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Universal Music Group NV
(OP:
UMGNF
)
23.95
+0.05 (+0.19%)
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Updated: 3:40 PM EST, Nov 25, 2024
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Streaming, Vinyl Propel Music Copyright Value To $45.5 Billion
Today 15:56 EST
Global music copyright hit $45.5B in 2023, driven by streaming and vinyl. Explore how UMG, Sony, and Spotify shape the thriving industry.
Via
Benzinga
Taylor Swift Teams Up With Target For Exclusive Black Friday Merch: Will Swifties Boost Q4 Sales, Prove Donald Trump Wrong?
October 15, 2024
Taylor Swift is releasing two new products exclusively in Target stores. Could this provide an extra holiday boost to the retailer?
Via
Benzinga
Topics
Government
Exposures
Political
Rihanna’s “Goodnight Gotham” Acquisition by Music Licensing, Inc. (OTC: SONG) Unlocks Significant Royalty Opportunities Across Global Platforms
October 14, 2024
From
Music Licensing, Inc.
Via
GlobeNewswire
Kendrick Lamar To Perform Super Bowl LIX Halftime: Could Apple, Fox And Universal Music Get A Boost?
September 09, 2024
Apple, Fox and Universal Music could be winners from Kendrick Lamar performing at Super Bowl LIX.
Via
Benzinga
Global Music Industry Surges: IFPI Reports $28.6 Billion In 2023 Revenue
August 29, 2024
Global music revenues surged 10.2% in 2023, reaching $28.6 billion, according to a report. However, the industry faces challenges.
Via
Benzinga
Taylor Swift's 'The Tortured Poets Department' Sees 600% Sales Jump Months After Release
August 19, 2024
Taylor Swift's The Tortured Poets Department sees a 600% sales increase, reclaiming the No. 1 spot on Billboard's Top Album Sales chart.
Via
Benzinga
Big 3 Music Giant Warner: Streaming Boom Sends Shares Higher
August 08, 2024
Warner Music Group's shares rose 2-3% on the day of its earnings release. The company's streaming revenue growth compared favorably to Universal Music Group.
Via
MarketBeat
Music ETF (MUSQ) Hits The Right Note With Compelling Content Mix
August 07, 2024
Via
Benzinga
Topics
ETFs
Bill Ackman's Pershing Square Sinks 4.7% In July, Dashing 2024 Gains
August 03, 2024
Bill Ackman's Pershing Square lost 4.7% in July, erasing most 2024 gains, amid weak demand forcing the withdrawal of its IPO.
Via
Benzinga
Universal Music Group Shares Plunge After Disappointing Q2 Results
July 26, 2024
Universal Music Group shares drop 23% as streaming revenue declines. Discover how the music giant plans to navigate the market.
Via
Benzinga
Eminem Dethrones Taylor Swift With New Album 'The Death Of Slim Shady'
July 22, 2024
Eminem's 'The Death of Slim Shady' ends Taylor Swift's 12-week reign on US album charts, marking a major shift in the music industry.
Via
Benzinga
Taylor Swift And TikTok Rock Out With New Interactive Fan Experience
June 20, 2024
Dive into Taylor Swift's interactive TikTok experience celebrating The Eras Tour! Explore themed playlists, challenges, and artwork.
Via
Benzinga
'Is This Just Fantasy?' Sony Buys Queen Music Catalog For Over $1 Billion
June 20, 2024
Sony Music to acquire Queen's catalog for £1 billion ($1.27 billion), including recording rights and royalties.
Via
Benzinga
Don't Train AI On Our Content And Artists, Sony Warns AI Companies
May 16, 2024
Sony Music Group, one of the world's largest record labels, has issued a stark warning to AI companies and music streaming services. Sony prohibits any text or data mining, web scraping, or similar...
Via
Benzinga
Topics
Artificial Intelligence
Intellectual Property
Exposures
Artificial Intelligence
Intellectual Property
TikTok And Universal Music Group Forge Licensing Partnership
May 02, 2024
Universal Music Group and TikTok Forge Multi-Dimensional Licensing Agreement: Universal artists and songwriters set to thrive as their music returns to TikTok's global platform, marking a new era of...
Via
Benzinga
Karol G, Peso Pluma Propel US Latin Music Revenue To New Heights, Reaches $1.4B
April 23, 2024
Dive into the $1.4 billion US Latin music market surge. Discover how stars like Karol G and Peso Pluma are leading the charge.
Via
Benzinga
Taylor Swift's 'The Tortured Poets Department' Hits 1.6M US Sales, Sets Spotify On Fire With Over 300M Streams
April 22, 2024
Taylor Swift's 'The Tortured Poets Department' redefines success, selling 1.6M units and garnering 300M+ Spotify streams in a day.
Via
Benzinga
Taylor Swift Teams Up With TikTok For 'The Tortured Poets Department': Exclusive Features
April 19, 2024
Explore Taylor Swift's TikTok collaboration for "The Tortured Poets Department" album and her record-breaking Spotify pre-saves post-dispute.
Via
Benzinga
Sony Music CEO Warns Of Potential TikTok Exodus: 'We Should Share In Those Profits'
April 02, 2024
"The best music will be the most original use of AI. It won't be a fake Drake singing a Nirvana song," Sony Music CEO Rob Stringer says.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Why Spotify Technology Shares Are Gaining Today
March 28, 2024
Encouraging app download and search query trends suggest Spotify is on track to meet MAU and Premium Subscriber targets, with potential for mid- to high-teens growth and improved margins, despite...
Via
Benzinga
TikTok's Licensing Predicament: Expiring Music Publishers Deal Amplifies Universal Music Group Dispute
March 07, 2024
TikTok is facing mounting pressure as it removes recordings co-written by Universal Music Group NV (OTC: UMGNF) songwriters and approaches the end of its licensing deal with the National Music...
Via
Benzinga
Universal Music Group Announces Major Layoffs Amid $271M Strategic Overhaul
March 01, 2024
Universal Music Group NV (OTC: UMGNF) announced a "strategic organizational redesign" during its fourth-quarter earnings call, aiming for "efficiencies in targeted cost areas while strengthening...
Via
Benzinga
Topics
Earnings
Workforce
Exposures
Financial
Layoff
Universal Music Vs. TikTok: Harry Styles, Coldplay Pulled From Social Media Platform As Battle Over Music Rights Intensifies
February 28, 2024
Universal Music Group NV (OTC: UMGNF), the world's largest music company, is intensifying its dispute with TikTok, the popular short-form video pl
Via
Benzinga
Spotify Sees Silver Lining In EU Competition Law, Anticipates Rise Of 'Superfan Clubs'
January 25, 2024
Spotify Technology SA (NYSE: SPOT) anticipates positive changes with the European Union's Digital Markets Act (DMA), set to roll out on March 7
Via
Benzinga
Spotify Rival Tencent Music Strikes Chord With Universal Music In Renewed Pact
January 03, 2024
Tencent Music Entertainment Group (NYSE: TME), an online music and audio entertainment platform in China, renewed a multi-year strategic licensing deal with Universal Music Group (OTC: UMGNF).
Via
Benzinga
Nicki Minaj, Roblox Join Forces For 'Pink Friday 2,' Dominating Apple Music Charts As Roblox Shares Surge
December 08, 2023
Nicki Minaj is set to launch her highly anticipated album, "Pink Friday 2," on Dec.
Via
Benzinga
Sony, Universal, Warner Unite For Climate Action In Music Industry Ahead Of UN Conference
November 30, 2023
Sony Group Corp.'s (NYSE: SONY) Sony Music, Universal Music Group NV (OTC: UMGNF), and Warner Music Group Corp. (NASDAQ: WMG) have
Via
Benzinga
Taylor Swift Dominates 2023, Named Spotify's Top Artist With 26.1 Billion Streams: A Look At The Year's Top Artists And Music Trends
November 30, 2023
A look at the top artists, songs and albums from Spotify's 2023 annual list. Taylor Swift adds to her collection of wins on the year.
Via
Benzinga
Dua Lipa Takes Ownership Of Her Publishing Rights After TaP Music Exit
November 03, 2023
Dua Lipa, the English-Albanian singer, songwriter and actress, bought back her publishing rights from TaP Music Publishing, her former management company, over a year after she left the firm.
Via
Benzinga
Universal Music Sues AI Startup Anthropic Over Copyright Infringement
October 19, 2023
Universal Music Group NV (OTC: UMGNF), along with Concord and ABKCO have initiated a copyright infringement lawsuit against Anthropic,
Via
Benzinga
Topics
Artificial Intelligence
Lawsuit
Exposures
Artificial Intelligence
Financial
Legal
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