Universal Music Group revealed its plans yesterday for a new division with a familiar name: Virgin Music Group.
Tag: Universal Music
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.
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.
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.
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.
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.
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.
UMG knocked back in battle with Republic investment platform
Earlier this year, UMG’s Republic Records sued a startups investment platform called Republic.
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.
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?
UMG launches samples marketplace for major-signed musicians
Once upon a time, sampling could be a tense topic within the corridors of some rightsholders.
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.