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FRIDAY 1.11.19 Music Business News From Around The Web Updated continuously under the More News tab

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Universal Music Revenue Up 13% As Sale Plans Accelerate

Revenue at Universal Music Group grew 13.5% year of year last quarter, according to financials reported by corporate parent Vivendi. But on everyone's mind were Vivendi's plan to sell a. Continue reading

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Beware: Greg Maffei Is Now Music’s Most Powerful Executive

Move over Daniel Ek and Lucian Grainge, Greg Maffei is now the most powerful executive in the music industry. Maffei is the president and CEO of Liberty Media, Chairman of. Continue reading

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Pandora [NYSE: P] Stock Falls Another 6.5%, After Liberty Media CEO Disses Streamer Yet Again

Pandora stock closed down 6.5% at $11.66 on Tuesday after Liberty Media CEO Greg Maffei again called the music streamer overvalued, this time at the an investor conference Monday.  But is. Continue reading

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Pandora [NYSE: P] Stock Flat

[UPDATED] A day after Pandora fell 6% on news that Liberty Media was in no hurry to combine the streaming music service and it's majority-owned SiriusXM, it's stock rebounded slightly on. Continue reading

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Google Rumored To Be Interested In Acquiring SoundCloud, Pandora Seeking Alternative Suitors To Sirius XM

Spotfify is prepping a major IPO. But on day 3 of 2017, that's already looking unlikely to be the year's biggest story in music streaming. Google is reportedly sniffing around. Continue reading

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Are Higher Royalty Payments Really Coming Soon From Sirius XM?

One of the main gripes from artists and publishers in the streaming era has been that regarding low royalty payouts, this could be about to change however, at least for. Continue reading

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Like Access Industries, Liberty Media Is Building A Full Stack Music Company

By definition a full stack company offers "a complete, end-to-end product or service that bypasses incumbents and other competitors."  Access Industries is clearly creating one for music. It owns Warner. Continue reading

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Sirius XM Eyes Expansion In Crowded Online Streaming Marketplace

Sirius XM is is eyeing expansion of its fledgling online streaming service as a way to fuel growth, according to a major backer of the satellite broadcast service. “We are watching. Continue reading

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Live Nation Elects Board Of Directors, Affirms $250K Annual Compensation

On June 5th at its annual meeting of stockholders, Live Nation's shareholders elected CEO Michael Rapino, Mark Carleton, Jonathan Dolgen, William Morris Endeavor chief Ari Emanuel, Ted Enloe, Jeff Hinson,. Continue reading

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