UMG To IPO As Annual Revenues Pass $2.28B

An initial public offering (IPO) for Universal Music Group is “currently planned for early 2023 at the latest,” parent company Vivendi posted in a presentation to shareholders. Last week, the. Continue reading

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WMG IPO: All You Need to Know [MARK MULLIGAN]

Yesterday’s ‘surprise’ IPO announcement from Warner Music Group is already sending ripples through the music industry eco-system. Top MIDiA analyst Mark Mulligan puts it all into context. Throughout the last. Continue reading

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FRI. BRIEF: Lucian Speaks – $10M FYE Sale To Sunrise/HMV – $1M Ditto Blockchain Play – More

FRIDAY 1-24.2020 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above

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8 Major Music Industry Stories You Missed Over The Holiday Break

The music industry’s annual two-week holiday break is over and this list will bring you up to speed with the important music industry deal-making, announcements and even a shutdown that. Continue reading

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5 Music Industry Stories You Missed Over The Holidays

The music industry began its annual shutdown on December 20th and will continue for many through January 5th. But even a Cabo, Costa Rica and Cancun filled with vacationers, the. 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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OFFICIAL: Universal Music Sells 10% Stake To China’s Tencent For $3.4B, Grainge Promises Status Quo

A consortium of Chinese streamer Tencent Music and unnamed “global financial investors” announced today that it will acquire a 10% equity stake in Universal Music Group for $3.4 billion. Tencent. Continue reading

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Universal Launches New Label, Red Records

Universal Music Group has partnered with travel giant AirAsia Group to launch a new label called Red Records. The label, which will be based in Kuala Lumpur and Los Angeles,. Continue reading

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WED. BRIEF: Indies Oppose Tencent UMG Investment• MLC Names CIO, Vendors • Robert ‘SFX’ Sillerman Passes • More

WEDNESDAY 11.27.2019 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above

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MON. BRIEF: What UMG Financials Mean • Artists Take On Ticketing • Pandora Granted Pre-70’s Appeal • More

MONDAY 10.21.19 Music Business News From Around The Web Updated continuously under the More News tab

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