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best music streaming service for artists Peloton

What’s the Best-Paying Music Streaming Service for Artists? Facebook and Peloton, Believe It Or Not

Ashley King
July 14, 2021
3
Which music streaming platform pays artists the most? Surprisingly, the answer in 2021 is Facebook, followed by Peloton. The exercise bike company beat out Spotify, Apple Music, and even Tidal. Data analyzed... Read More...

Universal Music Group Stock: Latest News & Valuation Estimates (Updated)

Paul Resnikoff
June 23, 2021
Universal Music Group stock isn't publicly traded yet, though its IPO is slated for September 21st, 2021. At an estimated valuation of more than $40 billion, Universal Music Group is easily the world's large... Read More...

Who Owns Universal Music Group? Here’s a Quick Overview

Paul Resnikoff
June 21, 2021
1
With a valuation estimated at more than $50 billion, Universal Music Group is easily the world's biggest record label and music company. But exactly who owns Universal Music Group? The answer to that question... Read More...

David Guetta Sells Recording Catalog to Warner Music Group In Broader $100 Million Deal

Dylan Smith
June 17, 2021
Paris-born DJ David Guetta has sold his recorded catalog to Warner Music Group (WMG) as part of a broader “worldwide pact” worth a reported $100 million. New York City-headquartered Warner Music Group annou... Read More...
warner music group

The Jesus and Mary Chain Sues Warner Music Group for $2.55 Million for Refusing to Return Copyrights

Dylan Smith
June 15, 2021
Scottish alt-rock band The Jesus and Mary Chain (JAMC) is suing Warner Music Group (WMG) for $2.55 million over the Big Three record label’s alleged failure to return the copyrights from 17 tracks. The Jesu... Read More...
Believe Digital stock

Shares of Believe Drop Substantially as Euronext Paris IPO Proves Underwhelming

Ashley King
June 10, 2021
French digital music company Believe stumbled on its market debut. Shares slid more than 13% on their first day of trading. Believe is a major player in the indie distribution and label services world, thoug... Read More...
believe ipo

Believe Digital’s 300 Million Euros IPO Is Already Booked, Early Reports Indicate

Dylan Smith
June 4, 2021
Earlier this week, Believe revealed plans to raise $365 million (€300 million) by debuting on the Paris Stock Exchange. Now, just three days later, the indie label distribution company’s sizable IPO is alread... Read More...

William Ackman SPAC Closes In on $40 Billion Universal Music Group Deal — Sources

Paul Resnikoff
June 3, 2021
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Last month, we reported on rumblings of a possible 10% divestiture by Universal Music Group. Now, that deal appears to be a tad bigger than we initially thought. The mysterious 'American investor' we pointed... Read More...
Vivendi shareholders approve plan for UMG IPO

Believe Digital Lowers Its IPO Ambitions to 300 Million Euros — 40% Lower Than Initial Target

Dylan Smith
June 1, 2021
Last month, Believe Digital announced that it was planning a more than $600 million (€500 million) listing on the Paris Stock Exchange. Now, the indie label distribution company has lowered its IPO ambitions ... Read More...
warner music group

Warner Music Group Announces $61.7 Million Quarterly Dividend

Dylan Smith
May 13, 2021
Warner Music Group (WMG) has announced that it will distribute a $61.7 million quarterly dividend to its shareholders moving forward. The Big Three record label detailed its plan to pay a nearly $62 million ... Read More...

Morgan Wallen Isn’t Getting Dropped by His Record Label, Big Loud/Republic — “Cancellation Is a Slippery Slope”

Paul Resnikoff
May 10, 2021
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After a multi-month suspension, Morgan Wallen has suddenly received a ringing endorsement from Big Loud CEO Seth England. Instead of getting dropped, Morgan Wallen now looks ready to resume working with Big ... Read More...
Vivendi shareholders approve plan for UMG IPO

It’s Official: Believe Is Plotting a $600 Million-Plus IPO on the Paris Stock Exchange

Dylan Smith
May 10, 2021
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Back in November of 2020, reports indicated that Believe was considering arriving on the stock market with a more than $2.4 billion (€2 billion) IPO. Now, the indie label distribution company has officially a... Read More...
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