Articles

  • 3 days ago | musicweek.com | Andre Paine

    Island EMI president Louis Bloom has spoken about the plans to build on the label’s run of global success and his vision of long-term artist development. It follows the victory at the Music Week Awards, where the Universal Music UK label group won both the A&R category and Record Company – the first time the double has been achieved in five years. It also marks back-to-back wins in the A&R category. Celebrating the wins on the night, Bloom hailed Island EMI as an "unstoppable force".

  • 3 days ago | musicweek.com | Andre Paine

    Warner Music Group has released its financial results for the period ended March 31, 2025. On a constant currency basis, revenue was up 1.2% year-on-year in the first quarter (the major’s fiscal Q2) to $1.494 billion. Recorded Music streaming revenue was up 1.6%, as was music publishing streaming revenue. The slight decrease in reported total revenue (not at constant currency) was driven by lower Recorded Music artist services and expanded-rights revenue.

  • 3 days ago | musicweek.com | Andre Paine

    Universal Music Group has appointed Matt Ellis as chief financial officer, effective June 9.   Based in Santa Monica, he will be responsible for leading UMG’s global financial operations and will report to chairman & CEO Sir Lucian Grainge.   Most recently, Ellis served as executive vice president and CFO at Verizon Communications, where he led all finance activities.

  • 3 days ago | musicweek.com | Andre Paine

    Downtown’s Royalties & Financial Services division has unveiled a new payments feature from Curve Royalty Systems. The new feature gives labels, publishers and distributors the ability to manage and streamline their entire royalty payment process, including receiving funds, converting currencies, issuing payments, handling tax withholdings, collecting payee details, and more.

  • 3 days ago | musicweek.com | Andre Paine

    Adam Bulleid, a brand partnerships agent, has been promoted to partner at WME. Bulleid works across the agency’s music and talent rosters to identify partnership opportunities for clients such as Dave, Raye, Stormzy, Little Simz, Sam Fender, Lewis Capaldi, Labrinth, Ashnikko, PinkPantheress, and more. Bulleid is also working across creative clients KidSuper, Rhude, Actually Creative and Amina Muaddi.

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