It has been formally confirmed that Warner Music Group (NASDAQ: WMG) would distribute a $82.4 million quarterly dividend to shareholders. The Big Three record labels, which will re-enter the public market in June 2020, officially […]
Tag: Universal Music Group
Universal Music Group Might Sell a 10% Stake to an Unidentified ‘American Investor’
Ahead of the much-anticipated Universal Music Group IPO, French conglomerate Vivendi is considering selling another 10 percent stake in the Big Three record label to an unidentified “American investor.” Vivendi – which previously sold one-fifth of Universal […]
Universal Music Group Files a Lawsuit Against PokerNews for Infringing Works on Podcasts
Facing nearly $7 million in damages, will PokerNews and iBusMedia fold in Universal Music Group’s copyright infringement lawsuit? Every so often, PokerNews releases a new podcast. The website, owned by iBusMedia, deals with subjects in the poker […]
Universal Music Group’s Revenues Jump 13.5% as Sales Chatter Intensifies
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 […]
Universal Music Group Is Now Toying With a $40 Billion IPO – Among Other Possibilities
Universal Music Group (UMG) parent Vivendi is now considering a behemoth Wall Street public offering. But that’s just one of several tasty possibilities ahead. Universal Music Group (UMG) could potentially fetch a $40 billion valuation […]
What Streaming Music Services Pay (Updated for 2018)
Find out what top streaming services — including Spotify, Apple Music, and Amazon Music — actually pay per play. Thanks to streaming music services, record labels reported record-breaking revenue last year.  In 2017, the ‘big three’ made […]
UMG Makes $4.48 Million a DAY from Streaming Music
Once again, despite licensing issues with Spotify, music streaming pushes industry revenue way, way up. Universal Music Group reported $1.1 billion in music streaming revenue alone between January and September of this year. This marks […]