Universal Music Greater China announces distribution deals with indie label Modern Sky and the hit reality show The Rap of China.
After UMG's $500 million copyright infringement lawsuit against Believe, Billboard explores what serious distributor reform would look like — and if it is a good idea.
Also this week: New West Records goes on a promotion spree, Sony Music Publishing hires a new vp of creative and Armada Music appoints a head of catalog.
As part of restructure, UMG is breaking out the Latin artist services agency as a standalone global division, managed independently from local labels.
The world's largest music company launched a "Streaming 2.0" strategy and is talking to Spotify about its premium subscription offering.
The duo, with Beard on the West Coast and Wolter on the East Coast, report in to label president and chief creative officer Wendy Goldstein.
The formation of Island EMI Label Group and Polydor Label Group follows a similar reorganization of operations in the U.S.
The new deal will allow Universal signees to develop unique, custom voice models for their personal use in the recording studio.
Also this week: DiMA doubles down on its svp of government affairs, APM Music elevates a sync licensing veteran and Reed Smith adds counsel.
Investor advisory groups Institutional Shareholder Services and Glass Lewis called UMG's remuneration report, which details its top executives' 2023 pay packages, "excessive."
