Music Business News: United States
Analysis News WMG’s net income stood at $193 million versus $124 million in the prior-year quarter News Robert Kyncl confirms WMG is exiting its owned and operated media businesses, including Uproxx and IMGN Analysis Dr Richard James Burgess MBE on why A2IM and its labels are supporting Universal's stance on the matter News Company's investors include Wonder Ventures, United Talent Agency, Amplify.LA, and former SoundCloud CEO Kerry Trainor’s Creator Partners Analysis UMG has been experimenting with HYBE and Weverse since back in 2020. What's it learned? News So So Def founder Jermaine Dupri will transition from CEO to Chairman of the company, retaining creative direction News News was announced by Interscope Geffen A&M Records (IGA) Chairman & CEO John Janick, to whom March reports Analysis Sync veteran Tom Stingemore on why his industry is operating inefficiently and needs to change