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...BMG is the world’s fourth-largest music label — but lags far behind the top three “majors”, Universal, Sony and Warner. The company earned revenues of €905mn in 2023, up 4.5 per cent year on year....
...was founded in 2016 by Elliot Grainge, the son of Universal Music chief Lucian Grainge — Warner Music’s rival....
...Obermann, a former Warner Music executive who joined TikTok in 2019 to lead its negotiations with the big music labels, has been at the forefront of the talks....
...Robert Kyncl, chief executive of Warner Music, said at its last results that it had freed up more funds to invest in music and technology....
...Meanwhile, Warner is still digesting the acquisition of Warner Brothers from two years ago. This has disappointed on savings and profits. Warner’s shares are since down more than half....
...He says O Brother wasn’t the only catalyst for the roots music revival that has gone on to boost commercially successful acts such as Mumford & Sons, The Lumineers and Old Crow Medicine Show....
...“Every single label that only dealt in pop, rock and urban [music], they’re all diving into the [country] space,” said Cris Lacy, co-president of Warner Music’s Nashville division....
...On Tuesday, three titans — Disney, Warner Brothers Discovery and Fox — announced yet another streaming service. The trio will provide their live sports content via one streaming platform....
...Clip by Warner Brothers. Read a transcript of this episode on FT.com...
...An EV/sales multiple comparison paints the offer less generously, at about 1.4 times versus 4.5 times for UMG and 3.4 times for Warner Music....
...It seems the piano music of eastern Europe is at last getting the wider recognition it deserves....
...Warner Music, the third-largest record company, last year announced it had struck a new deal with TikTok....
...Like other traditional entertainment companies, Warner Bros has recently started licensing more of its shows to Netflix, including Band of Brothers and Sex and the City — a reversal of their previous strategy...
...Warner Music last March cut about 4 per cent of its staff, or 270 jobs, while publisher BMG laid off roughly 40 employees in October....
...“It’s not really a nepo-brother thing. He had nothing to do with me going to America [in 2006] — he was shocked. I got appointed by Bertelsmann....
...Rival Warner Music also later signed up to the Deezer model in France. Grainge’s 2024 memo suggests other platforms may soon follow what he has coined an “artist-centric” approach....
...The Chemical Brothers: For That Beautiful Feeling Mature rave music? Isn’t that a contradiction in terms, like Christian gangsta rap or extreme soft rock? Turns out no, it’s not....
...The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...The major record labels — Universal, Sony and Warner — earn money by taking a cut of revenue from streams and album sales from a stable of thousands of musicians....
...So we had this announcement this week that Disney, Warner Brothers and Fox is bundling together its sports streaming services for one new streaming platform. Marc FilippinoOK, so that’s interesting....
...A lot of action — yet lacking the crucial spark of originality. ★★☆☆☆ ‘Liam Gallagher John Squire’ is released by Warner Music...
...The high priests of dance music were putting on a show — and a knockout one at that....
...“Early electronic music was tape music.”...
...But there are other great music venues with good bars, including Bar Le Ritz PDB. A fantastic spot for tapas and music is La Sala Rossa, and I eat lots of the tasty free popcorn at Taverne du Pélican....
...Warner Music Group has brokered a new deal with TikTok to license its music to the social media platform after months of negotiation to receive better compensation for songs used on the viral video app....
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