… music business. “Some of the biggest artists in the world licensed to its platform so that its users can stitch snippets of songs into their dance …
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The Universal Music-TikTok Battle Hurts Artists Most of All – Variety
“Now this company can retroactively take all my songs down because they’re in a proxy battle with TikTok?,” he said. “And not only that, they’ve taken …
Layoffs Are Underway at Universal Music Group – Billboard
Staff members from Republic, Interscope, Capitol, Island and Def Jam were among those laid off. Related. job market. With More Layoffs Looming, …
Universal Music impasse with TikTok leads to ‘murder on the dance floor’ – Financial Times
Ole Obermann, TikTok’s music head, Zhen Cao, the music lead at parent company ByteDance, and even TikTok chief executive Shou Zi Chew have been in …
Universal Music Group generated over $1 billion per month on average in 2023
The headline figure from the world’s largest music rights company’s results: UMG generated revenues of EUR €11.108 billion during the year across …
Universal Music CEO doubles down on standoff with TikTok – Fast Company
UMG, which represents Taylor Swift, Lady Gaga, and many other musicians, reported a 7.4% jump in revenue—and said it was focusing on YouTube, …
Universal Music Group Nashville Launches TV/Film Production Company – Variety
Universal Music Group Nashville announces Sing Me Back Home Productions, a new arm of the Nashville-based entertainment company focused on …
TikTok begins removing Universal Music Publishing content after deal stalemate – CNA
The company is likely to remove all the UMPG content before the end of February considering the legality of the matter, a person familiar with the …
Super Bowl Advertisers Squeak Under the Wire of Universal Music’s TikTok Blackout – WSJ
The world’s largest music company pulled songs from the social-media platform after failing to reach a licensing pact. Continue To Article. Music …
Why indie record labels are backing Universal Music Group’s action on TikTok.
Yet, this investment by the music industry has not been rewarded with equitable financial returns. In an industry that systemically underpays artists …
After Universal pulls out of TikTok, more US publishers could follow suit · News RA
… music. If Sony Music and Warner Chappell follow suit, that means many chart-topping electronic music hits won’t be available on the social channel.
TikTok’s Removing Music in Battle With UMG. Can It Make Photos Work? – Business Insider
After Universal Music Group pulled music from TikTok, and will likely remove more, the app seems to be emphasizing photo slideshows instead.