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…

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…

Master Quality audio format MQA hires WMG veteran as CEO

Mike Jbara, a veteran at Warner Music Group, has joined MQA to lead the new master quality audio format in it’s next stage. Mike Jbara will be taking the role of Chief Executive Officer at…

Warner Music partner with Vadio music video platform

Following rumours that Warner Music are closing a deal with Vevo they’ve agreed a partnership with another music video service – Vadio. Vadio announced on Wednesday that they’ve signed a content agreement with Warner Music…

Universal Music Make Almost $4m Daily From Music Streaming

Just over a week since Warner Music revealed music streaming had become their primary source of revenue another major label, Universal Music, has revealed they make a massive $3.9 million every day from streaming. Universal Music…

Facebook and Warner Music Partner To Soundtrack Your Photos and Videos

Facebook are making a landmark deal with major label Warner Music Group (WMG) to license tracks for use on Facebook with slideshows. When licensed any of the 1.59 billion Facebook users will be able to add…

Warner Music First Major To Sign Deal With MQA (Master Quality Audio)

Warner Music Group are the first major label to sign a deal with MQA to “significantly increase music fans’ access to hi-resolution music globally”. Master quality audio isn’t new in itself but hi-res audio files…

Warner Music First Ever Major Label With Streaming As Primary Revenue Source

In case you weren’t convinced how giant the role music streaming plays in the music industry today, major label Warner Music Group claim they’re now the first of the majors to earn the majority of…