UMG’s stock up 11% on Revenue Boost from Streaming Price Hikes – Billboard

[ad_1] Universal Music Group’s stock closed up 11% on Thursday, one day after the company reported it saw a 10.6% rise in recorded music subscription revenues in the second quarter thanks to higher streaming subscription prices. UMG’s stock closed at €24.21 ($26.63) on Thursday, up 11% from the prior day’s close. The world’s largest music … Read more

Jenni Rivera Estate Signs Deal With Universal Music Group Publishing – Billboard

[ad_1] The Jenni Rivera Estate has signed a global deal with Universal Music Publishing Group to administer the publishing rights for Jenni Rivera’s global catalog, Billboard has learned. “I’m so excited about this new partnership with Universal Music Publishing. It’ll bring great achievements for my mom’s legacy and for Jenni Rivera Enterprises,” said Jacqie Rivera, CEO of … Read more

Billie Eilish’s ‘What Was I Made For?’ Is No. 1 on Hot Alternative Songs – Billboard

[ad_1] Billie Eilish’s “What Was I Made For?” soars in at No. 1 on Billboard’s Hot Alternative Songs chart dated July 29 following its first full week of streaming, sales and airplay. In the July 14-20 tracking week, “What Was I Made For?” earned 11.4 million official U.S. streams and 699,000 radio audience impressions and … Read more

Taylor Swift Beats Lawsuit That Accused Her of Stealing ‘Lover’ Book – Billboard

[ad_1] A Mississippi woman has dropped her copyright lawsuit claiming that Taylor Swift stole aspects of a self-published book of poetry when she created a companion book for her album Lover, months after the star’s lawyers called it a case that “never should have been filed.” Teresa La Dart sued Swift last year, claiming that … Read more

Utopia Music CEO Says No Plans For More Layoffs, Cost-Cutting Measures – Billboard

[ad_1] Utopia Music has no plans to sell either of its U.K. distribution businesses, Proper Music Group and Utopia Distribution Services, according to the Swiss-based tech company’s co-founder/interim CEO, as it attempts to transition from a hyper-growth company to a profitable one. Utopia Music acquired Proper Music Group, the United Kingdom’s leading independent physical music … Read more

Sinead O’Connor’s Death ‘Not Being Treated As Suspicious’: London Police – Billboard

[ad_1] As the outpouring of tributes and grief continued in the wake of Sinead O’Connor‘s death on Wednesday (July 26) at age 56, London’s Metropolitan Police released some information about the circumstances surrounding the “Nothing Compares 2 U” singer’s passing. According to a statement from the London Metropolitan Police — which did not refer to … Read more