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HomeBusiness(Page 387)

UMG’s Stock Up 11% On Revenue Boost From Streaming Price Hikes

27 July, 2023

Universal reported subscription revenues in its recorded music department rose 10.6% in the second quarter.

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Taylor Swift Beats Copyright Lawsuit That Accused Her of Stealing ‘Lover’ Book From Little-Known Author

27 July, 2023

Teresa La Dart has agreed to drop a case that Swift's lawyers blasted as "legally and factually baseless."

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Kita Alexander Signs With Lemon Tree Music

27 July, 2023

To celebrate the new deal, Alexander releases “Date Night” with Morgan Evans.

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Mushroom Group Launches Events and Touring Company MG Live

27 July, 2023

Illusive Presents, Roundhouse Entertainment, Good Life, I OH YOU Touring, and Arena Touring are among the businesses now operating under MG Live.

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Universal Music Quarterly Revenue Rises 6.4% With Help From Streaming Price Hikes

26 July, 2023

The music giant hit $2.94 billion in the second quarter, thanks in part to a 10.6% year-over-year increase in subscription revenue.

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SXSW Sydney 2023: Coachella CEO Paul Tollett Joins Inaugural Speaker’s Line-up

26 July, 2023

Tollett will participate in a "fireside chat" at the inaugural SXSW Sydney.

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Women Say Top Canadian Radio Promoter Is a Longtime Sexual Predator

26 July, 2023

Their allegations against Adrian Strong span a decade and include coercion, drugging and rape. He vehemently denies the accusations and says the relationships were consensual. 

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BMI Is Engaging In ‘Discussions With Outside Parties’ Over Potential Sale

26 July, 2023

In a memo to staff, CEO Mike O'Neill said that outside interest in the company has "intensified" over the past year, when BMI ended a strategic review process.

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Imagine Dragons Signs With Warner Chappell Music

26 July, 2023

The rock band has accumulated more than 160 billion streams in the last decade.

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What the Hollywood Strikes Mean for the $2B Music Synch Business

26 July, 2023

As film and TV productions remain on pause, synch departments look to gaming, advertising and unscripted content to provide financial stability.

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