Thanks to the massive success of UMG ahead of its upcoming sale, Vivendi’s own bottom line rose 5.5% in Q3 2018. Last summer, after discarding the idea of a $40 billion IPO for its major […]
Corporate Corner
Label Group IFPI Says It Can’t Account for Half of YouTube’s Claimed $1.8 Billion In Royalty Payments
Google recently published an anti-piracy report claiming that YouTube has paid more than $1.8 billion in ad revenue to the music industry in 2017. However, the IFPI is challenging Google’s claim, saying that it can’t verify the […]
Tidal Is Now Integrated Into Samsung Wearables – And the Apple Watch Is Next
Tidal has announced its app is now available on a wide variety of Samsung wearable devices. Those devices include the Samsung Galaxy Watch, Gear Sport, Gear S2 & S3, and its fitness-oriented products the Gear […]
UnitedMasters Unveils a Lucrative Deal with the NBA
United Masters’ deal with the NBA will allow artists on the platform to sell their merchandise and show tickets directly to fans. Last year, UnitedMasters launched with a lot of money and a somewhat vague […]
Despite YouTube Music’s Relaunch, YouTube Premium Falls Out of the Top 10 Streaming Services In the U.S.
Is YouTube Music drawing any subscribers? Just-released data on YouTube Premium suggests a very sluggish start. YouTube’s latest music subscription service is failing to boost YouTube Premium in any substantial way, according to recent research. […]
SAG-AFTRA Reaches a Streaming Royalty Deal with UMG, WMG, and Sony Music
With the rise of streaming music, SAG-AFTRA wants to make sure its members get paid. SAG-AFTRA has reached a tentative agreement with major labels following months of negotiations.  The three-year agreement is a successor contract to the […]
Tencent Music Officially Files for Its $25 Billion IPO – and Spotify, Warner Music, and Sony All Have Stakes
You might call Tencent Music Entertainment the ‘Spotify of China’. Just one big difference: Tencent is profitable. Tencent Music Entertainment has officially filed for an IPO in the U.S., a widely expected move. The Tuesday […]
Ticketmaster Faces Possible Class Action Damages Exceeding $100 Million Following ‘Scalpergate’
Tickemaster faces class action lawsuit. Lawyers are threatening Ticketmaster with new lawsuits after the Toronto Star published undercover videos connecting the company to scalper operations. The secretly-filmed video draws a clear link between Ticketmaster and scalpers, […]