The head of Pershing Square Capital, which owns 10% of UMG’s stock, said moving UMG to the U.S. after attacks on Israelis overnight in Amsterdam makes “good business” sense.
As part of restructure, UMG is breaking out the Latin artist services agency as a standalone global division, managed independently from local labels.
The world’s largest music company launched a “Streaming 2.0” strategy and is talking to Spotify about its premium subscription offering.
The world’s largest music company launched a “Streaming 2.0” strategy and is talking to Spotify about its premium subscription offering.
The world’s largest music company launched a “Streaming 2.0” strategy and is talking to Spotify about its premium subscription offering.
The duo, with Beard on the West Coast and Wolter on the East Coast, report in to label president and chief creative officer Wendy Goldstein.
The formation of Island EMI Label Group and Polydor Label Group follows a similar reorganization of operations in the U.S.
The new deal will allow Universal signees to develop unique, custom voice models for their personal use in the recording studio.
Also this week: DiMA doubles down on its svp of government affairs, APM Music elevates a sync licensing veteran and Reed Smith adds counsel.
Investors also voted to approve the reelection of Bill Ackman, Cyrille Bollore and others as non-executive directors at the company’s annual meeting.
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