Universal are tearing down all cover song videos on Facebook

Want to┬átribute your favourite songs with your own cover version and share it with your friends? If you do, apparently you’re damaging a multi-billion dollar major record label… We all know how strict music copyright…

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,…

Struggling music video service Vadio dies, taking $12 million with it

Promising music video monetization startup Vadio have lost the wind in their sails, crashed and died with millions in funding lost down the drain. Portland-based startup Vadio have had to give up after four years…

Apple say Apple Music has “well past 20 million” subscribers

After revealing that they ended the year with 20 million subscribers Apple are now proudly boasting that since then they’ve grown to “well past 20 million” subscribers. According to Apple’s senior vice president of internet…

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…