The follow-on from this week’s news of a deal between Universal Music Group and AI-music startup Udio continues. The post is from Music Ally.| Music Ally
AI-music firm Udio’s deal with UMG included the announcement that with immediate effect users would be unable to download the tracks they’ve made on its existing service. What do those users think of that? There are certainly plenty of cross people on the official Udio subreddit. “Paying Udio Pro user here. I’ve spent 10+ hours every […] The post is from Music Ally.| Music Ally
Having unveiled its deal with AI-music firm Udio overnight, yesterday saw Universal Music Group reveal a second deal – with Stability AI – while also publishing its financial results and dropping some news about its evolving relationship with YouTube. The results saw UMG post Q3 revenues of €3.02bn ($3.49bn at current exchange rates). That was up 5.3% […] The post is from Music Ally.| Music Ally
Inside an unprecedented settlement -- why Universal is ending its lawsuit against AI-music platform Udio and partnering with it| Rolling Stone
Streaming audio : plainte contre Believe pour violation du droit d’auteur| La revue européenne des médias et du numérique
Spotify, Universal Music Group, HYBE and more have reported earnings for Q1 2025. Here's every music company's report for the period in one place.| Billboard
UMG and other music company stocks are down in 2024, but why? They're running into Wall Street's high expectations and fallen short on some metrics.| Billboard
Universal Music's stock dropped 24% after its earnings report release on Wednesday, which showed a slowdown in streaming subscription growth.| Billboard