IMPALA and several associate national trade groups say the acquisition represents “unchecked concentration in the music market.”
Completing the acquisition of [PIAS] “enhances our ability to support the independent artist and label community globally,” said UMG's Boyd Muir.
Completing the acquisition of [PIAS] “enhances our ability to support the independent artist and label community globally,” said UMG's Boyd Muir.
As part of restructure, UMG is breaking out the Latin artist services agency as a standalone global division, managed independently from local labels.
UMG succeeded in providing a vision for the future of streaming and believable financial targets, according to a handful of equity analysts.
The world's largest music company launched a "Streaming 2.0" strategy and is talking to Spotify about its premium subscription offering.
"Together, we're making sure that every voice is not just heard, but impossible to ignore," says HeadCount's executive director.
UMG's takedown request turned out to be wrong, but a judge says it would only have been illegal if the label had done it intentionally.
Label and publisher stocks that soared in 2023 are mostly down this year, as some souring indicators have created uncertainty among investors.
The new arrangement covers Meta’s platforms including Facebook, Instagram, Messenger, Horizon, Threads and for the first time, WhatsApp.
