Analysis News UK record industry grew by over $100m last year – but is streaming starting to run out of steam? Another big gain for key market – but first signs of a slowdown are on the cards
News Sir Lucian Grainge: After Tencent deal ‘our strategic vision remains the same’ "This is an exciting development reflecting a strong validation of our business strategy, our incredible team and your excellent work."
News Official: Universal Music Group to sell 10% stake, worth over $3bn, to Tencent-led Consortium "Tencent and the Consortium members are excited to support UMG's growth through this investment."
News Concord COO Glen Barros exits company after 25 years, launches new venture Exceleration Music will buy Candid Records and launch in the new year
News Instrumental achieves second UK Christmas No.1 in a row, via artist services arm frtyfve LadBaby single beats the likes of Stormzy and Lewis Capaldi to the top spot
News Tencent-backed Gaana says its monthly user count has now surpassed 125m people Company is adding over 3m active users every month
News Tencent’s Universal bid needed rescuing – but may now claim 30% of music company Tencent's bid for 10-20% of Universal nearly fell through, but now it probably looks back on track
News Having turned over $27m in 2018, Epidemic Sound is roasted by songwriter group for buy-out deals Epidemic responds by suggesting traditional industry is bothered by its "disruptive" model
Analysis News How podcasts are damaging the potential growth of the recorded music business Music streaming services – particularly Spotify – are morphing into something else entirely
News Hipgnosis confirms Johnny McDaid, Jack Antonoff and other catalog acquisitions Shape Of You, Photograph and other Ed Sheeran hits join the Hipgnosis portfolio
Analysis News Who’s the biggest music publisher in the world? Sony's music publishing companies turned over more than a billion dollars in the first nine months of 2019
News Ed Howard and Briony Turner named Co-Presidents of Atlantic Records UK Well-regarded duo succeed Ben Cook, who left Atlantic in October
Interviews Brandon Creed: ‘Real artists are breaking very big, very fast… because there’s a thirst for superstars.’ Brandon Creed on modern management and building the careers of megastars like Bruno Mars and Lizzo
News Having spent $665m on songs, Hipgnosis now owns slices of Shape Of You and Uptown Funk Fund says that it now co-owns over 11,000 songs
Analysis News The major labels will generate over $14bn in 2019, as Warner bucks trend of streaming slowdown (just) Some very impressive news for Universal, Sony and Warner... and a warning sign?