chosen not to listen to complaints from copyright owners," labels claim By Ethan Millman Top stories newsletter A Cultural Force That Transcends Generations Enter your Email By providing your information, you agree to ourTerms of Useand ourPrivacy Policy. We use vendors that may also process your...
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trailblazing contribution to the South Asian music landscape, in 2014, Ayyub was awarded an MBE honour for service to broadcasting, Asian music and community services. In 2017 the OSA Ltd owners finalised a sale to Hi-Tech Music Ltd, another ...
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Distributions to shareowners (929) (798) Dividends paid by consolidated companies to their non-controlling interests (2) (2) Transactions with shareowners (931) (800) Proceeds from borrowings 6,647 5,938 Repayments of borrowings (6,815) (6,359) Interest, net (77) ...
TikTok has the ability to be a force for good in the consumption of music. Universal has done the right thing here, from the perspective of making sure that the ‘900 pound gorilla’ of our business is setting a tone that is not only in the best interest of music rights-...
“I am proud of what we’ve created in just seven years in a challenging period for the music business. At the same time, we as owners feel certain that the MBO labels will grow even stronger as part of Universal Music,” added Michael Ritto in a statement ...
Under the licensing deal, the relevant copyright owners would be paid for using their likeness and can opt-in to give UMG and Google permission to license AI-generated music using their voice, per the FT. Google and UMG are in the early stages of negotiations over creating the deep fa...
The announcement admits as much, saying that the site is designed as "a premium online music video hub built for consumers, advertisers, and content owners." YouTube and Universal will split revenues from both Universal's music on YouTube and from VEVO. ...
Other record label owners such as Sony Music have been watching the battle between the two sides keenly ahead of the end of their own current licensing deals withTikTok. Universal Music Group chief Lucian Grainge, right, with rapper Ice Spice in February. He said the dispute with TikTok had...