Lucian Grainge’s Letter to UMG Staff On Tencent Music Talks – The Full Text
With Chinese internet giant Tencent in serious talks to acquire a 10-20% stake in Univeral Music Group, UMG CEO and Chairman Lucian Grainge reached out to his staff with details.. Continue reading
UMG Revenue Up 4.5% As Vivendi Confirms IPO, Sale Plans
Serious 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. Continue reading
Indies Beat Majors To Grab Biggest Share Of Global Record, Music Publishing Market
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.. Continue reading
iHeartMedia Confirms January Launch Of 2 New Streaming Music Services, Multiple Label Deals
iHeartMedia has confirmed yesterday's reports that it will launch to new streaming music services early next year. The broadcast radio giant joins a crowded sector, but could help drive mainstream. Continue reading
REWIND: The New Music Industry’s Week In Review
In this week's leisurely saunter back through the week's music industry news we revisit the launch of the iPhone 7, Last.Fm's massive email hemorrhage, several music biz stories you might. Continue reading
Are Streaming Music Services Competing With Record Labels?
As streaming services continue to pour more and more resources into original content, they could be precipitating fundamental shifts in the music industry, with a particularly strong impact on conventional. Continue reading
Frank Ocean’s Bombastic Blond Moment And What It Can Tell Us About The Future Of Artists And Labels
After releasing his heavily anticipated visual album 'Endless' and thereby fulfilling his contractual obligation with Universal, Frank Ocean sent massive shockwaves through the music industry by independently releasing another album,. Continue reading
Frank Ocean’s “Endless” Deemed Ineligible For Billboard Charts
Frank Ocean shook up the music industry with unusual back to back releases. His new indie album "Blonde" is headed for #1, but his Universal Music Group release "Endless" isn't. Continue reading
Former Staffer Offers A Rare Look Inside Apple Music
Former Apple Music employee Sean Glass offers a rare look inside the secretive world of Apple, and weighs in on the industry realities behind streaming exclusives and why they can be good for. Continue reading
