Business

UMG signs licensing deal with music service Mdundo for key
UMG signs licensing deal with music service Mdundo for key...

The new licensing deal will further increase Universal Music Africa’s (UMA’s) reach within the African market.

July 08, 2022

Amazon encourages independent music artists with the launch of Alexa
Amazon encourages independent music artists with the launch of Alexa...

Amazon today announced the launch of Alexa Originals, an exclusive  selection of fresh songs by four independent artists from India.

July 08, 2022


When will Tiktok start paying the Music Industry ‘Properly’?-MBW
When will Tiktok start paying the Music Industry ‘Properly’?-MBW

With TikTok’s revenues expected to triple to $12 billion in 2022, concerns are growing amongst music companies that TikTok could....

July 07, 2022

Music Streamer Deezer Suffers Stock Plunge Upon Exchange Debut
Music Streamer Deezer Suffers Stock Plunge Upon Exchange Debut

The service, which is a rival to Apple Music and Spotify, opened at 8.50 Euros before dropping almost 35% to....

July 06, 2022

Tencent Music Entertainment Group has received a consensus recommendation of
Tencent Music Entertainment Group has received a consensus recommendation of...

Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two....

July 05, 2022


Rehegoo Music Group has partnered with B2B music to launch
Rehegoo Music Group has partnered with B2B music to launch...

Rehegoo’s new streaming service is called Music for Spaces and is designed for businesses that play music in their physical....

July 05, 2022

Warner Music Group Corp. (NASDAQ:WMG) Short Interest Down in June
Warner Music Group Corp. (NASDAQ:WMG) Short Interest Down in June

As of June 15th, there was short interest totalling 3,480,000 shares, a decline of 16.3% from the May 31st total....

July 05, 2022

Spotify appeal fails to stop composers getting improved 15.1% streaming
Spotify appeal fails to stop composers getting improved 15.1% streaming...

Beyond the headline rate rise, however, there is some mixed news for songwriters.

July 04, 2022

Spotify launches ‘RADAR Podcasters’ programme for emerging podcasters in India
Spotify launches ‘RADAR Podcasters’ programme for emerging podcasters in India

Spotify also announced the initial slate of podcasters that will be spotlighted with the RADAR programme.

July 01, 2022


Sony Music Group has announced Music-Scholarship Program 2022-23
Sony Music Group has announced Music-Scholarship Program 2022-23

According to the announcement, the company's goal is to help lessen the financial burden for up to 50 students from....

June 30, 2022

Marketing music NFTs: ‘Really think about the fans first’
Marketing music NFTs: ‘Really think about the fans first’

It takes very significant planning and a lot of buy-in from the artist. You can’t just expect to drop an....

June 29, 2022

Background Music Market Opportunities to Grow at a CAGR Of
Background Music Market Opportunities to Grow at a CAGR Of...

The worldwide background music market is experiencing phenomenal expansion.

June 29, 2022

UMusic Media network launched to ‘Connect Brands and Partners’ -MBW
UMusic Media network launched to ‘Connect Brands and Partners’ -MBW

The platform will allow brand partners to exclusively access premium content, as well as UMG’s data and insights.

June 28, 2022


Fincare Small Finance Bank ups its brand quotient, adds a
Fincare Small Finance Bank ups its brand quotient, adds a...

The signature tune is a part of the integrated, national brand campaign

June 27, 2022

Apple has raised prices for the Apple Music student plan
Apple has raised prices for the Apple Music student plan...

In the United Kingdom, the price has gone up from 4.99 euros to 5.99 euros per month.

June 27, 2022