How Record Labels Screwed Up The Music Industry, And How Spotify, Apple Saved Them
ALTERNATIVE TAKE: Mike Masnick explores the sordid history of how the record labels' behavior in the early days of the internet literally brought the music industry to its knees, and. Continue reading
Irving Azoff Calls Out ‘Liar’ Cohen, YouTube Over Payments
YouTube Global Head Of Music Lyor Cohen is making the media rounds touting the launch of YouTube Music as the dawning of new day for music discovery and promising bigger. Continue reading
UMG Revenue Up 4.5% As Vivendi Confirms IPO, Sale Plans
Serious exploration of an IPO or the sale of Universal Music Group was confirmed by parent Vivendi during an earnings call Thursday. A Board committee has been tasked with exploring. Continue reading
Indies Beat Majors To Grab Biggest Share Of Global Record, Music Publishing Market
The annual Music & Copyright survey of recorded music and publishing companies shows Universal Music Group maintaining its position as the world’s biggest record company and Sony topping music publishing.. Continue reading
Sony Sells $750M Spotify Stock, Will Artists Get Fair Share?
Sony has sold half its 5.7% stake in Spotify, Sony Corp. CFO Hiroki Totoki told Wall Street yesterday. At Spotify's average stock price, the sale netted Sony more than $750. Continue reading