Universal Music Group has addressed concerns regarding the proposed $775 million acquisition of independent music company Downtown Music by offering an unspecified remedy to the European...
The European Commission's preliminary view on the proposed acquisition of Downtown Music Holdings by Universal Music Group (UMG) through its affiliate Virgin Music Group, is that...
AI-powered music technology company Klay Vision has closed separate AI licensing deals with the recording and publishing units of all three majors — Universal Music Group...
Universal Music Group (UMG) posted revenue of €3.02 billion for the third quarter of 2025, an increase of 5.3% year-over-year, or 10.2% in constant currency, thanks...
Universal Music Group (UMG) and AI-powered music creation platform Udio have announced that they have reached a series of "industry-first strategic agreements," under which the companies...
The European Commission has reset the clock on its probe into the proposed $775 million acquisition of independent music and services company Downtown Music Holdings by...
The proposed acquisition of Downtown Music Holdings by Universal Music Group, currently under investigation by the European Commission, carries "significant risks for both the quantity and...
Spotify has forged partnerships with Sony Music Group, Universal Music Group, Warner Music Group, independent labels' licensing company Merlin, and Paris-based music company and distributor Believe to develop "responsible AI products...
Universal Music Group (UMG) Chairman & CEO Lucian Grainge wants his company to play a central role in fostering "AI’s enormous potential." In a memo to...
Putting an end to months of heated arguments, District Judge Jeannette Vargas of the United States District Court for the Southern District of New York has...
