Want to work at a Major Label? You are competing for just 27K jobs worldwide
If you dream of working at a major record label or music publisher, you may find this new analysis both encouraging and incredibly daunting. The three major music groups –. Continue reading
Your Morning Coffee Podcast: UMG + Endl AI • 120K new tracks daily • streaming rates • more
Episode 146 of Jay Gilbert and Mike Etchart’s podcast Your Morning Coffee: Weekly News for the New Music Business is available now. Episode 146 On this week’s edition of the. Continue reading
UMG consolidates Virgin, Ingrooves, newly acquired mtheory into new Artist & Label Services Division
UMG has acquire-hired mtheory’s Artist Partenrship division and consolidated it, indie distributoor Ingrooves, and Virgin Music Label & Artist Services into a single new division under the Virgin brand. via. Continue reading
Major labels are pushing Spotify, streamers to pay D.I.Y. artists LESS, says top exec
The major labels are lobbying Spotify and other streaming music platforms less, according to a top music executive. The reason is falling market share for the majors. While working to. Continue reading
UMG’s Spinnup DIY distribution service tells artists to move music, goes invite only
Univeral Music owned Spinnup d.i.y. distribution service has given artists two months to move music to another distributor as it transitions to an invite only artist discovery and distribution platform.. Continue reading
Strong UMG stock debut marks new chapter for the music business, says MIDiA’s Mark Mulligan
Universal Music Group soared 35.68% on the day of its IPO this week adding $13 billion to its $39 billion valuation just the day before. Even rivals Sony and WMG. Continue reading
WMG, Sony stock get ‘UMG bump’ as Universal soars 36% on IPO
[UPDATED] Universal Music Group soared 35.68% on Tuesday as the new stock debuted on the Euronext Amsterdam exchange. By day’s end, UMG’s valuation had grown to more than $52 billion,. Continue reading
Universal Music stock jumps 40% as investors flock to IPO
UPDATED: Universal Music Group stock shot up almost 40% in the first hours of trading Tuesday, following its IPO. By mid-day on the Amsterdam exchange where UMG was trading, the. Continue reading
UMG has copyrighted the moon (or was it Facebook?)
Citizens of the earth have historically enjoyed unfettered access to the moon, albeit from afar, but a new copyright claim by Universal Music Group of a video (notably devoid of. Continue reading
Kanye West says Universal Def Jam released ‘Donda’ without his permission
Kanye West’s long-hyped album ‘Donda” was finally released Sunday morning, and just hours later the artist claimed that his label did so without his permission. In an Instagram post on. Continue reading
