Record sales were at an all-time high in 2024, and Spotify paid out $10bn in royalties - but most of that money is going to ...
Slinky soul singer Olivia Dean and art-rock band The Last Dinner Party join the gathering convened by Universal Music Group boss Lucian Grainge of the label’s global chiefs, summoned to take a new ...
Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.
Ambient music has been on the rise in the streaming era. But with royalty reform and the threat of AI-generated sounds, its ...
The evolution of the streaming business to an artist-centric model that pays the most popular music at a higher rate per stream will benefit the record labels, like Universal, which represents the ...