#Warner Music Group


Universal Music CEO Lucian Grainge Earned Almost $60M Last Year

As Universal Music Group prepares to go public on Tuesday, details about its top executives' compensation have gone public, too. Last year, UMG led all labels in U.S. market share, marking its 21st year in a row at the top, according to MRC Data. The company held a 38.5% market share in the U.S. -- up 40 basis points from 2019’s 38.1%. Recording acts on UMG's labels topped the Billboard 200 for 36 weeks in the year, among them Taylor Swift, Lil Baby, The Weeknd and Post Malone. Globally, UMG brought in $8.7 billion in revenue -- up 3.8% from the year prior.
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Wolverhampton Wanderers launch record label

Wolverhampton Wanderers have announced plans to launch their own record label. The team partnered with Alternative Distribution Alliance, a division of Warner Music Group, to launch a label initially focused on artists from the Midlands. Wolves Records hopes to eventually expand into the international market and is currently taking submissions...
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Let’s Break Down the Mind-Blowing Money in Universal Music’s IPO

This is, by some distance, the music business story of the year. Tomorrow morning (September 21) in Europe, as New Yorkers are sleeping and Los Angelenos are drifting off, 60 percent of the world’s biggest music company will hit the stock market. That’s the slice of Universal Music Group (UMG) that will float on the Amsterdam Euronext, as the music major’s current parent company, Paris-based Vivendi, relinquishes it to its own shareholders. (An additional 20 percent of UMG is privately owned by a consortium headed up by China’s Tencent; another 10 percent is owned by investment firm Pershing Square Holdings and...

Twitch nears deal with US publishers, but that won’t solve all its music problems

Twitch is near to signing a music licensing deal with the National Music Publishers’ Association (NMPA) according to reports. The Amazon-owned platform is already licensed with BMI, ASCAP and SESAC for “live live” music performances. But playing recorded music on Twitch – as many gamers, live DJ’s and other Twitch creators do – was not, according to Universal Music Group, Sony Music Entertainment, Warner Music Group, and most other music publishers and record l.

Cam’ron And Meek Mill Join The Chorus Of Artists Accusing Consultant Karen Civil Of Dishonest Dealings

Over the weekend, Boston rapper Joyner Lucas accused music industry consultant Karen Civil of stealing $60,000 from him after accepting payment for her services and going on vacation instead. After the initial accusation, a Clubhouse chat with Civil and other industry insiders went disastrously for the self-proclaimed media marketing mogul when her defenses seemed to corroborate some of the accusations against her.

Drake’s ‘Certified Lover Boy’ Spends A Second Consecutive Week Atop The ‘Billboard’ Albums Chart

In unsurprising fashion, Drake’s Certified Lover Boy posted a huge debut last week. After delays that stretched out over eight months, the rapper released the album, which came with a stacked lineup of features: Jay-Z, Travis Scott, Future, Young Thug, Kid Cudi, Rick Ross, Lil Wayne, 21 Savage, Ty Dolla Sign, and more all appeared on the project. It wound up giving Drake his tenth No. 1 album on the Billboard 200, making him one of only eight artists to do so. Now, for its second week on the chart, Certified Lover Boy maintains its position at the top.

Warner Music Group Reaches New Catalogue Deal With David Bowie’s Estate

According to NME, Warner Music Group has agreed to a new catalogue deal with the estate of David Bowie that will see the company overseeing his albums. Previously, the group only held worldwide rights to David Bowie’s music that was released between 1968 and 1999 after they acquired the Parlophone Label Group in 2013. The new licensing deal ensures that Warner Music now owns the rights to all of his albums, including the full catalogue of Bowie’s music from 2000 to 2016, which was the year of his death.

Doja Cat Plans To Be ‘More Careful’ With Selecting Artists She Works With In The Future

Doja Cat is almost three months removed from the release of her third album, Planet Her. The project captured features from Young Thug, Ariana Grande, The Weeknd, JID, and SZA as well as Gunna and Eve who appeared on the project’s deluxe reissue. Many of these guests on the album helped provide memorable moments for Planet Her, but according to Doja Cat, she plans to be a bit more careful in selecting the artists she works with in the future.

Lil Nas X’s Baby Registry Raised Tens Of Thousands Of Dollars For Various Charities

Lil Nas X released his debut Montero on Friday and since then, fans have been enjoying its fifteen tracks with features from Jack Harlow, Megan Thee Stallion, Doja Cat, Miley Cyrus, and Elton John. In addition to giving fans a collection of new music to enjoy, the singer also used the spotlight moment to give back to the community.