Universal-Music-Group

A new Drake x The Weeknd track just blew up — but it’s an AI fake

A song featuring the voices of Drake and The Weeknd called “Heart on My Sleeve” has amassed over 250,000 Spotify streams and 10 million views on TikTok. But the two renowned musicians had nothing

Universal Music Group signs licensing deal with African streaming service Mdundo

The music catalog of the Universal Music Group (UMG), the world’s largest record company, will be available to users of Africa-focused streaming service Mdundo following the signing of a licensing d

Crypto gaming giant Dapper Labs takes its next shot with Genies NFT platform ‘The Warehouse’

As they near the end of a blockbuster year for NFTs that saw more than $10 billion in transaction volume, today’s NFT project developers are finding themselves facing a dilemma — whether t

Apple Music expands Chinese music reservoir via Tencent deal

Apple Music users around the world will soon have access to more Chinese musicians. Tencent Music Entertainment, the online music subsidiary of Tencent, said Tuesday that “record labels and arti

Roku’s first original film continues NBC’s canceled series ‘Zoey’s Extraordinary Playlist’

Roku’s expansion into original content continues with news that the streaming platform and device maker will debut its first original feature-length film during the 2021 holiday season. In partn

Snap had its best quarter in four years

If you’ve started using Snapchat more regularly this year, you’re not alone. At yesterday’s Q2 earnings call, Snap CEO Evan Spiegel announced that the platform grew both revenue and

Snap makes a deal with Universal Music Group, adding its catalog to Sounds

Snap today announced a multi-year deal with Universal Music Group, one of the largest music companies in the world. From Queen to Justin Bieber, users can clip songs from the expansive UMG catalog to

Tencent Music now has joint labels with all ‘big three’ record labels

The music streaming arm of Tencent is further tightening its ties with the “big three” record label companies, its major licensing partners. Tencent Music Entertainment announced Tuesday t

Tencent-led consortium will lift stake in Universal Music to 20%

Tencent is further strengthening its ties with music giant Universal Music Group as it continues to dominate the Chinese music streaming market. A consortium led by Tencent and comprising Tencent Musi

Snapchat had a big August amid TikTok uncertainty

The continual uncertainty around TikTok’s future may have provided a big boost to Snapchat in August. Or maybe it was just the Disney eyes filter that went viral. In any event, preliminary estim

Tencent and Universal Music to take Chinese artists global under joint label

Digital entertainment titan Tencent continues to drum up its music ambitions. On Tuesday, Tencent Music Entertainment, majority-owned by Tencent with a 55.6% stake, announced establishing a new joint

How Kobalt is betting on music’s middle class and DIY stars

Streaming services have made music ubiquitous, driving more exploration by consumers who don’t have to pay for each song or album individually. Musicians are correspondingly able to find their own n

Spotify needs to crack down on labels snatching user data

Spotify seems to have learned little from the Facebook developer platform’s scandals despite getting a huge boost from the social network in its early days. Spotify has been caught allowing reco

TikTok’s next ambitious goal is to discover future music stars

TikTok needs a lot of music. A lot. The short-form video service began life as a lip-synching app in China, where it’s called Douyin, and although other categories of content, like skits and lif

Spotify rival Tencent Music posts maiden quarter loss of $130M on one-off costs

Tencent Music Entertainment Group, the Chinese answer to Spotify that Tencent spun out and floated on the New York Stock Exchange in December, reported a net loss of 876 million yuan ($127 million) in

Facebook and Warner Music ink recorded and published music deal for videos and messages

Just weeks after signing a large licensing deal with leading indy label representative ICE, Facebook has continued its march into the world of music with the news that it has now added Warner Music Gr

Pop star turned entrepreneur Starshell raises $1 million for her Birthday Girl World

For the singer-songwriter Starshell, a one-time protege of Mary J. Blige, success comes in many guises — and the latest is startup entrepreneur. Her song “Birthday Girl“, resonated s

Facebook and Universal Music Group’s new partnership will allow for user-gen videos with licensed music, new social features

Facebook today announced a first-of-its-kind licensing deal with Universal Music Group that will allow users across its properties – including Facebook, Instagram and Oculus – to use Unive

As SoundCloud Signs UMG, CEO Ljung Says Subscriptions Are Coming This Year

As free music streaming continues to grow in popularity, one of the bigger services has hit an important milestone in its bid to build a profitable business. SoundCloud — the Berlin-based au

Rockbot Grabs Funding From Universal Music Group To Bring Its Social Jukebox To More Businesses

Rockbot, a virtual jukebox solution for businesses, has closed strategic investment from Universal Music Group, which is the largest of the major music labels. That funding will be used as Rockbot see
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