3 top record labels now earn $2.56M per hour
Although we’re still dealing with a global pandemic, and all the challenges that means for the music industry, major labels UMG, Sony, and WMG are having their most lucrative year. Continue reading
500M Funded Saban Music Signs With Universal For Distribution, Marketing
Saban Music Group, a new music company backed by a $500 million from Haim Saban, creator of Mighty Morphin’ Power Rangers and head of investment house Saban Capital Group, today. Continue reading
New Universal Music Investors May Not Be What Artists Want
Major labels often receive flack from the artists, and the recent acquisition of Universal Music by a group of private equity investors and China’s Tencent isn’t likely to improve their. Continue reading
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
Warner Brothers Records Has Changed Its Name…
WMG's flagship label, Warner Bros. Records, is rebranding as Warner Records after 61 years.The major label is billing this the latest step in the company’s ongoing evolution. But let's be. Continue reading
Billie Eilish Set For Massive Debut
Interscope buzz artist Billie Eilish’s first full release "When We All Fall Asleep, Where Do We Go? "is expected to debut at No. 1 on next week’s Billboard 200 chart. Continue reading