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Universal Music Group NV (OP: UMGNF )

24.86 -0.81 (-3.16%)
Streaming Delayed Price Updated: 2:44 PM EST, Jan 2, 2025 Add to My Watchlist
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Spotify Fires Back At Drake: Calls 'Artificially Inflated Streams' Allegation Over Kendrick Lamar's Hit Unfounded
Spotify denied Drake's claims of "artificially inflated" streaming numbers for Kendrick Lamar's track "Not Like Us," emphasizing ethical practices and fan-driven streams, while Drake's legal team... 
Via Benzinga
2024 Was World's Taylor Swift Era Once Again: Spotify Reveals Top Artists, Songs, Albums, Podcasts
Taylor Swift is the most streamed artist on Spotify for a second straight year. A look at the most streamed songs, albums and artists in 2024. 
Via Benzinga
Streaming, Vinyl Propel Music Copyright Value To $45.5 Billion
Global music copyright hit $45.5B in 2023, driven by streaming and vinyl. Explore how UMG, Sony, and Spotify shape the thriving industry. 
Via Benzinga
Taylor Swift Teams Up With Target For Exclusive Black Friday Merch: Will Swifties Boost Q4 Sales, Prove Donald Trump Wrong?
Taylor Swift is releasing two new products exclusively in Target stores. Could this provide an extra holiday boost to the retailer? 
Via Benzinga
Topics Government
Exposures Political
Rihanna’s “Goodnight Gotham” Acquisition by Music Licensing, Inc. (OTC: SONG) Unlocks Significant Royalty Opportunities Across Global Platforms
From Music Licensing, Inc.
Via GlobeNewswire
Kendrick Lamar To Perform Super Bowl LIX Halftime: Could Apple, Fox And Universal Music Get A Boost?
Apple, Fox and Universal Music could be winners from Kendrick Lamar performing at Super Bowl LIX. 
Via Benzinga
Global Music Industry Surges: IFPI Reports $28.6 Billion In 2023 Revenue
Global music revenues surged 10.2% in 2023, reaching $28.6 billion, according to a report. However, the industry faces challenges. 
Via Benzinga
Taylor Swift's 'The Tortured Poets Department' Sees 600% Sales Jump Months After Release
Taylor Swift's The Tortured Poets Department sees a 600% sales increase, reclaiming the No. 1 spot on Billboard's Top Album Sales chart. 
Via Benzinga
Big 3 Music Giant Warner: Streaming Boom Sends Shares Higher
Warner Music Group's shares rose 2-3% on the day of its earnings release. The company's streaming revenue growth compared favorably to Universal Music Group. 
Via MarketBeat
Music ETF (MUSQ) Hits The Right Note With Compelling Content Mix
Via Benzinga
Topics ETFs
Bill Ackman's Pershing Square Sinks 4.7% In July, Dashing 2024 Gains
Bill Ackman's Pershing Square lost 4.7% in July, erasing most 2024 gains, amid weak demand forcing the withdrawal of its IPO. 
Via Benzinga
Universal Music Group Shares Plunge After Disappointing Q2 Results
Universal Music Group shares drop 23% as streaming revenue declines. Discover how the music giant plans to navigate the market. 
Via Benzinga
Eminem Dethrones Taylor Swift With New Album 'The Death Of Slim Shady'
Eminem's 'The Death of Slim Shady' ends Taylor Swift's 12-week reign on US album charts, marking a major shift in the music industry. 
Via Benzinga
Taylor Swift And TikTok Rock Out With New Interactive Fan Experience
Dive into Taylor Swift's interactive TikTok experience celebrating The Eras Tour! Explore themed playlists, challenges, and artwork. 
Via Benzinga
'Is This Just Fantasy?' Sony Buys Queen Music Catalog For Over $1 Billion
Sony Music to acquire Queen's catalog for £1 billion ($1.27 billion), including recording rights and royalties. 
Via Benzinga
Don't Train AI On Our Content And Artists, Sony Warns AI Companies
Sony Music Group, one of the world's largest record labels, has issued a stark warning to AI companies and music streaming services. Sony prohibits any text or data mining, web scraping, or similar... 
Via Benzinga
Topics Artificial Intelligence Intellectual Property
Exposures Artificial Intelligence Intellectual Property
TikTok And Universal Music Group Forge Licensing Partnership
Universal Music Group and TikTok Forge Multi-Dimensional Licensing Agreement: Universal artists and songwriters set to thrive as their music returns to TikTok's global platform, marking a new era of... 
Via Benzinga
Karol G, Peso Pluma Propel US Latin Music Revenue To New Heights, Reaches $1.4B
Dive into the $1.4 billion US Latin music market surge. Discover how stars like Karol G and Peso Pluma are leading the charge. 
Via Benzinga
Taylor Swift's 'The Tortured Poets Department' Hits 1.6M US Sales, Sets Spotify On Fire With Over 300M Streams
Taylor Swift's 'The Tortured Poets Department' redefines success, selling 1.6M units and garnering 300M+ Spotify streams in a day. 
Via Benzinga
Taylor Swift Teams Up With TikTok For 'The Tortured Poets Department': Exclusive Features
Explore Taylor Swift's TikTok collaboration for "The Tortured Poets Department" album and her record-breaking Spotify pre-saves post-dispute. 
Via Benzinga
Sony Music CEO Warns Of Potential TikTok Exodus: 'We Should Share In Those Profits'
"The best music will be the most original use of AI. It won't be a fake Drake singing a Nirvana song," Sony Music CEO Rob Stringer says. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Why Spotify Technology Shares Are Gaining Today
Encouraging app download and search query trends suggest Spotify is on track to meet MAU and Premium Subscriber targets, with potential for mid- to high-teens growth and improved margins, despite... 
Via Benzinga
TikTok's Licensing Predicament: Expiring Music Publishers Deal Amplifies Universal Music Group Dispute
TikTok is facing mounting pressure as it removes recordings co-written by Universal Music Group NV (OTC: UMGNF) songwriters and approaches the end of its licensing deal with the National Music... 
Via Benzinga
Universal Music Group Announces Major Layoffs Amid $271M Strategic Overhaul
Universal Music Group NV (OTC: UMGNF) announced a "strategic organizational redesign" during its fourth-quarter earnings call, aiming for "efficiencies in targeted cost areas while strengthening... 
Via Benzinga
Topics Earnings Workforce
Exposures Financial Layoff
Universal Music Vs. TikTok: Harry Styles, Coldplay Pulled From Social Media Platform As Battle Over Music Rights Intensifies
Universal Music Group NV (OTC: UMGNF), the world's largest music company, is intensifying its dispute with TikTok, the popular short-form video pl 
Via Benzinga
Spotify Sees Silver Lining In EU Competition Law, Anticipates Rise Of 'Superfan Clubs'
Spotify Technology SA (NYSE: SPOT) anticipates positive changes with the European Union's Digital Markets Act (DMA), set to roll out on March 7 
Via Benzinga
Spotify Rival Tencent Music Strikes Chord With Universal Music In Renewed Pact
Tencent Music Entertainment Group (NYSE: TME), an online music and audio entertainment platform in China, renewed a multi-year strategic licensing deal with Universal Music Group (OTC: UMGNF).  
Via Benzinga
Nicki Minaj, Roblox Join Forces For 'Pink Friday 2,' Dominating Apple Music Charts As Roblox Shares Surge
Nicki Minaj is set to launch her highly anticipated album, "Pink Friday 2," on Dec. 
Via Benzinga
Sony, Universal, Warner Unite For Climate Action In Music Industry Ahead Of UN Conference
Sony Group Corp.'s (NYSE: SONY) Sony Music, Universal Music Group NV (OTC: UMGNF), and Warner Music Group Corp. (NASDAQ: WMG) have 
Via Benzinga
Taylor Swift Dominates 2023, Named Spotify's Top Artist With 26.1 Billion Streams: A Look At The Year's Top Artists And Music Trends
A look at the top artists, songs and albums from Spotify's 2023 annual list. Taylor Swift adds to her collection of wins on the year. 
Via Benzinga
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