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warner music group

Warner Music Group Stock Slips Following Q4 FY 2021 Earnings Miss — Despite Double-Digit Revenue Growth

Dylan Smith
November 15, 2021
Warner Music Group (NASDAQ: WMG) turned in a 22 percent year-over-year revenue increase during the fourth quarter of its 2021 fiscal year – covering the three months ending on September 30th – as digital grew... Read More...
republic records

Universal Music Sues Investment Platform Over Alleged Republic Records Trademark Infringement

Dylan Smith
November 12, 2021
Universal Music Group (UMG) is officially suing five-year-old investment platform OpenDeal (doing business as Republic) over its recent expansion into music, which allegedly infringes upon several trademarks ... Read More...
Matthew Vaughn Marv Music

Matthew Vaughn’s MARV Launches MARV Music – Joint Venture with WMG

Ashley King
November 11, 2021
Matthew Vaughn's Marv is teaming up with Warner Music Group for a new joint venture label – Marv Music. The new label will work with new and established artists to create original music for films, soundtrack... Read More...

Warner Music Debuts Hip-Hop Label Atlantic Records Benelux Two Weeks Following Asiatic Records’ Rollout

Dylan Smith
November 5, 2021
Back in March, Warner Music Group acquired Moscow-based Zhara Music and renamed the division Atlantic Records Russia. Now, the Big Three label, having experienced a more than 75 percent stock-price surge sinc... Read More...

BTS Agency Hybe and Universal Music Announce Open Auditions For U.S.-Based K-Pop Girl Group

Dylan Smith
November 4, 2021
9
Back in February, BTS agency Hybe and Universal Music Group announced plans to create “a new global K-pop boy group” in the United States as part of an “expanded strategic partnership.” Now, less than two wee... Read More...
Believe Digital stock

Believe Spends $14 Million On 25% Play Two Stake, Reports Double-Digit Q3 Revenue Jump

Dylan Smith
November 4, 2021
Indie distributor and label Believe, having debuted on the Euronext Paris over the summer, has acquired a 25 percent stake in TF1 Group’s Play Two, which bills itself as “France’s foremost independent music l... Read More...
Sony Music logo

Sony Music Q2 FY Revenue Approaches $2.4 Billion On Continued Streaming Growth — Despite Relatively Small Quarterly Gains

Dylan Smith
October 28, 2021
2
During the second quarter of its 2021 fiscal year – covering the three months ending on September 30th – Sony Music Entertainment (SME) turned in double-digit year-over-year (YoY) streaming growth on both the... Read More...

Lyor Cohen-Founded 300 Entertainment Explores $400 MM+ Sale: Report

Dylan Smith
October 28, 2021
1
300 Entertainment – the record label behind Megan Thee Stallion, Fetty Wap, Young Thug, and a number of other acts – is reportedly looking to sell for north of $400 million.   The Lyor Cohen-founded label’s ... Read More...

Universal Music Group Records Double-Digit Revenue, Streaming Growth In First Post-IPO Earnings Report

Dylan Smith
October 28, 2021
2
Building upon the double-digit gains recorded during this year’s opening half, Universal Music Group in Q3 2021 – the first quarter in which it’s reported earnings as a publicly traded company – enjoyed a 15.... Read More...
Meek Mill contract tweets

Meek Mill Says His Record Label Isn’t Paying Him And He’s About to Leak His Contract

Ashley King
October 26, 2021
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Meek Mill has taken to Twitter to air frustrations with his recording contracts. But fans are having none of the rapper's complaints, even if they are legitimate. The rapper tweeted on October 25, "I haven't... Read More...

Warner Music Group Debuts Asia-Based Hip-Hop Label Asiatic Records, Signs Indonesia’s Ramengvrl

Dylan Smith
October 20, 2021
Warner Music Group (NASDAQ: WMG) has officially launched Asiatic Records, “a new Asian label dedicated to supporting the best hip-hop and rap talent from across the region.” The Big Three record label annou... Read More...

Photographer Danny Clinch Sues Warner Music Group, HipHopDX Over Tupac Image

Dylan Smith
October 18, 2021
A photographer named Danny Clinch is officially suing Warner Music Group and HipHopDX for allegedly infringing upon an image of Tupac Shakur. Toms River, New Jersey-born Danny Clinch and his legal team just... Read More...
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