Hit songs and albums from Bruno Mars and Lady Gaga, Eminem and Beyonce drove 8.1% in organic revenue growth for the German music company.
Korean companies fared well even as the 20-company Billboard Global Music Index fell 2.9% due mainly to declines by Spotify, Warner Music Group and CTS Eventim.
The election concluded Wednesday (March 26), but the academy is throwing the results out and starting over.
Frank Briegmann says UMG’s “artist-centric” streaming model and "Streaming 2.0” tiered pricing will drive industry growth.
Although recent reports indicate declining subscription growth, insiders expect it to grow at a healthy pace in the long term via price hikes and increased penetration rates in emerging markets.
The program recognizes gifted young jazz composers, defined as up to the age of 30.
Also this week: The Indigenous Music Office introduces 10 participants in its inaugural Cultural Cadence Mentorship, plus Universal Music Canada names co-heads of A&R.
Also this week: Earl Sweatshirt's manager joins ATC, TikTok makes a key hire ahead ahead of ban-day (April 5) and Big Loud Records loses an svp of marketing.
The iconic London studio has shared details of the changes made to Studio One, where a number of blockbuster films were scored.
The regional sports network, a subsidiary of Sphere Entertainment Co., has been granted an extra week of forbearance.
