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 ...
Universal Music forms an oligopoly with Warner and Sony Music. The company's large artist roster boosts song features in movies, increasing licensing and royalty fees. The company leads in Spotify ...
After weeks of rumors, Universal Music Group has confirmed that it will be laying off an unspecified but significant number of employees in the coming weeks. The company’s recorded-music division is ...
The music giant, home to stars like Taylor Swift and Drake, had threatened to withdraw licenses for its tracks to the social media juggernaut if they failed to come to a new agreement. By Ben Sisario ...
Pop stars including Taylor Swift, Adele, Billie Eilish and Elton John will soon have their music played and shared across WhatsApp. Universal Music Group, the world’s largest multinational music group ...
Universal Music Group has experienced an 8.5% decline year-to-date and a nearly 20% drop from its May highs, reflecting industry shifts. Despite holding a 38% market share and a strong artist ...
Universal Music Group, home to stars including Taylor Swift, Billie Eilish and Drake, will move its primary stock exchange listing to the United States from the Netherlands following antisemitic ...
Universal Music Group and Spotify join forces to seal a massive deal that could forever change the music business. Many people can’t go a day without listening to music. Imagine being unable to listen ...
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