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...Universal, which controls a third of the world’s music, last month stopped licensing its music to TikTok after a year of tense negotiations....
...Some of the most influential independent record groups — Beggars Group, the company behind Vampire Weekend and Adele; Secretly, which houses acts including Phoebe Bridgers and Bon Iver; and Partisan Records...
...Music executives have expressed concern that fraud and clutter have proliferated on streaming services, taking royalty money away from record labels and artists....
...Google, Universal Music and Warner Music declined to comment....
...was founded in 2016 by Elliot Grainge, the son of Universal Music chief Lucian Grainge — Warner Music’s rival....
...Universal Music Group has ended its months-long boycott of TikTok, returning music from some of the world’s top artists to the billion-plus users on the Chinese-owned social media platform....
...Universal Music is the largest record company, controlling about a third of the world’s music....
...Bank of America has had a go at estimating how much The Tortured Poets Department, Swift’s latest album, is worth to Universal Music Group, her record label since 2018....
...Revenue from TikTok makes up just 1 per cent of Universal’s revenue, it added. Warner Music, the third-largest record company, last year announced it had struck a new deal with TikTok....
...Taylor Swift has reinstated her music on TikTok, putting her at odds with her own record label, Universal Music, which went to war with the social media group in February, muting her songs and the rest of...
...Swift’s 11th compilation record has smashed records since its release on Friday, selling 1.6mn US album-equivalent units in one day, according to data group Luminate, which previously operated as Nielsen...
...Bumpitrage efforts — where shorter-term activism can boost takeover offers — yielded positive results at deals for tobacco group Swedish Match and UK software group Aveva....
...Universal Music, the industry leader that is valued at more than $50bn on the stock market, is home to Rodrigo, who signed with Universal’s Interscope Records in 2020....
...Weiss left for rival Universal in 2011, and Stringer took over from Doug Morris as boss of the group in 2017....
...Pophouse’s chief executive Per Sundin was previously managing director of Universal Music Sweden and president of Universal Music Nordics from 2008 to 2019....
...This comes after Universal Music in October warned that it would be introducing a “cost savings program” in 2024....
...The strong showing for 1989 (Taylor’s Version) is a boost to Universal Music, the world’s largest record company, which distributes Swift’s work and takes a percentage of her sales....
...I’d play tabla with the beat and record it live on another cassette machine.” By 16, music was his only focus....
...The company is on the hunt for labels around the world to compete with industry giants including Universal Music Group and Sony, Hybe chief executive Jiwon Park told the Financial Times....
...Strong subscriber growth and an upbeat outlook for this year sent shares in Swedish music streaming group Spotify up 5 per cent on Tuesday....
...Her current record stands at $3.3mn, for “The Garden of Paracelsus” (1957), which sold in 2022....
...In early January, Lucian Grainge returned from the holidays and fired off his New Year’s memo to Universal Music Group’s staff....
...But music was his thing. In Manchester in 2000 he formed the band Simian and met Graham Massey of rave pioneers 808 State while drumming in a nightclub, eventually touring with the group....
...All Born Screaming is released on 26 April on Fiction/Universal...
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