Warner Music Group closed their first day trading 20% above IPO price

Warner Music’s late launch on Wall Street has paid off as their first day showed huge value on their shares. Warner Music Group launched their Initial Public Offering on Wall Street last week after delaying…

Netease Cloud Music just licensed over 1 million Warner tracks for nearly 1 billion users

The huge Chinese music streaming platform has just gained the rights to a huge catalogue of music from Warner Chappell. NetEase Cloud Music is a giant in the music streaming landscape. With over 800 million…

Is Saudi Arabia looking to buy Warner Music Group?

Interesting reports have been circulating about one of the world’s biggest labels but are these simply rumours? Last week The Hollywood Reporter published an article suggesting that Saudi Arabia had made an offer on Warner…

Apple Music sign new deals with major labels but maybe not the ones they wanted

Apple’s new deals with the Big Three record labels don’t equip them for Apple TV+ bundles as they probably hoped. The time of renewal was upon Apple Music to ensure that they could stream music…

Tencent Music’s deals with major labels are under investigation

The massive Chinese company could see their grip on China’s music industry lost as an antitrust watchdog reviews their deals. Tencent Music Entertainment represents the biggest music company in China, a subsidiary of the giant…

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…

Snapchat Trying to License Major Label Content from Universal Music, Sony Music and Warner Music

It has been reported that Snap is currently in talk with the major record labels to expand the ways users can include music in posts on its flagship Snapchat app. Snapchat is obviously starting to…

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…

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…

Hi-res streamers Qobuz set their sights for the US as they name new CEO

European based music streamers Qobuz are setting sail for the Americas as they expand under new management. High resolution music streaming service Qobuz are set to launch their services in the US this summer, expanding…