Dickon Stainer, president and CEO of Global Classics & Jazz, has spoken to Music Week about the growing opportunities for classical and jazz.
The senior Universal Music Group executive ...
Universal Music Group has reported its financial results for the first quarter of 2023 (up to March 31).
Revenue for Q1 was €2.451 billion, an increase of 9.3% year-on-year (all ...
The threat posed by AI for music has been high on the industry agenda in recent months.
Following David Guetta’s (unreleased) Eminem-style AI track, which illustrated the power of ...
Universal Music Group’s board of directors has extended the contract of chairman and CEO Sir Lucian Grainge until May 1, 2028.
"UMG is the world’s most successful music company ...
The latest IFPI Global Music Report has come around again - and it’s positive news once more.
Despite an unflattering comparison with industry growth in 2021, which was skewed by ...
Michelle Teh has been appointed as senior vice president at UMG division Global Classics & Jazz (GCJ).
With over 20 years’ industry experience, Michelle Teh has worked closely with ...
Earlier this year in a wide-ranging interview with Music Week, Deezer CEO Jeronimo Folgueira called for new ideas for streaming - including how music creators are remunerated.
Now the ...
Universal Music Group has acquired British classical label Hyperion Records.
Founded in 1980, Hyperion Records will join UMG’s portfolio of classical labels, including Deutsche Grammophon and Decca Classics.
Universal Music Group has reported its financial results for the year ending December 31, 2022.
Total revenue increased 21.6% year-on-year (13.6% in constant currency) to €10.34 billion. The results were ...
Universal Music Group and Tidal have revealed plans to collaborate on a new model for streaming to benefit artists and fans.
The news follows UMG chairman & CEO Sir Lucian ...