Universal Music launch initiative to boost music startups worldwide

Universal Music Group want to help new music-based companies and innovators take off with a new accelerator initiative. Universal Music Group (UMG) are helping companies to start out in the music industry and establish their presence….

The world’s biggest music label, Universal Music is being sued for stealing fonts

Universal Music Group are being sued in a $1.25 million lawsuit for being naughty with their fonts, apparently. British pop-rockers ‘The Vamps’ are facing a pinch of trouble after their label, the giant Universal Music…

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

Spotify have agreed to a deal that will make 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…

Music streaming is making Universal Music more than physical music sales

Universal Music Group’s 2016 performance shows incredible growth with it’s best fiscal performance ever despite dropping physical and download sales – thanks to streaming. Vivendi, who took 100% ownership of Universal Music Group in 2006,…

Streaming “needs our help” says newly knighted UMG CEO Sir Lucian Grainge

A week following his knighting by Prince William, UMG’s top dog Sir Lucian Grainge pledges his support to music streaming. In the latest edition of Music Week Sir Lucian Grainge, the chairman and CEO of Universal…

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…