YouTube to pay more for music after deal with major labels

The 3 major labels have all now created new deals with YouTube that will provide better payouts for music in the wake of YouTube’s new music service. Earlier this month sources revealed that Warner Music…

YouTube are launching a music subscription service next year

At last! It looks like YouTube want to rectify their damaged relationship with the music industry with a new paid service for music. YouTube have long been criticised for their extremely low payouts on music…

Brace yourselves: Universal Music Group are discussing an IPO

Universal Music Group are the world’s biggest record label making millions every day, and they might open their shares up to the public. After piracy began killing the music industry in the 2000’s, music streaming…

Apple launch trailer for Puff Daddy & Bad Boy Records documentary

Apple aren’t holding back on their move into videos releasing a trailer for another upcoming documentary featuring Puff Daddy coming to Apple Music. Apple Music’s upcoming documentary, one of many, will follow the rise of…

Certain albums on Spotify will be Premium-exclusive after Universal Music Group deal

Spotify have agreed to a deal that will┬ámake certain new albums exclusive to Premium users 2 weeks before free listeners get a chance to hear it. After lengthy discussions between Spotify and labels, the streaming…

Spotify CEO Daniel Ek named the most powerful person in the music business beating out major label CEOs

Spotify’s top man Daniel Ek has been named as the most powerful person in the music industry by Billboard, taking the place of Universal Music CEO Lucian Grainge. Music magazine Billboard have updated their Power…

Despite “advanced talks” Spotify aren’t buying SoundCloud now

Earlier this year in September rumours circulated that Spotify might buy up SoundCloud’s open digital music platform, but┬ádiscussions have now reportedly been closed. In September reports suggested that Spotify were in talks with SoundCloud for…

Prince William knights Universal Music CEO Lucian Grainge

In a “recognition of British music’s significance to the UK” Lucian Grainge, chairman and CEO of UMG, has been knighted by Prince William. Yesterday Prince William, the Duke of Cambridge, knighted London-born Lucian Grainge during…

UMG already made a record $1 billion from music streaming this year

Once again music streaming has proved that it’s reinvigorating the music industry with Universal Music Group (UMG) having made more than $1 billion in the first nine months of 2016. Universal Music Group, 1 of…

Famed music exec Lyor Cohen joins YouTube to strengthen artist relationships

Label giant and industry veteran Lyor Cohen has joined YouTube to improve artist relationships amidst tension between YouTube and the majority of the music industry. Cohen joins the Google-owned video hosting site as global head…