Universal Music Group has reported its financial results for the second quarter and first half of 2024.
The major’s revenue increased by 8.8% at constant currency to €5.526 billion during ...
Universal Music Group has reported its results for the first quarter of 2024.
The results arrived hours after UMG confirmed details of a new deal with TikTok.
Universal Music Group and TikTok have agreed a new licensing deal.
In a statement, the deal is described as a “multi-dimensional licensing agreement that will deliver significant industry-leading benefits for ...
Universal Music Group and Spotify have announced an expansion of their strategic relationship.
According to a statement, the partnership will “further amplify music discovery and social interaction and enhance fan ...
HYBE has signed an expanded long-term agreement with Universal Music Group, providing UMG with exclusive distribution rights for the next 10 years.
The agreement gives HYBE’s roster of artists ...
Universal Music Group has issued its full year financial results to December 31.
While the major has been in the headlines for its licensing row dispute with TikTok, these results ...
Universal Music Group is to acquire a majority investment in Mavin Global.
The deal remains subject to regulatory approval and is expected to close by the end of Q3 2024. ...
Michelle Jubelirer has resigned as chair & CEO of Capitol Music Group (CMG), Universal Music Group has announced.
It follows a restructuring of UMG’s labels in the US, which ...
UMG has restructured its US organisational model for recorded music with greater responsibilities for senior executives John Janick and Monte Lipman.
The changes were outlined in a memo from Universal ...
Subscription platform YouTube Music and Premium has passed 100 million subscribers.
The figure was revealed in a blog post by Adam Smith, VP of product at YouTube. YouTube’s subscriber figures ...
