Analysis News UMG asks court to dismiss Drake’s ‘Not Like Us’ lawsuit: ‘He has sued his own record label in a misguided attempt to salve his wounds.’ Company tells court that rapper's "claims against UMG are no more than Drake’s attempt to save face for his unsuccessful rap battle with Lamar."
News Brad Banducci named CEO of ticketing firm TEG, as Geoff Jones becomes Chairman TEG is one of Asia Pacific’s largest live entertainment and ticketing companies
News After raising $3.2m, music production and fan engagement platform AMPOLLO unveils advisory board Platform claims to provide 'a unique range of user-friendly tools and engagement opportunities to creators working in music.'
News Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report) 'We believe UMG is one of the best businesses we have ever owned,' said Ackman on X today
Analysis News Believe generated over $1bn in 2024, as company’s annual revenues grow 11.5% YoY Paris-headquartered music company has published its financial results for FY 2024
News Bria raises $40m to expand patented attribution engine to AI-generated music content Latest round brings company's total capital raised to $65 million
Analysis News Universal spent $1bn+ on investments in 2024… and 5 other things we learned on UMG’s latest earnings call What UMG's leadership team said on the company's FY 2024 call...
News Concord to acquire Stem in $50m+ deal, say MBW sources We also hear that Raine Group is in the middle of it.
News Billy Steinberg and son Ezra Steinberg sign global publishing deals with Sony Music Publishing Their works will be housed under newly formed company, Steinberg Music
News Megadeth founder Dave Mustaine’s Tradecraft label strikes deal with Frontiers Label Group for new album Megadeth have sold over 50 million albums worldwide
News Patrick Moxey’s publishing company files amended copyright complaint against Sony Music Original lawsuit was filed in New York in November on behalf of Ultra International Music Publishing LLC (UIMP) and Ultra Music Publishing Europe AG
Interviews Lyor Cohen talks music videos, AI, and YouTube hitting 125m paid subcribers YouTube's 'twin engines' of subscriptions and advertising appear to be firing on all cylinders.
News Bad Bunny label Rimas Entertainment acquires ‘significant’ stake in Dale Play Records Deal establishes a partnership between Rimas Entertainment, Dale Play Records, and Sony Music Entertainment
News Reservoir and PopArabia acquire catalog of Egyptian superstar Omar Kamal Deal includes both publishing and master rights to his catalog
News ex-Guggenheim exec’s Aquarian Holdings backs new $250m music rights JV with Raven Capital The fund is a joint venture between Raven Capital Management and Aquarian Holdings