In his annual New Year's letter to Universal employees, Grainge highlighted the company's successes but also called for change in an era of "bad actors."
The 130-room hotel is located inside the historic Albéniz Theater building, where Antonio Banderas' take on the musical Company is currently playing.
The case is the latest legal scuffle for the TikTok-like social media service, which is also embroiled in a similar fight with Sony.
Andres Titus & William McLean claim UMG artists have been cheated out of royalties due to a "sweetheart" licensing deal the label struck with Spotify in 2008.
In a year without major IPOs, the majority of the most valuable music business deals involved catalog acquisitions in one way or another.
Upbeat third-quarter results defied a mostly bleak earnings season for other sectors.
The more than three-year-old program is coming to Frederick Douglass High School in Atlanta and Motown Museum’s Hitsville NEXT in Detroit in the spring.
The Billboard Global Music Index is up 12.6% over the last two weeks and 14.6% in the five weeks since Oct. 28
Ethiopia Habtemariam oversaw the best period for the storied label in years. With her impending departure, questions for the future remain.
Following Sony's lawsuit, one label source says "millions" in unpaid royalties are the issue. Triller denies this, saying the app is "reassessing" label deals.
