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…

Virtual Reality concerts are coming, with Universal and Avenged Sevenfold’s new VR platform

Virtual reality headsets are quickly going beyond gaming to create art experiences, development tools, 3D short films, and now VR live music concerts. Universal Music Group have revealed that they’re working with metal group Avenged…

Universal Music Purchase of EMI Should be Approved This Week by European Commission

There are lots of reports this morning that the Universal purchase of EMI will be approved this week by the European Commission. The combined company is being forced to divest itself of Parlaphone. Additionally, there…

eMusic Losing Key Independent Labels Such as Beggars, Merge and Domino

eMusic is getting ready to add 250,000 songs from Universal Music Group’s catalogue, however they are losing out on the independents. eMusic are about to launch a major overhaul to its subscription pricing scheme and this hasnt made a lot of leading independent record labels happy.

Universal Music Group Partners With Meebo for Ad-Supported Videos

Universal Music Group and Meebo have partnered with relation to adding ad-supported videos to Meebo. The partnership launches with Kanye West, Ludacris and The Killers. The deal is similar to ad revenue sharing deals that…