UMG’s Spinnup Expands DIY Music Distribution, A&R To Japan

UMG has expanded its DIY music distribution service Spinnup to Japan. In addition to an array of Tunecore like features, Spinup promises to put artists “in front of the biggest. Continue reading

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rightsHUB Adds Gracenote, DJ Monitor, BMAT, Soundmouse, Yacast Music Recognition, Jaxsta Integration

rightsHUB has added integrations with major music recognition services to its music rights data and asset management platform that enable users to register songs in a single upload.  The integration. Continue reading

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Kurt Cobain MTV Unplugged Guitar Sells For $6M, Michael Jackson Glove Earns Just $430K

A guitar used by Nirvana’s Kurt Cobain drew an eye-popping $6 million at auction. Cobain used the guitar, a 1959 Martin D-18E, during Nirvana’s famed 1993 “MTV Unplugged” performance just. Continue reading

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Gucci Mane Dubs Atlantic Records ‘Polite Racists,’ Calls For Artist Strike

Gucci Mane recorded 11 of his 16 albums for Atlantic Records. But now he’s leaving the label calling them “polite racists.” In a now-deleted Tweet, the rapper also branded the. Continue reading

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BMG Reviews Old Deals Pledging To Correct Injustices

BMG has pledged to review all historical record contracts to help address “injustices inflicted on black people.” In the letter, BMG says it is committed to positive change and will. Continue reading

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Tencent Music Buys $100 Million Stake In WMG

Tencent Music Entertainment has purchased a stake in Warner Music Group. According to a WMG SEC filing today, TME acquired 4 million shares of Class A common stock for $100. Continue reading

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UMG’s Republic Records Bans Use Of Term ‘Urban’

UMG label Republic Records is banning the word “urban” at the company, a term that many believe marginalizes music by black artists. “We encourage the rest of the music industry. Continue reading

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Universal Music Group Seeds $25M ‘Change Fund’

Universal Music Group’s Task Force for Meaningful Change (TFMC) has announced a $25 million UMG financed ‘Change Fund’ to support the Black community and the ongoing fight for equality and. Continue reading

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Global Music Industry To Decline 28% to 34% In 2020 [MARK MULLIGAN]

Global music industry revenue will decline significantly in 2020, says MIDiA analyst Mark Mulligan, and while live music will see the biggest declines, virtually every music sector will feel some. Continue reading

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WMG Stock Surged Another 6.24% As NASDAQ Opened Thursday

Warner Music Group [NASDAQ: WMG] stock surged another 6.24% right after the opening bell in Thurday, trading as high as $32 and up $1.88 on its second day of trading.. Continue reading

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