AI Can Be a “Very Real and Present Threat to Human Artistry,” Music Industry Lobbying Group Warns
The IFPI calls on policymakers to help "amplify human creativity, not to replace it," while Universal Music is looking for ...
Universal Music Says Drake “Lost a Rap Battle” and It Shouldn’t Be Held Liable for Hyperbole
The label says followers of the rap battle understand that Kendrick Lamar was exaggerating in the song accusing Drake of ...
Iggy Azalea accuses Universal Music Group of withholding eight-figure royalties
Australian rapper Iggy Azalea has accused Universal Music Group of withholding millions of royalties owed to her from the ...
Music Business Worldwide3h
Global recorded music revenues hit $29.6bn in 2024, up 4.8% YoY; users of paid music subscriptions reach 752m
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music ...
Variety12d
Universal Music Posts Solid 2024 Results, Doubles Down on ‘Superfans’ and ‘Streaming 2.0’
Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 ...
Universal Music Group: Not There Yet, But Heading In The Right Direction
Universal Music Group's Q4 earnings exceeded expectations. Read here for an update on UMGNF stock's growth challenges, and ...
Music Business Worldwide5h
Badshah launches label Pentertainment 0075 with support from Universal Music India
Superstar India-based rapper Badshah has launched a new label called Pentertainment 0075. Continue to article... The label ...
Billboard5d
Universal Music Group Shares Fall Nearly 9% on Pershing Square Stock Sale
Spotify is the BGMI’s largest component with a market capitalization of approximately $117 billion — more than twice that of Universal Music Group’s (UMG’s) $50.2 billion. The stock also ...
Universal Music Group moves to dismiss Drake's lawsuit over Kendrick Lamar diss track
Universal Music Group is asking a judge to throw out Drake's defamation lawsuit over Kendrick Lamar's hit song "Not Like Us." The label's court filing uses strong language to defend Lamar's lyrics, ...