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

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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

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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

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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

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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

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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

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UMG Acquires Independent Music Distributor Ingrooves

Universal Music Group is acquiring independent music distributor Ingrooves Music Group.  Ingrooves will continue to operate as a standalone company led by CEO Bob Roback.

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Vivendi Is Exploring A Universal Music IPO, says CEO

Universal, the world's largest music group, may soon be spun off via a public stock offering, the CEO of parent company Vivendi has confirmed. 

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Universal Music Is Raking In $18 Million A Day

The music industry is generally regarded to be in much better shape than it was even a year ago, and Universal Music showing further evidence to suggest a business on. Continue reading

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Amazon Hires Wx-WBR Prez Dan McCarroll, Signals Move Into Original Music Programming

Dan McCarroll, the former President and head of A&R at Warner Bros. Records, has been named Amazon Music's global head of originals and artist relations.  He will work as a. Continue reading

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