YouTube Strikes New Deals With Universal and Sony Music

YouTube and the world’s largest music company, Universal Music Group, announced a new “global, multi-year agreement” on Tuesday morning. Susan Wojcicki, CEO of YouTube said in a statement: “We’re thrilled to strengthen our partnership with Universal Music Group. This agreement means we can drive more value to the industry, break and

Universal Music Group Streaming Revenues Climb 45%

Fueled by the rapid adoption of streaming, Universal Music Group’s revenue grew by 15.6% over the same period in 2016, rising to $1.5 billion for the quarter ending June 30, its parent company Vivendi said in its second-quarter earnings report Thursday. Operating income was up 48% to $183

Read Lucian Grainge’s Cannes Lions Media Person of the Year Speech

Universal Music Group chairman and CEO Sir Lucian Grainge can cross off another entry from his bucket list. The veteran executive was named Cannes Lions’ Media Person of the Year at a ceremony held at Palais des Festivals in Cannes, France on June 21. Among the industry names in attendance

Lucian Grainge: Cannes Lions’ Media Person of the Year

Both a visionary who early on embraced streaming and the digital revolution, and a traditionalist who signed and supported the careers of such classic artists as the Rolling Stones, Queen, Elton John and U2, Lucian Grainge, chairman/CEO of Universal Music Group, is recognized as one of the most

Nigel Grainge, Ensign Records Founder, Dies at 70

Record executive Nigel Grainge, who worked with Sinead O’Connor, The Boomtown Rats, Thin Lizzy, The Waterboys, 10cc, World Party, Steve Miller Band, and Eddy Grant, among others, died on June 11 of complications from a recent surgery. He was 70. The founder of Ensign Records and older brother of Sir Lucian Grainge, chairman and

Nigel Grainge, Ensign Records Founder, Dies at 70

Record executive Nigel Grainge, who worked with Sinead O’Connor, The Boomtown Rats, Thin Lizzy, The Waterboys, 10cc, World Party, Steve Miller Band, and Eddy Grant, among others, died on June 11 of complications from a recent surgery. He was 70. The founder of Ensign Records and older brother of Sir Lucian Grainge, chairman and