Universal Music Group
Bill Ackman Pushing Universal Music Group to Move Listing From Europe to U.S.
A UMG spokesperson said that he "does not have any right to require UMG to become a U.S. domiciled company or delist from Euronext Amsterdam," but that it "will endeavor in good faith to comply with its contractual obligations."
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Universal Music Strikes Strategic Deal With “Ethical AI Music Company” Klay Vision
The music major is focused on "ethical solutions for artists and the wider music ecosystem, advancing generative AI technology in ways that are respectful of copyright" and enabling human creativity.
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Limp Bizkit Sues Universal Music Over Alleged Flaw in Artist Royalty Payment Process
The band claims that the music conglomerate intentionally designed its system that calculates royalties to prevent artists from recouping advances.
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Meta, Universal Music Group to Allow Users to Share Songs on WhatsApp
The move is part of an expanded global licensing deal between the social media giant and the major music label led by CEO Lucian Grainge.
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Universal Music Group CEO on Protecting Artists From AI: “We Recognize Potential Threats Early”
Lucian Grainge told investors the major music label was going to the courts to protect the rights of its artists and songwriters, led by Taylor Swift, Drake and Lady Gaga, from massive copyright infringements.
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As AI Marches on Music Industry, Record Labels Counter With $350M Lawsuits In Assertive Move
The impact of generative artificial intelligence may be more readily seen in music than in other industries. Record companies are working arm-in-arm in court to fight back.
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Universal Music Group CEO On New TikTok Deal: “Human Artistry Must Be Respected”
UMG’s artists and songwriters, led by Taylor Swift and Lady Gaga, have returned to the social media platform after a tussle over music licensing terms.
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Universal Music Group and TikTok Strike New Music Licensing Agreement
The two companies had been at loggerheads over royalties paid out by TikTok, with UMG pulling the music of artists such as Drake, Taylor Swift and Lady Gaga from the social media platform.
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Universal Music Group Partners With Spotify to Offer Artists More Promotional Tools
The expanded partnership comes amid UMG's stalemate with TikTok.
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Taylor Swift, Rolling Stones Help Drive Universal Music Group Quarterly Results
The music major posted its fourth-quarter earnings, with CEO Lucian Grainge saying of its licensing standoff: "There must not be free rides for massive global platforms such as TikTok."
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Universal Music Takes Stake In Major Artist Catalog Firm For $240M
The deal values the music portfolio company, Chord Music, which has rights to 60,000 songs, at $1.85 billion.
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Capitol Music Group CEO Exiting Amid Restructuring
Michelle Jubelirer, who had been at Capitol for more than a decade, told staff she would be departing, effective Wednesday.
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