Music Industry Moves: Recording Academy and MusiCares Pledge $1 Million in Fire Relief Efforts
The Recording Academy and MusiCares have pledged $1 million in fire relief efforts for musicians impacted by the Los Angeles ...
Universal Music, Amazon Expand Partnership, Vow to “Address Unlawful AI-Generated Content”
"We are very excited to advance our long-standing, excellent partnership with Amazon Music that marks a new era in streaming ...
Universal’s Virgin Music Group to Acquire Downtown Music for $775 Million
In a long-rumored move, Virgin Music Group, the independent music division of Universal Music, will acquire Downtown Music Holdings for $775 million ...
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Pershing Square distributes 47m shares of Universal Music to investors, delists from Amsterdam exchange
Bill Ackman’s Pershing Square Capital Management (PSCM) is closing out an investment fund that held a stake in Universal ...
Virgin Music Group to Acquire Downtown Music Group in $775M Deal
Virgin Music Group, which is owned by Universal Music Group, has struck a deal to acquire Downtown Music Group Holdings for ...
UMG’s Virgin Music Group Acquires Downtown For $775 Million
Universal Music Group's Virgin Music Group agreed to buy Downtown Music Holdings for $775 million in a bid to bolster its ...
Music Publishers Reach Deal With AI Giant Anthropic Over Copyrighted Song Lyrics
While the case is proceeding, Anthropic's Claude will no longer provide lyrics to songs owned by the music publishers or new ...
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Universal Music doubles down on motion to dismiss Limp Bizkit lawsuit
After filing a motion to dismiss in late November, Universal Music Group now maintains that the case should be dismissed on ...