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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....
...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....
...On behalf of 17 music publishers including Sony Music Group and Universal Music Publishing Group, the National Music Publishers’ Association filed a suit in the federal district court of Nashville alleging...
...Today, about 60 per cent of BMG’s revenues come from publishing existing music....
...Bertelsmann sold its old music publishing business to Universal Music in 2006 for €1.63bn and then started from scratch two years later under Masuch....
..., Can to Tangerine Dream — whose sound changed modern music....
...Last year, it emerged that Döpfner — who also sits on the boards of Netflix and Warner Music Group — urged Elon Musk to buy Twitter shortly before the Tesla chief’s bid for the social media company became...
...“We are truly gratified that David Bowie’s body of music will now be in the capable hands of Warner Chappell Music Publishing,” said Allen Grubman, the lawyer representing the David Bowie estate....
...“News Corp, Time Warner, Bertelsmann, Condé Nast . . . everyone is after us,” Smith told the Financial Times in 2012. The biggest old media conglomerates piled in....
...My father went on to work with EMI, Parlophone, BMG, Atlantic Records and Warner Chappell Music....
...Warner Music, the third-largest record company that is home to most of Young and Mitchell’s work, has opted to oblige the removal requests....
...But the CMA determined there was a sufficient number of other companies including Warner’s ADA and Universal Music Group’s Virgin providing similar services to provide healthy competition....
...Warner Music buys David Bowie songbook The $250m deal is the latest move in the frenzy to own music copyright that has attracted billions of dollars from investors....
...Public markets are full of other plays on the music sector, including publishing houses such as Universal and Warner Music and streaming service Spotify....
...per cent of the music publishing market was unlicensed with TikTok....
...Universal Music, the world’s largest record label and publishing company, floated last month with a market capitalisation of €45bn....
...The music industry has staged a dramatic comeback in the past five years since streaming services began funnelling billions of dollars to its biggest companies — Universal Music, Sony Music and Warner Music...
...In recent years Hipgnosis and other specialist funds had been paying three to four times the historic value for music publishing assets....
...well as shareholders in the other top musical publishing houses Sony Music and Warner Music....
...Geoff Taylor, head of the music trade body the BPI, which represents groups including Universal Music and Warner Music, has argued that the success of an industry contributing £1.5bn to the British economy...
...When smaller rival Warner Music went public last June at an almost $16bn valuation, it showed that public market investors had appetite for music labels....
...Additionally, our financial results are generally affected by the appeal of our recorded music and music publishing catalogues to consumers....
...In the age of streaming, analysis company Music Business Worldwide estimates the majors — Universal, Sony and Warner Music — are making $1m an hour through streaming services such as Spotify, which is driven...
...In the past few years, Universal Music, Warner Music, Sony Music and Atlantic Records have all signed Nigerian artists and pushed them to markets outside Africa....
...Volkswagen, which is also publishing its earnings this week, issued a warning to top managers in April to be braced for a bigger production hit in the second quarter than the first because of the global...
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