universal music group
Supreme Court Sides With Cox Communications, Rules Against Record Labels In $1 Billion Piracy Case
Supreme Court rules that Cox Communications not liable for $1B piracy suit; broadband industry celebrates, music labels disappointed.
Major Labels Ink Licensing Deal with AI Music Startup Klay
Universal, Sony, and Warner have signed deals with AI music startup Klay to train a "Large Music Model." Major Labels Ink Licensing Deal with AI Music Startup Klay Eddie Fu
Drake Clowned By UMG In Scathing Motion To Dismiss The Rapper’s “Not Like Us” Lawsuit
Drake is once again the butt of jokes on social media, and it's not because Kendrick Lamar dropped another diss record but because his own label had bars for him.
Jim Jones Defends Drake’s Lawsuit Against Universal Music Group
We are not even a month into 2025 and Jim Jones keeps going viral. Capo says he sees nothing wrong with Drake suing Universal Music Group. As spotted on HipHopDX Jim Jones recently paid a visit to the Broke N’ Frontin podcast. While he discussed a variety of topics regarding his career, the music industry and more […]
Joe Budden Kicks Drake’s Back In Over Lawsuit Against UMG & Not “Not Like Us” Claims
Joe Budden took aim at Drake on episode 779 of his popular broadcast in the wake of the UMG lawsuit filed by the Canadian superstar.
What Music Has Been Removed From TikTok After UMG Fallout?
Your music selection for your TikTok posts took a serious hit.
Black Sheep’s Suit Against Universal Music Dismissed
A judge has dismissed Black Sheep's lawsuit against Universal Music Group over unpaid royalties, claiming the group didn't meet the time statues dictated by their contract to make a claim.
R. Kelly forced to forfeit royalties to pay victim’s restitution
The embattled R&B singer was sentenced to 30 years after being found guilty in a federal sex trafficking case R. Kelly Forced to Forfeit Royalties to Pay Victim’s Restitution Bryan Kress
UMusic Hotel Madrid, a 5-Star Lodging Alternative for Music Lovers, Is Now a Reality
Madrid is hosting the first UMusic Hotel, a venture that aims to become an entertainment hub in the heart of the capital of Spain. Co-created by Universal Music Group and Dakia Entertainment Hospitality Group, the hotel is located inside the historic Albéniz Theater building, just a few steps from downtown tourist sites such as Puerta del Sol and Plaza Mayor. The hotel opened on Nov. 14, 2022, at a 60% capacity and is now fully operating, with Antonio Banderas‘ take on the musical Company showing at the theater until Feb. 14. Next, Spanish singer-songwriter David Bisbal will take the stage for 20 days between March and April as part of the celebrations of his 20th music career anniversary. The Albéniz Theater was inaugurated in 1945 and was in operation for more than 60 ye...
’90s Hip-Hop Duo Black Sheep Sues Universal Music Over an Alleged $750M in Unpaid Spotify Stock Royalties
A prominent ’90s hip-hop duo is suing Universal Music Group for withholding royalties tied to what they’re alleging is a “sweetheart” deal the label reached with Spotify in the late 2000s. Filed Wednesday (Jan. 4) in U.S. district court in New York by attorneys representing Andres Titus (Dres) and William McLean (Mista Lawnge), members of the hip-hop duo Black Sheep, the lawsuit claims UMG owes its artists approximately $750 million in royalties deriving from the company’s stock in Spotify. Under a licensing deal they claim UMG and the streaming giant reached in 2008, the label agreed to receive lower royalty payments in exchange for equity in the then-nascent streaming company. But Titus and McLean say the label breached their contract with Black Sheep and other artists by withholding wha...
The Ledger: Music Stocks Are Rebounding at the End of a Rough Year
The Ledger is a weekly newsletter about the economics of the music business sent to Billboard Pro subscribers. An abbreviated version of the newsletter is published online. After a miserable year for music stocks — and stocks in general — 2022 could end on a string of positive notes. As rising interest rates have hammered stocks and erased big gains made during the pandemic, the Billboard Global Music Index, a float-adjusted group of 20 publicly traded music companies, is down 36.1% in 2022, and shares of vital companies such as Spotify and Warner Music Group are down 65.7% and 20.5%, respectively. But in recent weeks, the momentum has reversed dramatically. The Billboard Global Music Index is up 12.6% over the last two weeks and 14.6% in the five weeks since Oct. 28....
The Ledger: Music Stocks Are Rebounding at the End of a Rough Year
The Ledger is a weekly newsletter about the economics of the music business sent to Billboard Pro subscribers. An abbreviated version of the newsletter is published online. After a miserable year for music stocks — and stocks in general — 2022 could end on a string of positive notes. As rising interest rates have hammered stocks and erased big gains made during the pandemic, the Billboard Global Music Index, a float-adjusted group of 20 publicly traded music companies, is down 36.1% in 2022, and shares of vital companies such as Spotify and Warner Music Group are down 65.7% and 20.5%, respectively. But in recent weeks, the momentum has reversed dramatically. The Billboard Global Music Index is up 12.6% over the last two weeks and 14.6% in the five weeks since Oct. 28....
