The music business is kind of bored. Outside of the churn of big-money catalog acquisitions and enthusiasts wibbling on about the potential of Clubhouse and NFTs, the industry (like many of us?) is in an oddly inert place right now. A big part of that is, obviously, the omission of …
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Universal Music Group (UMG), the world’s largest music company, and Big Hit Entertainment, the Korean record label behind international superstars BTS, are partnering in a new label joint venture to develop a new boy group, the two companies announced in a pretaped livestream on Wednesday. The new venture, based in …
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Universal Music Group CEO Lucian Grainge told employees to be transparent with any artist asking about whether their recordings were destroyed in a 2008 fire at Universal Studios, the Los Angeles Times reports. In an internal memo circulated to employees (and obtained by the LA Times), Grainge said, “Let me …
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