Warner Music just sold all their Spotify stock to give to artists

Can big record labels still have a conscience and do good? Warner Music Group may have just proved that with a big move for artists and labels. Warner Music Group have just sold all of…

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…

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…

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….

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…

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…

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┬ámade more than that in 7 months. So if you haven’t noticed music streaming is massive, so massive in…

YouTube have nabbed one of the SoundCloud team for label relations

YouTube have announced Stephen Bryan as their new label relations head, taking him from his position at SoundCloud. Bryan will leave SoundCloud at the end of the month to take on a new role as…

Facebook pinch YouTube exec to “deepen relationship with music industry”

Tamara Hrivnak joins Facebook with the aim of repairing and strengthening Facebook’s rocky relationship with the music industry. Facebook have gained a new hire from Google Play and YouTube, Tamara Hrivnak joins the social media…

Famed music exec Lyor Cohen joins YouTube to strengthen artist relationships

Label giant and industry veteran Lyor Cohen has joined YouTube to improve artist relationships amidst tension between YouTube and the majority of the music industry. Cohen joins the Google-owned video hosting site as global head…