The Council of Music Makers (CMM) has outlined the five foundational changes it wants to see for music streaming.
The changes include a minimum digital royalty rate for all featured ...
Michelle Teh has been appointed as senior vice president at UMG division Global Classics & Jazz (GCJ).
With over 20 years’ industry experience, Michelle Teh has worked closely with ...
Earlier this year in a wide-ranging interview with Music Week, Deezer CEO Jeronimo Folgueira called for new ideas for streaming - including how music creators are remunerated.
Now the ...
Universal Music Group has acquired British classical label Hyperion Records.
Founded in 1980, Hyperion Records will join UMG’s portfolio of classical labels, including Deutsche Grammophon and Decca Classics.
Warner Music Group CEO Robert Kyncl has called for streaming subscription price increases to reflect the value of music - and he’s spoken about TikTok’s relationship with the industry.
Kyncl, ...
Universal Music Group has reported its financial results for the year ending December 31, 2022.
Total revenue increased 21.6% year-on-year (13.6% in constant currency) to €10.34 billion. The results were ...
Universal Music Group and Tidal have revealed plans to collaborate on a new model for streaming to benefit artists and fans.
The news follows UMG chairman & CEO Sir Lucian ...
Universal Music Group has appointed Roey Hershkovitz as vice president of sound & picture.
In this newly-created role, Hershkovitz will lead visual content capture across the major’s recording studios, develop ...
Sam Jackson has been appointed as BBC Radio 3’s new controller.
The good news for the music industry is that Jackson has been at the heart of the business in ...
Universal Music Group chairman & CEO Sir Lucian Grainge has outlined his vision for an “artist-centric” streaming model.
The intervention in the long-running streaming debate came as part of his ...
