CATEGORY: MAJOR LABELS

Universal Music Is Raking In $18 Million A Day

The music industry is generally regarded to be in much better shape than it was even a year ago, and Universal Music showing further...



Liquid State: Sony Launches New EDM Label In China

As Western cultural influences gradually percolate into China, Sony has made the move to launch a new EDM label in partnership with Tencent Music...


Streaming Grew Profits For Warner Music Group In 2017

Warner Music Group Corp. today announced its fourth-quarter, reporting growth in revenue, as well as, a net loss. “We’ve now had five consecutive years...


Spotify’s ‘Today’s Top Hits" Has 12.3M Followers: Chartmetric Dives Into The Stats The Drive It

After well over a year of tracking the data coming out of Spotify's 'Today's Top Hits', Chartmetric has some revealing numbers concerning this incredibly...


Warner Music Group Reports Solid Growth, But Losses Rise From $3M to $38M In Q4

Warner Music Group reported solid growth across multiple metrics in the fourth fiscal quarter ending September 30, 2017. But net losses for the quarter...


Spotify, Tencent And The Laws Of Unintended Consequences [Mark Mulligan]

Spotify is reportedly in talks with the the music arm of Chinese net giant Tencent to swap 10% stakes in each other’s businesses ahead...


Spotify, China’s Tencent In Stake Swap Talks That Could Mean Lower Payments To Labels, Artists

Spotify is in talks with the the music arm of Chinese internet giant Tencent Holdings to swap 10% stakes in each other’s businesses ahead...


Russell Simmons Steps Down After Multiple Sexual Misconduct Allegations

[UPDATED] Hip-hop entrepreneur Russell Simmons on Thursday announced that he was stepping down from the companies he founded after another woman leveled a sexual...


Taylor Swift’s New Album "Reputation" Is Now Streaming On Spotify, Apple Music, Amazon, More

Taylor Swift's "Reputation" is now streaming on Spotify, Apple Music and other streaming music services. Three weeks after its release, fans in Australia and...


Indie Record Store Black Friday Sales Up 13.8%, reports CIMS

Black Friday sales reports from the Coalition Of Independent Music Stores are in and they were universally positive, according to Michael Bunnell, CIMS Executive...