inews.co.uk13h
Greed, gaslighting and NDAs: How record labels get rich while artists suffer
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 ...
Will the next wave of British music stars break through?
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 to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.
With the Top Artists, Global Scale, and Healthy Balance Sheet, Universal Music Is an Industry Titan
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 ...
Complete Music Update7d
Universal will spend billions to dominate emerging markets, says Grainge during Q4 earnings call as major sets out its “eat the world” strategies
On yesterday’s Universal Music earnings call CEO Lucian Grainge revealed plans to spend billions on global acquisitions, targeting emerging markets where “massive piracy” previously prevented ...
Complete Music Update7d
Indie label groups slam Universal as Amazon deal and yet another acquisition raise more red flags
Indie label trade groups have again aired their concerns about Universal Music’s market dominance in the wake of yet another acquisition by the major. They add that Universal uses that dominance to fo ...
Music Ally7d
UMG hails indie growth and Amazon deal (but Impala begs to differ)
Universal Music Group published its latest financial results yesterday, revealing that its revenues were up 7.2% year-on-year ...
Universal Music CEO Touts Streaming 2.0 Deals With Spotify, Amazon: “Where They Go, We Go With Them”
Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from as the music giant releases fourth quarter results.
Universal Music Group N.V. (UMGNF) Q4 2024 Earnings Call Transcript
Q4 2024 Results Conference Call March 6, 2025 12:15 PM ET. Company Participants. Sir Lucian Grainge - Chairman and Chief Executive Officer ...
Washington Square News14d
The Music Issue | Under the Arch Magazine
NYU is situated in the heart of Greenwich Village, a neighborhood famed for its contributions to the modern music scene. For WSN’s first spring 2025 issue of the Under the Arch magazine, we sought to ...
Yahoo15d
Independent Artist Group Signs ‘Dog Man’ Filmmaker Peter Hastings
Hailing from DreamWorks Animation and Universal ... studied at the Berklee College of Music and wrote and performed in the Groundlings sketch comedy/improv group before starting a career in ...
Morningstar15d
Universal Music Group NV
Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our ...