The Coca-Cola Company has deepened its long-running involvement in the music business, launching a new record label in ...

The talks with AI startups concern how the labels—and their artists—would get paid for music’s use in generative AI models.

Key Takeaways Warner Music Group, Universal Music Group, and Sony Music Group are reportedly in talks with artificial ...

The details of a new Bloomberg report into major labels trying to reach an agreement with controversial AI companies has ...

Sony Music, Warner Music, and Universal Music Group reportedly have begun talks with AI startups that allow users to compose ...

Universal Music Group’s stock plunged 24% on Thursday, erasing more than $16 billion in market value after it revealed its revenue growth from subscription and streaming services fell below ...

Major music companies are in talks to license their work to artificial intelligence startups Udio and Suno, deals that would ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Apple and Universal Music Group today jointly introduced a new "Sound Therapy" collection of wellness playlists, consisting of popular ...

In June 2024, Universal Music Group chairman/CEO Lucian Grainge announced the creation of the UMG Global Impact Team to “enact and amplify the company’s vision for positive change through ...

Universal Music Group Sweden posted a now-deleted clip of Jacob Criborn, part of the DJ team Nause, talking about the inspiration behind his "Canelloni Macaroni" remix featuring singer Lasse Holm.