Up to 50% of major label Universal Music Group is for sale

The biggest music label in the world has up to half of it’s stakes up for sale presenting a major opportunity for investors. Vivendi have just appointed banks who will manage the sale of up…

Spotify are making a profit for the first time in 13 years

Spotify have been leading the music streaming revolution for 10+ years and at last the company has turned a profit for the first time. Spotify have revealed their quarterly report for Q4 2018 and it…

Warner Music and Sony Music Own $200 Million in Shares of Tencent Music in China

Tencent Music has just filed for it’s IPO in the United States. Within that filing it was announced that Warner Music Group (through its Chinese subsidiary) and Sony Music have bought $200m of shares in…

American’s listen to 2+ hours of music every day

We’re living in a time of unlimited and unrestricted music access, and with a world of music at our fingertips people are listening more than ever. The internet and music streaming services have revolutionised how…

The state of music streaming in 2018

2018 has been the biggest year for music streaming yet as people all around the world sign up for limitless listening. Midia have released their report for the music streaming industry in the first half…

Tencent Music set a date for their $30 billion IPO

One of the biggest forces in music business around the world, Tencent Music Entertainment are prepping their monumental IPO and have finally set a date for the event. Tencent Music Entertainment have set the 18th…

Spotify co-founder just sold $40 million in their stock

One half of the founders of Spotify has decided to sell of a massive $40 million in stock after going public has bumped their value up more than they expected. Martin Lorentzon, Daniel Ek’s other…

Warner Music just sold all their Spotify stock to give to artists

Can big record labels still have a conscience and do good? Warner Music Group may have just proved that with a big move for artists and labels. Warner Music Group have just sold all of…

Sonos look to the future as they reveal more IPO details

Sonos have put their speakers in homes around the world, now they’re taking their company public and have revealed details of how their entry onto the market will look. Earlier this year Spotify went public…

Independent music is now bigger than all the major labels

As digital music revolutionises the industry, independent artists and labels are taking over as they collectively earn more than the major labels for the second year. A new annual survey of the recorded music and…