It’s an exciting time for the owners of Universal Music Group. Paris-based Vivendi, parent to the world’s biggest recorded music company, updated its shareholders this month with the news that a $3 billion–plus deal with China’s Tencent — the latter company is set to acquire 10%–20% in UMG – should …
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On Wednesday, Spotify reported its second-quarter earnings with both happy and unhappy news alike: The Swedish music-streaming giant now has around 232 million people around the world using its service each month, marking a 29 percent increase in audience from last year — but the number of paying subscribers within …
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The vinyl revival of the last few years is still going strong, but the crazy pace is finally showing signs of slowing down. Vinyl album sales were up around 12 percent from 2017 to 2018, according to year-end figures from data company BuzzAngle, which tracks U.S. music consumption, representing a …
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