insert_link Adult Contemporary Drake Signs Huge Deal with Universal Music Group Drake has just entered into a multi-faceted deal with Universal Media Group that encompasses recordings, publishing, merchandise, and visual media projects. UMG, who recently confirmed a similar agreement with the Weeknd, is said to have come to a "Lebron-sized" arrangement with the Certified Lover Boy rapper, who has referenced a large paycheck from the company in multiple tracks. The deal has been reportedly valued as high as $400 million, although an official […] todayMay 4, 2022
insert_link Music The Weeknd Sings Huge Deal with Universal Music Group Universal Music Group has just revealed a long-term, global partnership deal with The Weeknd. Home to the star's label, Republic Records, UMG put out a press release detailing the leveled-up relationship between itself and The Weeknd. “Over the past decade, we have been honored to work so closely with Abel who has quickly become one of music’s most creative and important artists—a once-in-a-generation talent,” said Sir Lucian Grange, the chairman and […] todayApril 29, 2022
insert_link Classic Hits Neil Diamond Sells Music Catalog to Universal Music Group Neil Diamond has become the most recent artist to follow the trend of making a top-dollar deal by selling his song catalog and recording rights. Diamond did his business with Universal Music Group, but a value was not disclosed. The agreement, however, was detailed to include rights to all of Diamond's recordings, 110 unreleased tracks, and an unreleased album. Diamond and UMG have a historical relationship, as the iconic artist […] todayMarch 2, 2022
insert_link Classic Hits Sting Sells Songwriting Catalog for $250 Million Sting has sold his entire songwriting catalog, including both solo work and songs written for the Police, to Universal Media Group for a reported $250 million. The agreement includes copyrights and royalties. “It is absolutely essential to me that my career’s body of work have a home where it is valued and respected,” Sting said in a statement. “Not only to connect with longtime fans in new ways but also to […] todayFebruary 11, 2022
insert_link Classic Hits Music Labels Reportedly Determined to Spend Big Bucks on Sting, David Bowie Catalogs In a not-so-new-trend, a handful of rock n’ roll greats are putting their song catalogs on the market with pretty large price tags. Bruce Springsteen was one of the most recent rockers to do so, as he is reportedly in negotiation with Sony to seal the deal. Now, there are reports of certain labels looking to snag Sting and David Bowie’s valuable IP. Universal Music Group has been reported to […] todayNovember 19, 2021
insert_link Tech Made Simple Trump’s WeChat ban could reach much further into the Tech World Last Thursday, the Trump administration issued a pair of stunning executive orders against Chinese technology companies, banning US transactions with the companies after a deadline of September 20th. Most of the immediate focus has been on TikTok, which was targeted through its parent company ByteDance — but the second order could have a far more unpredictable impact, targeting text app WeChat and its parent company Tencent. Tencent is one of […] todayAugust 10, 2020
insert_link Tech Made Simple Queen Rhapsodizes to the top of the Streaming Charts Queen’s “Bohemian Rhapsody” is the most-streamed song from the 20th century, and the most-streamed classic rock song of all time. The song, which reached and stayed at No 1 in the UK for 9 weeks in 1975 and then again in 1991 following Freddie Mercury’s death, has now been streamed 1.6 billion times across platforms that include Spotify, Apple Music, YouTube and other streaming services, according to Queen’s label, Universal […] todayDecember 21, 2018
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