Sony Music Entertainment and nine affiliated labels sued Udio on July 20, over 30k+ recordings the same court had refused to let the major add to its existing case against the company
BMG saw its revenue grow by 4.9% YoY to EUR €444 million (USD $518M) in the first half of 2026. On an organic basis – which strips out the impact of acquisitions, disposals, and currency effects – BMG‘s revenue was up 8.1% YoY in the period. That’s according to new interim figures from BMG and … Continued
The filing, reviewed by MBW, shows the company received GBP £1.079 billion from its US parent and sole shareholder, SMG-One LLC, during its first year.