(Bloomberg) -- A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion) from the sale of ...
Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...
Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...
Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.
Spotify has released its Loud & Clear breakdown for 2024, when 1,450 artists are said to have generated (but not necessarily ...
Spotify’s new Loud & Clear transparency report shows payments to the music industry of $10 billion in 2024, half of which ...
Spotify paid $10 billion to the music industry last year, with $4.5 billion to publishers across 2023-24. So why are ...
The streaming giant paid out around 60% of its revenue as royalties, as it recorded a $110bn market value. Read more.
Universal Music Group published its Q4 and FY 2024 results on Thursday (March 6), posting overall revenues in FY 2024 (across recorded music, publishing, and more) of EUR €11.83 ...
What are the consequences for music when the creative struggle is reduced to a set of text prompts for AI? Andrew McMillen ...
On yesterday’s Universal Music earnings call CEO Lucian Grainge revealed plans to spend billions on global acquisitions, targeting emerging markets where “massive piracy” previously prevented ...
Universal Music Group published its latest financial results yesterday, revealing that its revenues were up 7.2% year-on-year ...