Warner Music Group has made another addition to its digital team, this time focused on the role of playlists in today’s streaming music industry. Michael Steele has been hired as the label’s director of playlist programming and curation. Continue Reading
Warner Music Group has hired two new people for its digital strategy team. The major label brought on Michael Drexler as its vice president of digital strategy and corporate development. Allan Coye joins as vice president of digital strategy and business development. Continue Reading
Warner Music Group has sold off digital distributor Zebralution back to its original founders. The major has owned the company for a decade, but has sold it off as part of a divestiture agreed to by WMG with indie music specialists IMPALA and Merlin. Continue Reading
Warner Music UK has introduced a new label called Artists To Watch Records that will be a streaming-only operation. The new company will seek out songs that have potential to become popular on streaming services and put resources into making them hits. Continue Reading
Warner Music Group posted financial results for the first quarter, marking a strong start for streaming in the new fiscal year. At 48.4%, digital sources are now responsible for nearly half of Warner’s total revenue. Continue Reading
Universal Music Group leads the labels in volume of audio streams distributed in the U.S. during 2016, according to Music Business Worldwide. The major was responsible for 84.03 billion audio streams, about a third of the total market. Continue Reading
Warner Music Group posted its financial results for the fourth quarter and the fiscal year, and streaming played a large part in the company’s strong results. The label didn’t break out specific numbers for streaming’s contribution, but did acknowledge its role in more general terms. “Digital growth reflects a continuing shift to streaming revenue,” the press release read. Continue Reading
Playster has inked licensing deals for its planning streaming music revamp with Sony Music Entertainment, Warner Music Group, and The Orchard. B2B music specialists 7digital will be powering the redesigned platform. Continue Reading
The latest quarterly earnings release is from Warner Music Group, and streaming revenue continues to be a standout for the label. “Streaming revenue for the quarter was about double the size of download revenue, and was meaningfully larger than physical revenue,” CEO Steve Cooper said. Continue Reading
Last week, we reported that Warner Music Group was on the verge of announcing a deal with video service Vevo. That partnership has been formalized, and as expected, it is a looser tie-up that Vevo has with the other two major labels. Continue Reading
Warner Music Group announced a partnership with streaming video service Vadio. This deal will see Vadio and its distribution partners getting access to music videos from Warner’s artist roster. Continue Reading
Vevo and Warner Music Group may be nearing a deal that will see the label’s artists appearing on the video platform. According to Billboard, the agreement will see Warner artists’ music videos added to Vevo.com and the Vevo mobile app. The deal, which is more than a year in the works, could be finalized as early as this week. Continue Reading