Tag: music publishing

Spotify’s planned paid AI covers and remixes add-on creates a new revenue stream from Premium subscribers while leaving artists without key details on royalty formulas, ownership, payment triggers, deductions, training rights, and opt-out controls. Merlin’s participation gives Spotify access to…

Universal Music Group reported modest Q2 growth but delivered stronger results for the first half of 2025, with total revenue up 6.4% year-over-year, driven by gains in recorded music and publishing. Music publishing saw the biggest lift, up 11.6% year-over-year,…

Warner Music Group is cutting approximately $300 million in costs, including $170 million via layoffs, as part of a restructuring plan aimed at "future-proofing" the company and boosting investment in music. CEO Robert Kyncl emphasized a renewed focus on A&R…

Warner Music Group and Bain Capital have launched a joint venture to invest up to $1.2 billion in acquiring music catalogs spanning both recorded music and publishing. WMG will lead marketing, distribution, and administration, while both firms share equity and…

Universal Music Group reported a 6.5% revenue increase in 2024 to $12.8 billion, with subscription revenue up 8.2% despite a 5.1% drop in streaming revenue. Cost-cutting through layoffs boosted profits, with adjusted EBITDA rising 13.8% to $2.88 billion. UMG emphasized…

Spotify and Universal Music Group have signed a multi-year deal to expand subscription tiers, bundled offerings, and audiovisual content, aiming to boost fan engagement and monetization. A new direct license with Universal Music Publishing Group enhances songwriter royalties, while Spotify…