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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...

Rich Music CEO Sentenced to Five Years in Federal Prison on Wire Fraud Charges

Colin Cohen
January 6, 2020
Photo of Rich Mendez, CEO of Rich Music A judge has sentenced Rich Mendez, who is the CEO of Rich Music, to five years in federal prison for wire fraud. Rich Music is one of the top Latin labels in the Unite... Read More...

Warner Music Turkey Officially Sets Sail; Instanbul Offices Opened

Colin Cohen
January 6, 2020
Photo of Alfonso Perez-Soto (courtesy of Warner Music) Warner Music is opening an office in Istanbul, Turkey, further expanding their partnership with Doğan Music. The new affiliate office will work with Doğ... Read More...
Music Industry Latest - Martin Garrix, The RIAA, Amazon Music Brazil, Danny Wimmer Presents, LiveXLive Media, More...

Spinnin’ Records Wins Appeal in Lawsuit with Martin Garrix

Colin Cohen
December 24, 2019
In the Netherlands, a Dutch appeals court has ruled against DJ Martin Garrix in an appeal filed by his former label Spinnin’ Records and MusicAllStars Management. In August of 2015, Garrix announced that he ... Read More...

What Taylor Swift Controversy? Big Machine Label Group Signs Sugarland

Colin Cohen
December 17, 2019
Photo of Sugarland by Daniel Mayer (CC BY-SA 3.0) All the controversy relating to Taylor Swift and Big Machine Records have not stopped the record label from signing the country music duo Sugarland. This is ... Read More...
Blake Shelton God's Country Music Credits

Warner Music Nashville Joins the Party on Standardized, Complete Music Credits

Ashley King
December 16, 2019
Photo Credit: Instagram Full credits have fallen to the wayside since digital downloads and streaming took over. Now, Warner Music is announcing a major step towards standardized music credits during the prod... Read More...

Sony Music Inks Strategic Investment In Podcast Producer Neon Hum

Colin Cohen
December 13, 2019
According to the Hollywood Reporter, Sony Music Entertainment has made what it termed a "strategic investment" in Neon Hum, which is a podcast production company. Sony made the deal, it is said, in the hope ... Read More...

Geffen Records President Exits to Pursue Indie Management + Label Venture

Colin Cohen
December 12, 2019
Neil Jacobson, who is the president of Geffen Records, will be leaving the company to launch his own venture. Jacobson will leave Geffen at the end of the year, and he is expected to be involved in the trans... Read More...

Warner Music, Providence Equity Partners Amass $650 Million To Buy Music Catalogs

Colin Cohen
December 10, 2019
1
Warner Music Group announced that they and Providence Equity Partners have raised $650 million, which they intend to use to purchase music catalogs. The partnership is called Tempo Music Investments. Accordi... Read More...
As UMG Sale Talks Slow, Liberty Media, Apple, KKR, and Tencent Emerge as Frontrunners

Universal Music Launches ‘A-Pop’ Focused Record Label With AirAsia

Colin Cohen
December 6, 2019
1
Universal Music Group is launching a new record label in partnership with airliner AirAsia that will focus on developing Asian pop stars. Called RedRecords, the company will have offices in both Los Angeles ... Read More...
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