companies encompassing changes to the standard industry royalty […]
Photo Credit: Carl Lender / CC by 3.0 Universal Music Group (UMG) is reportedly in advanced talks to acquire Queen’s catalog for north of $1 billion. The potential song-rights sale (as well as its […]
Photo Credit: Tony Webster / CC by 3.0 Even as a growing number of unauthorized artificial intelligence tracks are debuting – while non-infringing AI releases also continue to pour onto streaming services in droves – […]
Universal Music Group (UMG) has announced a partnership with Endel, a company that uses AI to generate soundscapes meant to facilitate work, meditation, and sleep. UMG will license use Endel’s technology to enable its artists […]
Photo Credit: Alexander Grey Universal Music shareholders have approved Lucian Grainge’s $150 million+ compensation blowout despite recommendations that shareholders vote against UMG’s remuneration policy. After reports surfaced that Universal Music Group shareholders pushed back against […]
Eurovision 2023 contestant Alessandra performing live. Photo Credit: MandyPettersen Notwithstanding the well-documented non-fungible token (NFT) sales falloff and the adjacent “crypto winter,” Universal Music Group (UMG) is rolling out “exclusive digital collectibles” for Eurovision competitors […]
Photo Credit: Coolcaesar / CC by 3.0 Universal Music Group issues its sternest warnings yet on AI-generated content in its quarterly earnings call amidst solid earnings in 2023. Universal Music Group’s earnings call on Wednesday was notable […]
All that remained of an AI-Generated Drake/The Weeknd ‘collaboration’ on Monday evening (April 17th). A viral AI-generated ‘collaboration’ between Drake and The Weeknd was ripped down by Universal Music Group on Monday evening (April 17th)— […]
Photo Credit: Zoe Ghertner Universal Music Publishing Group (UMPG) has inked an exclusive global publishing agreement with songwriter Maggie Rogers. Rogers gained industry recognition in 2017 with her EP Now That The Light Is Fading, which […]
Lucian Grainge is the CEO of Universal Music Group, the biggest music label in the business. And UMG recently announced via press release that he’s signed a new contract. On the downside (for Lucian), the […]
EXCLUSIVE: Universal Pictures continues to tap into its classic monsters vault. The studio has acquired a pitch for a revamp of 1956 horror film The Mole People pitched by Chris Winterbauer, who’ll write the script. […]
Photo Credit: Deezer About two weeks ago, during his company’s Q4 2022 earnings call, Universal Music Group (UMG) head Lucian Grainge disclosed a streaming-reform partnership with Deezer. Now, the major label and the Access Industries-owned […]
Kanye West‘s bringing his wife Bianca Censori around at least one of his children … because they took his daughter North with them to a theme park. Ye and Bianca spent some quality time with […]
Towards January’s end, after its CEO kicked off 2023 by touting the perceived potential of “artist-centric” music platforms, Universal Music Group (UMG) partnered with Tidal “to explore an innovative new economic model” for streaming. Now, […]
Photo Credit: Tony Webster / CC by 3.0 Universal Music Group (UMG) generated north of €2.94 billion (currently $3.12 billion) during 2022’s final three months, when recorded music streaming revenue grew by nearly 19% year […]
The Dickies, one of the acts that are suing Universal Music in an attempt to recapture copyrights. Photo Credit: SByrne1970 A federal judge has denied a request for class certification in a lawsuit filed against […]
Photo Credit: EMI North Universal Music Group announces the launch of EMI North in Leeds. Universal Music-owned EMI Records has announced the launch of EMI North, a new label in the northern UK city of Leeds, in […]
It has been 17 years since the release of Gene Luen Yang’s award-winning graphic novel American Born Chinese, a story told in three parts of the Asian American experience. It encompasses where one fits in […]