Universal Music Group has reported a 12.4% increase in streaming revenues during the first half of 2020.
Parent company Vivendi also reiterated its plan for a UMG IPO by 2023 ...
Tencent Music Entertainment (TME) Group has announced a strategic partnership with leading Japanese animated movie studio and distribution company CoMix Wave Films Inc (CWF).
Under the new partnership, the original soundtracks ...
‘Follow the money’ is always good advice for any music business journalist. But, these days, it’s also increasingly challenging.
Warner Music Group’s successful IPO last week showed that not even ...
Tencent Holdings is reportedly in talks to invest $200 million (£161.2m) in Warner Music Group.
The Wall Street Journal stated that the Chinese tech giant was set to secure ...
Tencent Music Entertainment (TME) unveiled rising revenues and paying user numbers in its Q1 figures, although Covid-19 had an impact on the company’s social entertainment services business.
In figures released ...
If the old stockmarket adage that ‘good investing is boring’ is true, there are some reassuring signs for public music companies right now.
Because, while the stockmarket crash for various ...
Despite the Covid-19 epidemic, big deals are still going ahead as planned.
Vivendi has completed the sale of 10% of the share capital of Universal Music Group to a Tencent-led ...
Apparently, the biggest industry grumble ahead of this year’s BRITs concerns the lack of room for tables on the revamped O2 Arena floor, after the ceremony revamp took up more ...
Universal Music Group’s revenues in 2019 were up 14% year-on-year at constant currency to €7.159 billion (£5.95bn). The increase was 18.9% on an actual basis.
Recorded music revenues grew ...
Warner Music Group has caught the music industry by surprise with plans for an IPO.
WMG has filed documents with the US Securities and Exchange Commission for a public offering ...