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Universal Music, Tidal Streaming Collab Reaches New Platforms
Toward January’s conclusion, following its CEO kicked off 2023 by touting the perceived prospective of “artist-centric” audio platforms, Universal Music Team (UMG) partnered with Tidal “to discover an innovative new financial model” for streaming. Now, the Massive A few label has disclosed that the collaboration is extending to distinctive expert services still. This most recent development in UMG’s energy to retool streaming services’ compensation framework emerged in the company’s Q4 2022 earnings call. For reference, Tidal and Universal Music claimed in a depth-gentle launch that they would try to improved reward “the benefit delivered by artists” on platforms such as Spotify, Apple Tunes, and Deezer. Then, Tidal a few days…
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Triller Faces Missing-Payment Suit From Universal Music Group
Photo Credit history: Triller In August of 2022, Sony Audio Enjoyment (SME) sued Triller for allegedly failing to make millions in royalty payments. Now, Universal Songs Group (UMG) has filed a lacking-payment complaint of its very own against the TikTok competitor. Triller’s hottest licensing dispute just not too long ago entered the media spotlight, after the small-kind video clip-sharing application last month formally responded to Sony Music’s aforesaid motion. For qualifications, Triller – which experienced been functioning towards a Q4 2022 IPO, according to execs – formerly clashed with Universal Tunes in 2021. UMG yanked its artists’ function from Triller in February of 2021 as element of the legal rights-linked…
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Universal Music Sued For Allegedly Underpaying Spotify Royalties
Universal Tunes Team (UMG) is officially experiencing a course-action lawsuit for allegedly “depriving artists of the royalties they are contractually owed” – to the tune of a staggering $750 million in “unlawfully retained” payments from Spotify streams. Andres Titus and William McLean, rappers who carry out and release music jointly as Black Sheep, just recently submitted the breach-of-agreement grievance to a New York federal court. Black Sheep signed with PolyGram in the summer months of 1990, for every the motion, and introduced an RIAA qualified Gold album referred to as A Wolf in Sheep’s Outfits the subsequent 12 months. “The Preference Is Yours (Revisited)” is claimed to be the most…
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Universal Music Group (UMG) Awarded ‘Ukraine Peace Prize’
Deputy Primary Minister Olha Stefanishyna presents the Ukraine Peace Prize to UMG exec Frank Briegmann. Picture Credit score: Olivier Matthys/Common Songs Team Common Music Team (UMG) has gained the “Ukraine Peace Prize” for its self-described “support for humanitarian relief initiatives in the region” as well as “music’s historic role in fostering peace.” UMG, which earlier this calendar year became the 1st Significant 3 label to stop running in Russia, formally disclosed today that it had been awarded the Ukraine Peace Prize. Issued by Ukrainian President Volodymyr Zelensky, the honor was given to Universal Music’s chairman and CEO of Central Europe and Deutsche Grammophon, Frank Briegmann, the business indicated. Olha Stefanishyna,…
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Tupac photo sparks lawsuit against Universal Music
The copyright turf war between photographers and rappers proceeds this week, with a clean lawsuit over a photograph of the late rapper, Tupac Shakur. The estate of Chi Modu, a hip-hop photographer who captured a lot of of the most famous photographs of the major names in the 90s, is now suing Common Music Team (UMG) for copyright infringement for applying a person of Modu’s photographs of Tupac in a weblog article without attribution or authorization. Because Modu died final calendar year, his estate, managed by trustee Sophia Modu, has also been sued by Biggie Smalls’ estate for violating its correct to publicity. It is all an additional struggle in…
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The Weeknd Finalizes ‘Long-Term Partnership’ With Universal Music Group
Photo Credit history: Fred von Lohmann / CC by 2. The Weeknd has formally inked “an expansive, prolonged-expression partnership” agreement with Universal Tunes Group (UMG). The Major Three document label and the Toronto-born singer-songwriter unveiled their extended offer nowadays. Beginning with potential recordings, The Weeknd – who’s introduced all 5 of his studio albums by using UMG’s Republic Information – will continue to be signed to the label for the foreseeable foreseeable future, in accordance to the involved parties. On the publishing side, Common Audio Publishing Team (UMPG) is poised to “administer all his long run performs and songwriting catalog in a new very long-phrase deal” – albeit “upon [the]…
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