With fans able to stream an unlimited amount of music for a fixed price, it behooves artists to pad the length of their latest releases.
"I've decided to say goodbye to my Sony family. I can't wait to see what the next adventure holds," Lambert said in a social media post.
Annual revenues for the French music company increased to 760.8 million euros ($723.5 million) last year.
The new standalone will sit alongside Decca Classics under the Universal Music U.K. umbrella.
The label will release the Lagos-born artist's fifth studio album in June.
The song, which was removed from Spotify over a rights issue, is back up, while the Mississippi MC has decided to remain with UnitedMasters for now.
The nine-year veteran of WMG guided the company through its return to growth and debut on Wall Street.
Life in the fast lane: Labels are leaning into uptempo remixes as a way of driving streams and bringing "new life to tracks"
The agency behind BTS said it was still studying possible avenues for collaboration with SM, once South Korea’s dominant K-pop company.
Led by longtime dance industry executive Sam Mobarek, Major Recordings launches with the signing of duo PARISI.
