Warner offer to buyout employees as music streaming becomes priority

Warner Music Group have placed their bets on music streaming being the next big thing, but that may see some employees left jobless. Warner are offering to buyout employees who still work with physical music….

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…

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…

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…

Warner Music work with Mixcloud to monetise online indie radio

British radio streamers Mixcloud have signed a massive deal with Warner that will license Warner Music Group music for use on their radio shows. Mixcloud and Warner Music Group have signed a deal that enters…

SONGS, publisher behind Lorde, The Weeknd & more up for $160m+ sale

The independent music publisher SONGS is going up for sale, with the majors like Warner, Sony and Universal likely keeping their eyes peeled. SONGS music publishing are responsible for some of the world’s biggest artists…

Spinnin’ Records go major, the independent label gets bought for over $100m

Massive Dutch dance label Spinnin’ Records has been bought in a giant $100m+ deal by major label Warner Music Group. After a bunch of giant companies reportedly fought over Spinnin’ Records massively successful label for…

Remixes of Sony artists to be legalised in Dubset deal

Dubset have made a deal with their first major label, Sony, to make remixes and samples under the label legal. Dubset are a body who have been fighting to legitimise remixes which are often the…

Spotify just signed a deal with Warner, all 3 majors now sorted for streaming

Spotify have secured the 3rd major label allowing them to stream all of the top music owned by the 3 majors; Sony, Universal, and now Warner. It’s been a long time coming but Spotify have…

Warner Music Group (WMG) have already made $2.7 billion this year, thanks streaming

Warner Music was sold for $2.6 billion in 2004, and now roughly ten years later WMG have made more than that in 7 months. So if you haven’t noticed music streaming is massive, so massive in…