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The music group’s revenue rose 9.6% year-over-year in constant currency, bringing in 2.93 billion euros. This came in above analysts’ estimates of 2.89 billion euros, according to Visible Alpha.
Universal Music Group strikes Meta deal to license Taylor Swift, more artists on WhatsApp By Ariel Zilber Published Aug. 12, 2024, 1:58 p.m. ET ...
Universal Music Group ended its licensing agreement with TikTok, which means many popular and emerging artists who use the social platform won't be able to post music there.
Universal Music Group said it failed to reach new licensing terms with TikTok -- and that as such, it will no longer license content to the app.
Universal Music Group (UMG) has plans to pull all of its artists’ songs from TikTok following a fumbled deal with the app regarding the use of artificial intelligence and compensation.
TikTok and Universal Music Group End Royalty Dispute With New Licensing Agreement: The new deal will look to provide "new promotional and engagement opportunities" for artists and "industry ...
Amid the rancor, music by Universal Music Group artists including Taylor Swift, Billie Eilish, Olivia Rodrigo and Ice Spice vanished from TikTok. Songs placed on existing videos were muted.
Universal Music Group, which is the record label for Drake and The Weeknd, pushed back on the use of its artists’ voices in the AI songs without their consent in violation of copyright laws.
TikTok got a lot quieter after Universal Music Group took its music off the app amid stalled negotiations on payment, AI, and safety. With UMG now calling TikTok’s position ‘woefully outdated ...
Universal Music Group has partnered with the Music Health Alliance to launch the Music Industry Mental Health Fund, which will provide mental health services to current and former music ...
Spotify and Universal Music Group announced a new multiyear deal on Sunday, establishing a direct license between the streamer and music label in the U.S. and several other countries.
(Reuters) - Universal Music Group (UMG), the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they ...
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