WMG Acquires EMP Merchandising For $180M
[UPDATED] Warner Music Group continues to diversify beyond recorded music with the $180 million acquisition of EMP Merchandising, a major European specialty music and entertainment merchandise e-tailer. EMP is currently. Continue reading
Elektra Music Group Adds Two To A&R Team
WMG's Elektra Music Group, which is relaunching as a standalone label group on Oct 1st, has announced two A&R appointments. Will McDonald has joined the label as VP President, A&R. Continue reading
Sony, Universal Earn $500K Every Hour From Streaming
While streaming is often slammed for how little money it brings in, it turns out that this is more an issue for the artists, and the major companies behind the. Continue reading
Warner Music Group Posts Solid Q3 2018, Digital Up 14%
[UPDATE 2] Warner Music Group revenue grew 1.9% on a constant currency basis in Q3 2018, according to a financials filed on Tuesday. That growth was driven by the sale. Continue reading
Sire Records’ Seymour Stein: Moving On, But Not Slowing Down
After forty-two years in the corporate music world, music industry legend Seymour Stein (notable in part for his discovery of Madonna, The Ramones, and The Talking Heads) is leaving Warner. Continue reading
Elektra Music Group To Launch As Standalone Company
Elektra Music Group is launching as a stand-alone, fully staffed label group under Warner Music Group's Atlantic Records Group umbrella. It will bring together Elektra, Fueled By Ramen (FBR), Roadrunner,. Continue reading
What Does AT&T, Time Warner Deal Mean For Music? A Lot.
A Federal Judge yesterday ruled that AT&T could complete its $85 billion takeover of Time Warner, including HBO, CNN, DC Entertainment and all of its popular media properties. With no. Continue reading
Music Biz Adjusts To Spotify’s New Rules Of Engagement [Mark Mulligan]
While Spotify generates just 27% of global recorded music revenue, it is a growing percentage that the music industry increasingly can''t imagine living without. That and its cultural influence a. Continue reading
WMG Eyes Partnership With Exec It Fired For Cheating Musicians, Songwriters
Warner Music is reportedly in the final stages of negotiating a deal to distribute 12 Tone, the new label helmed by Doug Morris, the former CEO of WMG, Universal and. Continue reading
Warner Music Group Acquires A&R Insight Tool Sodatone
Warner Music Group has acquired A&R insight startup Sodatone. The company will continue to be run by its founders, Arjun Bali and Jerry Zhang reporting to Vinnie Freda, WMG’s Chief. Continue reading
