Universal Music Group revenue up 4.9% in Q3

Universal Music Group has released its financial results up to the third quarter of 2024 (the period to September 30). For Q3, UMG reported revenue of €2.87 billion, a year-on-year increase of 4.9% in constant currency (all figures will be constant currency), with growth in all segments. Excluding a prior-year ...

CD Baby promotes Nicholas Salomone to SVP of business development & revenue

Sony Music Middle East acquires catalogue of 'father of Mediterranean music' Amr Diab

Independent label Nice Swan launches electronic imprint

Virgin Music Group acquires Outdustry

Glassnote partners with AI-powered tech platform Hook

Glassnote Records has revealed details of a new partnership with AI music technology platform Hook. The deal will see tracks by the label’s acts Tors, Bby, ...

Sophia Hong appointed as Warner Chappell Music Korea's MD

Warner Chappell Music Korea has appointed Sophia Hong as managing director. In this role, Hong will be based in Seoul, reporting to president of Warner Chappell Music APAC ...

Got Your Back makes key appointments in marketing and TV/podcast promotions

Got Your Back has made key appointments to its growing team covering music services. The company established by former Parlophone promotions boss Dave Rajan offers bespoke and full ...

MUSIC WEEK NEWS

Independent Nordic label Get FAT launches strategic partnership with Believe

Official Charts Company agrees strategic partnership with leading jukebox company NSM Music

UMG reveals latest AI music partnership with Klay Vision

BMG senior execs on Kylie Minogue's No.1 run and creative hot streak as Tension II hits the summit

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