News Jody Gerson-led Universal Music Publishing Group is now officially a billion-dollar business UMPG saw annual revenues rise 14.5% at constant currency in 2018, hitting €941m
News Beatport & DJcity team up on joint venture music service Beatsource Beatsource will provide a catalog of curated music for open format DJs
News Universal Music Group posts record $7.1bn in 2018 revenues, with a $1bn EBITA Universal's recorded music division turned over €4.828bn ($5.73bn) last year, up 10% at constant currency
News Decca Publishing signs composer and musician Clint Mansell Mansell has scored films such as Moon, Requiem For A Dream and Black Swan
News Symphonic Distribution launches sync licensing arm, Bodega Sync Bodega will act as a standalone sync licensing agency
News Downtown bolsters global finance team with new hires and promotions Dan Bettes has been promoted to Vice President, Finance
News Hi-Res music streaming service Qobuz launches in the US Qobuz currently has over 100,000 active customers
News Final Article 13 text agreed as European Copyright Directive talks conclude The text was finalised this evening (February 13)
News Concord Music Publishing signs Mike Ness of Social Distortion The deal covers all Social Distortion releases as well as his solo work
News Ashley Winton named Senior Vice President of Creative Services for Warner/Chappell Music Winton most recently served as Vice President of Music for National Geographic Partners
News Laurel Kittleson joins Curb Records as Vice President of Artist Development & A&R Kittleson was previously A&R Director at Big Machine Label Group
News ie:music hires Leander Gloversmith, signs pop-punk stars Neck Deep Based in London, Gloversmith will also operate from ie:music’s LA HQ
News BMG inks global deal with new frontline label Trojan Jamaica BMG has licensed the name for use from its famed Trojan Records label for the new venture
News Live Nation buys event marketing company Neste The acquisition will see the formation of Neste Live!
News 4th Floor Creative Group President Cassandra Gracey to speak at The Great Escape 2019 Gracey is among the first 40 speakers announced for the UK conference
News Universal fully acquires Ingrooves Music Group UMG will gain sole control of the firm's approximate 2% market share in the United States
News Michael Lynton expected to join Warner Music Group’s Board of Directors as Chairman Ex-Sony Entertainment executive invited into Warner by Len Blavatnik for non-Exec role
News TIDAL lets users mute artists and tracks Tracks and artists can be blocked from appearing in My Mix and Artist and Track Radio playlists