The latest music news from Digital Music News, affecting recording industry, music publishing, mp3 streaming, concert industry, talent development, venture capital, and music technology, with reporting on artists new releases and where to get new mp3 songs.
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Universal Music Group issues a statement on Pershing Square’s unsolicited offer ahead of the Board of Directors completing its review of the proposal. Pershing Square’s proposed $64 billion takeover scheme for Universal Music Group (UMG) has the industry buzzing and stocks soaring. But the company’s Board of Directors doesn’t seem too keen on the offer, […]
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YouTube is pulling out all the stops for its Coachella 2026 experience, including with seven simultaneous livestream feeds, exclusive merch, and more. The video-sharing giant just recently confirmed its bolstered Coachella hub, which is poised to receive a full-scale launch in tandem with the festival kickoff this Friday. Following well-documented attendance woes, the 2026 installment’s...
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50 Cent teased that Hulu was paying $75M for a documentary about him, but since it was April 1, fans weren’t sure if it was a joke. It wasn’t. On April 1, rapper 50 Cent posted on social media that Hulu was paying $75 million for a documentary about him, having beaten out Apple, Netflix, […]
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Rapper Offset was shot in Florida on Monday and is currently hospitalized and in stable condition, a spokesperson confirmed. Offset, the Migos member and ex-husband of Cardi B, was shot in Hollywood, Florida, on Monday. He is currently in stable condition and is being treated at the hospital. The rapper was reportedly shot near the […]
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The Cox v. Sony Music decision’s aftershocks aren’t finished yet: Now, the Supreme Court has wiped away a verdict that originally included a $47 million willful copyright infringement penalty against Grande Communications. The nation’s highest court vacated the piracy liability judgment in an April 6th Order List. As some will recall, November 2022 had seen […]
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Sorry, how much? Billionaire hedge-funder Bill Ackman and his Pershing Square have now proposed a $64 billion+ deal to acquire Universal Music Group (UMG), a takeover that would include a shift to the New York Stock Exchange. The offer, which values the world’s largest music label at €30.4 ($35.06) per share, represents a substantial 78% […]
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Pershing Square’s proposed $64 billion Universal Music Group (UMG) takeover deal is officially out in the open – but will the gigantic transaction wrap? The multibillion-dollar question is now taking center stage and prompting discussions about what the “New UMG” would look like. We broke down that floated $64 billion deal in detail this morning. […]
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Wireless Festival has been cancelled after the UK government denied entry to headliner Ye, amid outrage over his rampant antisemitism in recent years. Wireless Festival will not be taking place this summer after headliner Ye, formerly known as Kanye West, was barred from entering the UK. The government denied the artist entry amid widespread outrage […]
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In the wake of an abrupt Wireless Festival shutdown, more industry voices are questioning whether re-platforming Kanye West was really the right move. But will this ultimately impact the music industry’s most sophisticated backers? The high-stakes gamble on Kanye West’s redemption is hitting a brutal reality check. Now, the once-promising comeback play could be quickly […]
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Laufey renews her global publishing deal with Warner Chappell Music ahead of the deluxe edition of her 2025 album, out April 10. Warner Chappell Music (WCM) has renewed its global publishing deal with composer, singer, producer, and multi-instrumentalist Laufey. The two-time Grammy winner is the youngest recipient of the Best Traditional Pop Vocal Album, and […]
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Recently rebranded The Team announces the promotion of Kevin Shivers to co-president of the agency’s music group ahead of an anticipated sale. Today, The Team formerly known as Wasserman announced the promotion of Kevin Shivers to co-president of the agency’s music group. He will work closely with Lee Anderson, the agency’s former president and current […]
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If Q1 2025’s nearly $2 billion in music industry funding seemed like a lot, you’ll want to take a seat for this one. Thanks in large part to another huge contribution from catalog, core music funding approached a staggering $5 billion during 2026’s opening quarter. As usual, that figure and other valuable takeaways come from […]
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After the Supreme Court’s decision to reverse the liability verdict against Cox Communications, new site-blocking proposals emerge in Congress. But can this lobbying shift make up for a disastrous Supreme Court gavel drop in Cox v. Sony Music? The Supreme Court recently ruled to reverse the piracy liability verdict against Cox Communications, a significant win […]
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Nearly four years later, the ugly Epidemic Sound v. Meta copyright infringement lawsuit still hasn’t resolved. Now, both sides are pushing for summary judgment, and the Facebook parent is looking to explore the impact of the Supreme Court’s Cox v. Sony decision. We briefly touched on the marathon legal battle’s status last week, when exploring […]
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Metallica will play two concerts at Mohegan Sun Arena to celebrate the venue’s 25th anniversary, following the band’s Sphere residency. Metallica has added two concerts at Mohegan Sun Arena to the band’s upcoming tour dates, following their sold-out residency at Sphere in Las Vegas. The shows, scheduled for November 19 and 21, will serve as […]