Warner Music Group has today (February 6) confirmed that it has acquired a controlling stake in Tempo Music Investments aka Tempo Music. Tempo’s previous owner, Providence Equity Partners, holds on to a minority stake in Tempo as part of the deal. MBW first told you about the Warner acquisition last month. The final deal is … Continued
It’s official: as MBW reported earlier, Spotify and Universal Music Group have inked a new multi-year licensing agreement. Both sides of the deal have now confirmed their fresh alliance. And, as MBW’s sources nodded to earlier… it includes a surprise direct licensing agreement between Universal Music Publishing Group (UMPG) and Spotify in the United States … Continued
Big news from the land of MBW’s well-connected industry sources: Universal Music Group and Spotify have inked a new licensing agreement. (This news has now been officially confirmed by both sides – read all about it here.) We’re told the multi-year deal arrives a year earlier than many expected UMG’s next deal with Spotify to … Continued
Universal Music Group (UMG) and Amazon Music have jointly announced a renewed worldwide licensing agreement today (December 23). According to a press release, the deal encompasses an “expanded global relationship that will enable further innovation, exclusive content with UMG artists, and advancement of artist-centric principles including increased fraud protection“. The PR claims that the deal … Continued