Independent labels take larger UK music market share than Sony, Warner for first time

As the music industry shifts and independents take the power away from major labels, the UK’s music market shows just how strong independent music has become. The latest statistics from the Official Charts Company in…

China’s massive Tencent are looking at a 50% stake in major label Universal

One of the world’s biggest music labels is being eyed up by Chinese conglomerate for a potentially massive stake acquisition. Tencent, the massive Chinese company responsible for much of the biggest music tech happenings in…

UMG CEO Lucian Grainge shares advice for artists in the age of smart speakers

The CEO of the world’s largest record label has some words of wisdom to share in the ever-changing tech of the modern music industry. The latest reports from December 2018 revealed that 66 million households…

UMG music is all good on Mixcloud now with a new deal

SoundCloud rival Mixcloud have shaped their own path in the new world of music streaming and with a new deal that path’s horizons broaden further. British streaming service Mixcloud have just signed a deal with…

Universal name the new president of Island Records

Following their president’s departure for Sony Music, Universal Music Group’s Island Records have named their new president. David Massey exits his role as the president of Island Records on the 1st of June and will…

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…

Spotify’s value soars as they join the stock market for the 1st time

Spotify have made their debut on the stock market and it has rocketed their valuation skywards. After rumours suggesting that Spotify were working towards an IPO for over a year they have instead just placed…

Facebook sign a deal with Warner Music, the last of the 3 major labels

As Facebook move towards legally allowing music on their social media platform, they have just finalised licensing deals with the last of the major labels. Warner Music Group have announced they’re┬áteaming up with Facebook to…

Facebook just signed a deal with ICE, licensing millions of tracks

As Facebook move into music legitimacy they are signing deals across the board to protect copyrights, now adding ICE to their friends. Following the past year’s controversy over music copyrights on Facebook the social media…

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…