Universal Music Revenue Beats Estimates as Subscribers Rise
Universal Music Group NV, the record label for artists such as Taylor Swift and Billie Eilish, reported sales that topped ...
Universal Music Group: Not There Yet, But Heading In The Right Direction
Universal Music Group's Q4 earnings exceeded expectations. Read here for an update on UMGNF stock's growth challenges, and ...
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, according ...
Is the $10bn Spotify gave artists last year enough to silence its critics?
Spotify paid out more money into the music industry last year than any other retailer in history.View on euronews ...
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.
The age of streaming inequality
Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...
Half of Spotify’s Royalties Are Going to Indie Artists
Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.
Universal Music Group rises after reporting subscription revenue growth beat
Investing.com -- Universal Music Group’s (AS: UMG) stock climbed more than 4% on Friday after the company reported ...
Music Business Worldwide6d
Robert Kyncl talks Spotify deal, Warner Music’s distribution strategy at Morgan Stanley event
Robert Kyncl gave one of his most energized interviews yet…even if the timing was a little odd. Kyncl took the stage at the ...
Women Are Still Vastly Underrepresented as Music Executives, USC Annenberg Study Finds
The percentage of women in senior executive positions across the music industry has not sufficiently improved, according to a ...
Ackman’s Pershing to Raise $1.4 Billion in Universal Stake Sale
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set ...
Music Business Worldwide2d
Universal spent $1bn+ on investments in 2024… and 5 other things we learned on UMG’s latest earnings call
Universal Music Group published its Q4 and FY 2024 results on Thursday (March 6), posting overall revenues in FY 2024 (across recorded music, publishing, and more) of EUR €11.83 ...