Facebook going legal for music with Sony/ATV deal following Universal

Facebook have signed a new deal with Sony/ATV that brings them closer to a working music copyright system. Sony/ATV have signed a licensing agreement with Facebook following Universal signing a multi-year deal with the social…

Vevo nearing profit as revenues boom with 50% rise in views

Vevo look to make a profit in 2018 as their platform grows and they look to re-negotiate their deals with YouTube. The music video platform owned by major labels, primarily Universal Music Group, looks like…

Facebook finally licensing music with Universal Music deal

Facebook have finalised a licensing agreement with Universal Music meaning that they might be fixing the rife copyright infringements on Facebook Videos. The deal with Universal will see music licensed in a multi-year deal on…

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…

Universal Music buys British labels behind Elvis Costello, Frankie Goes To Hollywood

Two of the most influential record labels in the UK have just been bought by Universal Music Group. Major label, Universal Music Group have just bought Stiff Records and ZTT, two of the UK’s biggest…

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…

China’s music industry is booming, but it needs independence

China’s online music market is predicted to see awesome growth this year, showing nowhere can avoid the success of music streaming. According to research from firm iResearch, they predict that the ‘paid online music’ market…

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….

Universal Music brings vinyl delivery service to the US

UMG have finally launched The Sound of Vinyl in the US offering tens-of-thousands of records from massive artists to rising indie’s. Universal Music Group have launched their vinyl record store in the US after seeing…

Alibaba and Tencent precede $10bn IPO by sharing Sony and Universal music

Before embarking on Tencent’s rumoured, enormous $10 billion IPO they have secured a deal with Alibaba to share each others music. Tencent are a giant investment company with their fingers in a multitude of pies, including…