Universal Music Group

Music Industry Moves: Steve Rowen Named SVP of Island Records, Luke Armitage Upped to SVP of Astralwerks

Island Records has promoted Steven Rowen to senior vice president, head of international marketing. In his new role, Rowen will continue to oversee global marketing across the Island…

Mo Ostin, Longtime Warner Bros. Records Chief, Dies at 95

Mo Ostin, who presided as a top executive at Warner Bros.-Reprise Records for more than three decades, during which the artist-friendly company enjoyed a glittering, hit-making run, died…

Israel’s Music Business Has the Ears of the Majors

The estimated $55 million music market in Israel, like the Middle Eastern country’s comparatively small size, would quantify as the equivalent of a rounding error for a global…

Should Beyonce Have Told Kelis She Was Sampling Her Song?

In the past 48 hours, the only noise louder than the Beyhive’s buzz has been coming from R&B singer Kelis, who is outraged that Beyonce sampled her 1999…

Snapchat Will Pay Indie Music Artists Up to $100,000 Monthly for Top-Performing Songs

Snap has announced the Snapchat Sounds Creator Fund: Its first fund designed to support emerging and independent artists who distribute their music on the app via DistroKid. Starting…

RAP Act Introduced in Congress Would Bar the Use of Lyrics as Evidence in Court Proceedings

In what is positioned to address a growing issue for music artists, particularly in the hip-hop genre, a new bill has been introduced in the U.S. House of…

Universal Music Group Reports 17% Revenue Growth for 2022 Second Quarter

Universal Music Group racked up a strong earnings report for the second quarter of 2022, with about $2.7 billion in revenue, a growth of 17.3% in year-over-year in constant…

Thailand’s Hype Train Signs Expanded Deal With Universal Music Group

Universal Music Thailand has announced an expanded partnership with Hype Train Group, a hot music label. The move is pitched as a springboard for Thai artists to export…

Music Industry Moves: Tainy Extends Sony Music Publishing Deal, Pixelynx Taps Former Tidal CEO Richard Sanders

Sony Music Publishing has renewed its worldwide publishing agreement with Tainy, extending the deal which began in 2005. In a press release, Tainy said, “I am grateful that…

Canal+ Group Chair and CEO Maxime Saada Joins Vivendi Management Board

Maxime Saada, the chairman and CEO of Canal+ Group and chair of its film and TV subsidiary Studiocanal, has joined the management board of Vivendi. The arrival of…

Frank Zappa’s Recordings, Song Catalog and More Acquired by Universal Music Group

Universal Music Group has announced an agreement with Frank Zappa’s family to acquire the legendary musician’s recordings, publishing catalog, film archive, name and likeness, and the contents of…

Sony Music Paid Universal $125 Million for Its Stake in Alamo Records

Universal Music’s share of Todd Moscowitz’s Alamo Records was acquired by Sony Music Entertainment for around $125 million, with a total purchase of between $188 million and $225…