Universal Music Group revealed its plans yesterday for a new division with a familiar name: Virgin Music Group.
Tag: Universal Music
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UMG boss talks DSPs: ‘We’re 80 to 85% of their retention’
Universal Music Group’s chairman and CEO Sir Lucian Grainge has been talking at the Goldman Sachs Communacopia + Technology Conference 2022.
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WMG and UMG sued for patent infringement by Blue Spike
A new legal rumble afoot in the digital music world involves a company called Blue Spike and its patents for digital watermarking technology.
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Metaverse music: The Sandbox, iHeart-Fortnite and… M&Ms?
The metaverse continues to be a hive of activity for music artists and brands. Three stories offer a snapshot of what’s happening.
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UMG talks social media, catalogue values and user-centric payouts
Universal Music Group published its Q2 2022 financial results yesterday, revealing a 17.3% year-on-year growth in its revenues to €2.54bn.
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UMG has big plans for Thailand’s ‘T-Pop’ with Hype Train deal
After K-Pop’s global success in recent years, will other regional scenes in Asia follow suit? T-Pop is in the list of contenders.
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Streaming service Mdundo is UMG’s latest Africa licensing deal
It has announced an agreement with Mdundo, which is popular in countries including Nigeria, Tanzania, Kenya and Ghana.
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UMG knocked back in battle with Republic investment platform
Earlier this year, UMG’s Republic Records sued a startups investment platform called Republic.
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Major publishers tackle streaming services over songwriter royalties
All three major publishers have been talking about streaming services and licensing, as part of Synchtank’s ongoing report.
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UMG and Sony Music talk music and web3 technologies
What do the major labels think web3 technologies will do for their businesses and the musicians they work with?
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UMG launches samples marketplace for major-signed musicians
Once upon a time, sampling could be a tense topic within the corridors of some rightsholders.
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UMG expands Audiomack deal and debuts UMusic Media Network
Two announcements from Universal Music Group to report on today. First, it has expanded its licensing deal with streaming service Audiomack.