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BMG Parent Company Bertelsmann to Become Carbon Neutral by 2030

Marsha Silva
February 24, 2020
1
Thomas Rabe (l), Chairman & CEO of Bertelsmann; and Immanuel Hermreck (r), Chief Human Resources Officer BMG parent company Bertelsmann has committed to becoming carbon neutral by 2030. The multibillion-... Read More...

Tim McGraw Departs Sony Music Nashville, Reunites with Big Machine

Marsha Silva
February 23, 2020
After departing Sony Music Nashville earlier this month, country music star Tim McGraw has re-signed with Big Machine Records. McGraw, along with Big Machine founder Scott Borchetta, took the stage at last w... Read More...

Reba McEntire Shocks the Music World by Re-Signing with UMG Nashville

Marsha Silva
February 21, 2020
1
Photo: Gerrybuckel (CC by 2.0) In an unexpected move, legendary country singer and songwriter Reba McEntire has re-signed with Universal Music Group Nashville. The surprising switch was revealed at the 2020 ... Read More...
Here's Every Artists' Response Thus Far to Losing Their Masters in the 2008 Universal Studios Fire

Original Masters Belonging to Nirvana, Soundgarden, Elton John, Peter Frampton Destroyed In Universal Studios Fire, Universal Music Confirms

Marsha Silva
February 16, 2020
6
In a recent court filing from the ongoing lawsuit against Universal Music Group (UMG), additional light was shed on the extent of the damage caused by the 2008 Universal Studios fire. Many masters, including... Read More...
(l to r) Thomas Scherer, EVP Repertoire & Marketing, BMG LA; Feline Moje, Director Recorded Music GSA; Fred Casimir, EVP Global Recordings; Aloe Blacc; Hartwig Masuch, CEO BMG; Dominique Casimir, EVP Continental Europe Repertoire & Marketing; Jason Hradil, SVP Global Repertoire (photo: BMG)

Aloe Blacc Inks Global Recording Pact With BMG — New Album This Year

Marsha Silva
February 14, 2020
(l to r) Thomas Scherer, EVP Repertoire & Marketing, BMG LA; Feline Moje, Director Recorded Music GSA; Fred Casimir, EVP Global Recordings; Aloe Blacc; Hartwig Masuch, CEO BMG; Dominique Casimir, EVP Conti... Read More...
Tencent Music May Push IPO to 2019

Who Says Warner Music Gets to Have All the Fun? Universal Music Group Says They’re Also Going Public

Paul Resnikoff
February 13, 2020
2
According to the just-released earnings report from Vivendi, a French media conglomerate and the parent company of Universal Music Group, UMG will initiate a Wall Street IPO sometime within the next three yea... Read More...

A&R Exec Sues Warner Music Group After Losing a $500,000-a-Year Gig

Marsha Silva
February 6, 2020
4
Warner Music Group (WMG) is being sued by Michael Flynn, a producer/A&R exec who says that he was promised—and later denied—a $500,000-per-year A&R job. In the filing, which was submitted to the Supe... Read More...
Lil Nas X

Lil Nas X Drives a Financial Boom at Sony Music — Quarterly Revenues Approach $2 Billion

Marsha Silva
February 4, 2020
1
Courtesy Photo: Apple Sony Music Entertainment just posted a strong increase in Q3 revenue, across both recorded music and publishing.  Lil Nas X — inked to Columbia/Sony back in March of 2019 — helped to dri... Read More...
Warner Music

Warner Music Group Quarterly Earnings Jump 42% (Thank You, Streaming)

Marsha Silva
January 31, 2020
3
Warner Music Group HQ, Downtown LA Warner Music Group (WMG) just reported a very solid first-quarter growth. Warner Music Group (WMG) recorded substantial profits in the first quarter of its fiscal year, whi... Read More...
Streaming Pushes Sony Music's Revenue Over $4 Billion

Sony Music Entertainment Restructures, Bolsters Asian and Middle Eastern Operations

Marsha Silva
January 24, 2020
Sony Music Entertainment CEO Rob Stringer Sony Music Entertainment (SME) is restructuring and expanding its operations in Oceania, Asia, and the Middle East. In a formal announcement, the company indicated t... Read More...
As UMG Sale Talks Slow, Liberty Media, Apple, KKR, and Tencent Emerge as Frontrunners

Universal Music Starts an In-House Data Division to ‘Gain an Edge’

Colin Cohen
January 14, 2020
Universal Music UK has announced that it is launching a new division that will focus on data science, research, and strategy. The new division is being called The Square, and will operate out of the company'... Read More...
As UMG Sale Talks Slow, Liberty Media, Apple, KKR, and Tencent Emerge as Frontrunners

Armed With $500 Million, Saban Music Group Inks a UMG Distribution Deal

Colin Cohen
January 9, 2020
1
The Saban Music Group has announced that it has reached a global distribution and marketing deal with Universal Music Group (UMG), which comes six months after billionaire Haim Saban pledged $500 million for ... Read More...
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