UMG Revenues Up 18.6% To $2B In Q3 2019

Universal Music Group revenue was up an impressive 18.6% for a total of $2 billion last quarter.  The jump was driven by streaming and merchandise revenue along with the releases. Continue reading

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FRI. BRIEF: UMG Revenues Jump 17.5% • Berklee President To Step Down • Vevo Turns 10 • Rostr • More

FRIDAY 10.18.19 Music Business News From Around The Web Updated continuously under the More News tab

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Meditation App Calm Names UMG Exec Head Of Music

Popular sleep and meditation app Calm and has named its first head of Music, Courtney Phillips, UMG’s former Director of Brand Partnerships. And don't for a minute that Phillips made. Continue reading

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Remembering Digial Music Pioneer Jay Frank: His Hypebot Articles & Interviews

UMG senior executive Jay Frank, who passed away this week, was a digital music visionary. Frank often understood streaming's long term effects on artists and the music industry years before. Continue reading

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Blink-182 Exits BMG For Columbia Records: Is The Major Label Exodus Now A Revolving Door?

Is the much-touted exodus by established artists from major labels to indies and artist services firms about to become a revolving door? It's too early to call it a trend,. Continue reading

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1 In 4 Albums Sold In US Last Week Were Taylor Swift’s Lover

Taylor Swift's Lover sold 679,000 copies in the week ending Aug. 29th, according to Nielson Soundscan and Billboard. That is 27% of the total of all albums sold in the. Continue reading

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Taylor Swift’s Lover Passes 3 Million Equivalent Sales

Team Taylor made sure the superstar was everywhere last week and their efforts are paying off. Taylor Swift scored the top-selling album of 2019 less than 48 hours after release,. Continue reading

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Tencent Music Label Deals Probed By Chinese Regulators

The deals that Tencent Music Entertainment has with record labels are under investigation by the State Administration for Market Regulation, China’s antitrust authority. The probe could end the exclusive licensing deals that. Continue reading

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TOP POSTS: This Week’s Most Read Posts On Hypebot

This week on Hypebot, some of our most frequently perused articles covered the roll of the music publisher in your artist development team, some of music's biggest execs in a. Continue reading

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TUE. BRIEF: Jay Z NFL Fallout • Spotify Tests Stories • UMG Fire Fight • Big Hit Acquires Superb • More

TUESDAY 8.20.19 Music Business News From Around The Web Updated continuously under the More News tab

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