Universal, Sony and Warner appear to have curbed their spending in 2020 while boosting profits. But what happens when record labels need to ramp expenditure back up next year?
Spirit Bomb, which has won over investors including Warner Music Group and Chinatown Market, is readying virtual artists to compete against the likes of Lil Miquela
While more than 1,000 companies are pausing Facebook spending due to the platform's policies around hate speech, the music industry has mostly ignored the boycott — or even increased its ad buys
The Chinese music-streaming giant just purchased 4 million shares in a newly public WMG, which is home to the likes of Tom Petty, Led Zeppelin and Cardi B
"People don’t know how many black executives are at a label versus how many black artists," one label executive says. "The reality is we’ve all been desensitized to a degree"
WMG is once again a public company. On its first day of trading, shares closed at $30 a pop, giving the record company a $15 billion valuation
Record labels are banking on India for music growth — but streaming stats indicate the bet hasn't paid off as much as they'd like
WMG could raise as much as $1.8 billion from 70 million shares expected on the market, valuing the company at around $13.3 billion
Warner will distribute Mattel's 1,000-song catalog of children's music from toy brands including Thomas and Friends and American Girl.
If early data from Italy's music market is anything to go by, music companies won't be as insulated from coronavirus' effect on the markets as they may hope
