Superstar India-based rapper Badshah has launched a new label called Pentertainment 0075. The label will be supported by Badshah’s long-standing…
Tag: Universal
5 key arguments from Universal Music Group’s attempt to dismiss Drake’s defamation lawsuit
As reported earlier today (March 17), Universal Music Group (UMG) has filed a motion to dismiss Drake’s defamation lawsuit over…
Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in Universal Music Group (report)
Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal…
Universal spent $1bn+ on investments in 2024 and 5 other things we learned on UMG’s latest earnings call
Universal Music Group published its Q4 and FY 2024 results on Thursday (March 6), posting overall revenues in FY 2024 (across…
Manning Doherty to exit board of Universal Music Group
Universal Music Group announced Monday (March 10) that non-executive director Manning Doherty will step down from the company’s board, effective…
Universal acquires Netherlands-based indie music company 8Ball
Universal Music Group (UMG) appears to have acquired an independent music company in the Netherlands, called 8Ball Music. Launched in…
Universal Music Group’s recorded music subscription streaming revenues topped $5bn in 2024, up 9.1% YoY
Universal Music Group‘s latest FY results are out. Within UMG’s financial figures for the 2024 fiscal/calendar year lies this pearl:…
Adam Holt to retire as MD of Universal Music New Zealand; Myra Hemara and Matt Kidd promoted to Co-MDs
Universal Music New Zealand is undergoing a leadership transition as Managing Director and Chairman Adam Holt prepares to retire after…
Universal Music adopts ISNI system, assigning ID numbers to songwriters and artists
Universal Music Group (UMG) has officially adopted the International Standard Name Identifier (ISNI) system as a means to improve identification…
Universal Music Group’s REPUBLIC Collective makes key exec promotions and hires across various departments
Universal Music Group‘s REPUBLIC Collective has announced a new round of executive promotions and hires across various departments. The REPUBLIC…