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Meet the new boss… same as the old boss? As the industry prepares for the AI takeover, insiders question who’s next in line ...
The talks with AI startups concern how the labels—and their artists—would get paid for music’s use in generative AI models.
The details of a new Bloomberg report into major labels trying to reach an agreement with controversial AI companies has ...
Key Takeaways Warner Music Group, Universal Music Group, and Sony Music Group are reportedly in talks with artificial ...
Sony Music, Warner Music, and Universal Music Group reportedly have begun talks with AI startups that allow users to compose ...
Universal Music Group’s stock plunged 24% on Thursday, erasing more than $16 billion in market value after it revealed its revenue growth from subscription and streaming services fell below ...
Drake has filed a defamation and harassment lawsuit against Universal Music Group, alleging that the mega media corporation improperly promoted his rival Kendrick Lamar’s diss track to damage ...
Universal Music Group's Q4 earnings surpassed expectations, but growth remains below company's targets, with volatile profitability. The gap between UMG and Spotify's growth narrowed in Q4 ...
Major music companies are in talks to license their work to artificial intelligence startups Udio and Suno, deals that would ...
Drake is slamming his own music distributor, Universal Music Group, over his springtime beef with rap rival Kendrick Lamar. The Canadian rapper filed a federal lawsuit in the Southern District of ...
In the lawsuit, filed in New York federal court Wednesday and obtained by USA TODAY, Drake's legal team claimed that despite a decade-long relationship, Universal Music Group "intentionally sought ...
Universal Music Group and Facebook parent company Meta Platforms Inc. signed an expanded, global multiyear agreement today that’s intended to bring more opportunities for monetization to UMG ...
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