At long last, SoundCloud has signed a licensing deal with Universal Music Group. This deal allows Universal to collect revenue from instances where its catalog appears on the audio platform. SoundCloud has been working to get pen to paper on this agreement for many months. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s changes include a new appointment at Universal, a departure from BPI, and a changing role at Google. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves are restructuring of top management at UMG, a promotion at CBS Radio, and two spot radio hires for NPR. Continue Reading
One of UMG’s top execs is stepping down effective immediately. Max Hole will leave his role as the Universal Music Group International’s chairman and CEO following medical troubles. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves include an interim hire for Vevo and two promotions at major label divisions. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves include a new CEO at Cumulus Media and a new COO for 7digital. We also cover a promotion within the digital ranks at Universal and a new hire for Spotify’s Australia/New Zealand team. Continue Reading
Amazon Prime Music announced that it has licensed Universal’s catalog for listeners in the UK and U.S. Music by Universal artists will be added to Prime’s curated playlists. The deal covers many top 40 and popular artists, as well as a selection of jazz and classical albums. Continue Reading
Some days it seems like SoundCloud just can’t catch a break. Last month, we reported on rumors that SoundCloud and Universal Music Group might at long last be nearing a deal. In the latest twist of the will-they-won’t-they saga, Universal appears to have gotten skittish. Continue Reading
Universal Music Group reported its financial results for the first half of 2015. It was a milestone period for the company, with digital revenue accounting for more than half of its recorded music operation. Digital music was 50.1% of the revenue at €926 million. Total revenue from ad-funded and subscription streaming rose 34%. Continue Reading
We’ve been hearing whispers about SoundCloud and its outlook for months, with people across the industry questioning whether the audio platform is hovering on the brink of glory or disaster. The latest hints point to positive news, as rumors circulate that it is on the cusp of agreeing to a licensing deal with longtime critic Universal Music Group. Continue Reading
Universal Music Group has hired Jay Frank to serve as its senior vice president of global streaming marketing. In this role, he will be tasked with using data to maximize performance on streaming platforms for UMG’s artists, in addition to analyzing the effectiveness of UMG’s streaming marketing campaigns. He’ll also be responsible for curating and managing the company’s global playlists and coordinating playlist strategy for all Universal labels. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes in the audio industry. Here are the latest changes (and non-changes). Continue Reading