Global music and streaming revenues grew 10% in 2023, but amid mass layoffs and restructuring, executives warn of a ...
By Elias Leight editor In January 1999, Universal Music Group laid off hundreds of employees during a wave of consolidation with PolyGram. “The biggest staff ... 25 years later, UMG is expected ...
The tough news continues for the music industry as Warner Music announced that it will lay off 10% of its staff, or 600 people ... the ensuing widespread adaptation of streaming as the new global ...
A competing bid from a group including CEO Denis Ladegaillerie violates rules around tender offers, the board says.
Warner Music India is set to strengthen its position in the central Indian music market after making a strategic investment ...