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universal music layoffs

UMG Layoffs Quickly Commence Following Q4 Earnings Release — Affecting Mid-Level Team Members and Multi-Decade Execs Alike

Dylan Smith
March 1, 2024
Following ample speculation – and about six weeks after confirming a team-size reduction – Universal Music Group (UMG) has moved forward with substantial layoffs. The major label’s personnel cutbacks initiat... Read More...
Warner Music Tips Industries partnership

Warner Music and Tips Industries Limited Expand Their Partnership

Ashley King
February 29, 2024
Warner Music expands its partnership with Mumbai-based Tips Industries Limited, giving Warner global access to Tips’ extensive music catalog. After a successful partnership lasting over three years, Warner M... Read More...
beatBread indie labels funding

beatBread Provides $10 Million in Capital to Indie Labels in New Partnership Deals

Ashley King
February 28, 2024
AI-driven funding platform beatBread signs a series of funding deals to empower independent label growth and expansion in 2024. beatBread, an AI-based funding platform for artists and independent labels, has... Read More...
Atlantic Music Group layoffs 2024

Atlantic Music Group Announces Two Dozen Layoffs as Painful WMG Downsizing Continues

Ashley King
February 26, 2024
An internal memo from Atlantic Music Group reveals around two dozen staff will be laid off as part of a broader restructuring effort. Parent Warner Music Group announced a 10% reduction in the work force earl... Read More...
Nora Fatehi Warner Music Group deal

Warner Music Group Inks Nora Fatehi Deal, T-Series Still Handling Bollywood

Ashley King
February 26, 2024
Warner Music Group has announced it has inked a deal with global star Nora Fatehi, her first agreement with a global major record company. WMG will promote Nora’s global music career, working with teams in t... Read More...
Crowded House BMG

Crowded House Sign Global Recordings Deal with BMG

Ashley King
February 15, 2024
Australian rock band Crowded House signs a global recordings deal with BMG for their upcoming eighth studio album. Award-winning Aussie band Crowded House has signed a global recordings deal with BMG for the... Read More...
UMG's Lucian Grainge vs. WMG's Robert Kyncl: A Tale of Two TikTok Deals

UMG Had the Chutzpah to Stand Up to TikTok — Too Bad Warner Music Group Won’t Be Joining Them

Paul Resnikoff
February 9, 2024
While Universal Music Group is rallying plenty of music industry support following its TikTok pullout, that love isn't spilling into a mass pullout. Even more telling are those that aren't even thinking about... Read More...
PLAYCODE Believe Japan imprint for hip-hop launched

Believe Gets Even Bigger in Japan with New Hip-Hop Imprint, Playcode

Ashley King
February 8, 2024
Believe is continuing its expansion in Japan with a new imprint dedicated to Japanese hip-hop music called Playcode. They’ve also established partnerships with Japan’s hip-hop artists including ¥ellow Bucks, ... Read More...
Warner Music layoffs

Warner Music Is Cutting 10% of Workforce — And Looking to Offload Uproxx and HipHopDX Properties

Ashley King
February 7, 2024
Warner Music Group will shed 10% of its workforce in a round of layoffs expected to impact around 600 people. An SEC filing reveals that the majority of these job losses will come from its corporate and medi... Read More...
capitol music group

UMG Announces Capitol Music Group Executive Appointments Amid Comprehensive Reorganization

Dylan Smith
February 7, 2024
Closer to February’s beginning, Universal Music Group (UMG) unveiled a major restructuring initiative centering on bolstered roles for Republic’s Monte Lipman and Interscope Geffen’s John Janick. Now, within ... Read More...

BMG ‘Doubles Down on North America’ With Multiple Executive Shifts — ‘A Distinctive New Approach’

Dylan Smith
January 25, 2024
BMG has moved to “double down” on operations in North America, where the Bertelsmann subsidiary is said to generate north of 50 percent of its annual revenue. Berlin-based BMG today announced the pivot, cen... Read More...
Drake OVO Sound

Drake’s OVO Draws Investment from Sony Music-Partnered Santa Anna Label Group

Ashley King
January 23, 2024
Santa Anna Label Group has announced an investment and partnership with Drake’s OVO Sound imprint to provide additional artist and label services. Together, the partnership will support Santa Anna Label Grou... Read More...
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