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UMG + Sony Will Share Equity in Spotify With Artists/Labels

Once streaming giant Spotify goes public the record labels that were early investors will be able to cash in on their equity in the...

Former Universal Music and Sony Music Boss Starting New Label?

Doug Morris, the former head of Universal and Sony Music is reportedly thinking about starting a new record label. Morris stepped down as CEO...

Taylor Swift Was Universal Music’s Biggest Artist in 2017

Many in the industry were discussing the "comeback" of Taylor Swift last year and how successful it was. The country-pop singer released her 6th...

Universal Music Group Made $7.1 Billion Last Year

Universal Music Group's revenues for 2017 were up by 10% over the year prior to a whopping $7.1 billion. The growth was driven by...

Eminem’s Manager Paul Rosenberg to Head Def Jam

Long time manager of acclaimed Hip-Hop artist Eminem, Paul Rosenberg, was appointed new boss at Def Jam Recordings at the beginning of this month....

Is a Universal Music Group IPO on the Horizon?

Earlier today Universal Music Group's parent company Vivendi held a shareholders meeting in Paris that turned out to be a tad interesting. The Chairman...

Almost Half of Universal Music’s Revenue is from Streaming and Subscriptions

According to financial reports from parent company Vivendi, 46% of Universal Music Group's recorded music revenues is due to streaming and subscriptions. That includes...

Universal Music Wants to Axe $30 Million Prince Deal

For several weeks rumors around conflict between Universal Music and Prince's estate have spread. It was said that Universal was unhappy with how fast...

Head of Universal Music – Sir Lucian Grainge – Named 2017...

Universal Music Group recently signed a major deal with streaming music company Spotify which will help push the technology and the industry forward. UMG...