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 ...
Universal Music Group CEO & chairman Sir Lucian Grainge has promised an “extremely exciting and transformative year” for the company.
In the UMG leader’s annual note to staff, which has ...
YouTube this week revealed plans to address the use of generative AI on the platform, including giving labels the opportunity to request the removal of music content that mimics artists ...
Universal Music Group has reported its financial results for Q3.
For the three months to September 30, the major increased revenue by 9.9% at constant currency to €2.752 billion. The ...
