UMG Revenue Up 4.5% As Vivendi Confirms IPO, Sale Plans

image from images.complex.comSerious exploration of an IPO or the sale of Universal Music Group was confirmed by parent Vivendi during an earnings call Thursday.  A Board committee has been tasked with exploring "all or a potential change in the Universal Music Group’s shareholding structure." 

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Smokey Robinson Gives Moving Defense Of Artists Rights At Hearing Over Music Modernization Act

1Singer songwriter Smokey Robinson too the stage in a somewhat different capacity recently to act as a moving and powerful advocate for artists' rights, delivering a passionate defense to the Senate Judiciary Committee as they deliberate on the Music Modernization Act.

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Rap vs Pap: Dr Dre Loses Trademark Battle With Gynecologist Dr Drai

1In a surprising clash of music and medicine, Dr. Dre faced defeat at the conclusion of a trademark battle he waged against Pennsylvania OB/GYN Dr. Drai, with the former rapper concerned that some kind of confusion would result would occur between the two professionals

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Is YouTube Finally Serious About Music Subscriptions?

YouTube Music logoAfter several attempts that failed to gain traction, YouTube is taking another stab at something the record labels insist it must - get people to pay to stream music. MIDiA analyst Mark Mulligan looks at why Google cares about subscription streaming and the new service's chance of success.

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BET Awards Nominees 2018: Khaled, Lamar Dominate

DK KahledDJ Khaled and Kendrick Lamar lead the nominations for the 2018 BET Awards. Khaled is up for six awards  and Lamar follows with five.  The annual BET telecast celebrates excellence in music, film, TV, sports and philanthropy and airs live on June 24th.

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Could Spotify Buy Universal? Should It? [MARK MULLIGAN]

UMG squareVivendi has been openly exploring spinning off Universal Music Group. Publically the talk is of a possible IPO, but the rumor mill has spun out several scenarios, including a purchase by Apple or Alibaba. But what if Spotify bought UMG? Could that bold move solve its ongoing profitability problem?

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Indies Beat Majors To Grab Biggest Share Of Global Record, Music Publishing Market

#INDIEPROUD (1)The annual Music & Copyright survey of recorded music and publishing companies shows Universal Music Group maintaining its position as the world’s biggest record company and Sony topping music publishing. But the collective strength of indie labels and publishers again beat both.

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YouTube Music Charts Makeover Offers Unfiltered Billboard Chart Alternative

YouTube music charts  United StatesYouTube this week launched new and revamped music charts in 44 countries, as part of what is likely the runup to its new music-centered paid subscription service. The new YouTube charts also offer an unfiltered alternative to some recently reconfigured Billboard rankings.

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Recording Academy Names 16 To Music Industry Diversity And Inclusion Task Force

image from celebrityaccess.comFormer Obama administration official Tina Tchen, now Chair of the Recording Academy’s new task force on diversity and inclusion, has announced the names of 16 members who will join her in examining the barriers and biases affecting women and other underrepresented voices in the music industry.

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SoundExchange Launches Music Data Exchange To Connect Label, Publisher Metadata

Sound-exchange-logo[UPDATED] SoundExchange has launched Music Data Exchange (MDX), a free software application designed to facilitate the exchange of sound recording and publishing data and ownership claims between record labels and music publishers. 

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From Living Room To Live Room: Recording Studio Breakdown [INFOGRAPHIC]

1This informative infographic reveals the principles and construction behind some of the most famous recording studios in the world, as well as revealing the principles and components necessary to construct a studio in your own home.

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Spotify Updates Hate Content Policy, Pulls R. Kelly From Playlists

no R KellySpotify has announced a new "Hate Content and Hateful Conduct" policy, and among the first artists is effected is R. Kelly. Multiple women have come forward in recent weeks accusing the rapper of sexual abuse and running a "sex cult." 

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TIDAL Calls Inflated Streams Report 'Smear Campaign'

image from 1ourvoicemag.comEarlier today, we reported that TIDAL had been accused of inflating streaming stats for Beyonce and Kanye West. Hundreds of millions of false plays for superstars were reported to the trades, according to a study of leaked Tidal data by a Norwegian newspaper.

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'This Is America' Sparks New Musical Resistance

1David Deal highlights how the release of the poignant and provocative "This Is America" from Childish Gambino (aka Donald Glover) reminds us of music's power to confront society's issues in a tumultuous and oppressive time.

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TIDAL Inflated 'Hundreds Of Millions' Beyoncé, Kanye Streams [Report]

Tidal logoTIDAL is being accused of inflating streaming stats for two of its most visible artists/partners, Beyonce and Kanye West. The millions of false plays resulted in overpayments to the two superstars at the expense of other artists, according to a study of leaked documents by a Norwegian newspaper.

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WMG Sells $400M Spotify Shares, No Profits For Some Labels

CashWarner Music Group revealed in an earnings call today that it recently sold 75 % of its shares in Spotify, netting $400 million. The transaction happened after the end of the previous quarter, and was not reflected in today's Q2 report, which saw a 10.4% revenue jump alongside a dramatic drop in losses.

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Childish Gambino's Explosive 'This Is America' Scores 16M Views Overnight [WATCH]

image from www.rap-up.comDonald Glover, aka Childish Gambino, topped a huge weekend with the release of the explosive video "This Is America" after the show aired late Saturday. By Monday morning the Vevo/YouTube video had surpassed 16 million views.

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Sony Sells $750M Spotify Stock, Will Artists Get Fair Share?

money and musicSony has sold half its 5.7% stake in Spotify, Sony Corp. CFO Hiroki Totoki told Wall Street yesterday. At Spotify's average stock price, the sale netted Sony more than $750 million. But how much will trickle down to artists and the indie labels that Sony distributes?

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