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Hollywood Layoffs: Netflix, Skydance and UMG Cut Jobs
Hollywood faces widespread layoffs as Netflix, Universal Music Group and Skydance announce job cuts amid major industry changes.
Universal Music Group cuts several executives during its restructure
Executives at Def Jam, Republic Records and Interscope are leaving Universal Music Group as it completes a plan to save €250 million (about $270 million) a year.
UNIVERSAL MUSIC GROUP APPOINTS LIBBY BUSH AS PRESIDENT, GLOBAL BRANDS AND COMMERCIAL PARTNERSHIPS
Entrepreneur and CAA Global Head of Entertainment Partnerships to drive growth for artists and brands and create new experiences for fans across digital...
Universal Music Group sues DistroKid for spreading "AI slop"
Universal Music is suing DistroKid, alleging the distribution service spreads AI-generated and copyright-infringing tracks that divert royalties from human artists.
Stability AI latest funding backed by entertainment industry biggest names
We've closed our Series B, bringing total funding to $232M under new leadership. This round welcomes entertainment titans Electronic Arts, Sony Music Group, Universal Music Group, Warner Music Group, and more.
Excel Entertainment and Universal Music’s sub-label Excel Music is here
In January, the Universal Music Group announced that it had acquired a 30% stake in Excel Entertainment, the Indian production house behind such hit Bollywood movies and soundtracks as Dil […]
UMG, The World’s Biggest Music Company, Is Investing In A Mental Health Ecosystem. Here’s How It Works
Universal Music Group's circle of shared care, access and economic responsibility that streamlines the process to obtaining mental health support from trained Amber Health clinicians is a blueprint for companies large and small.
The Sound of Now Is Emotional—and That’s the Point
Join Cosmopolitan inside music’s biggest weekend with Universal Music Group.
Universal Music Takes 30% Stake in India’s Excel Entertainment at $257M Valuation
Universal Music Group has taken a 30% stake in Indian film and digital content studio Excel Entertainment at a $257 million valuation.
Universal Music Acquires 30 Percent Stake in India’s Excel Entertainment
As part of the deal, which values Excel at $290 million, Universal Music Group will receive global rights to all future original soundtracks attached to projects produced by the fast-growing Indian company.