Universal Music Group
Analysts At Goldman Sachs Predict A Big Rebound For The Music Business
music revenue will double by 2030
Universal Made A Ton 1st Qtr Via Streaming
Revenue from music streaming which jumped 60% last quarter over the previous year.
Spotify’s End Game
The question is the same as to why Taylor Swift left Spotify, the advertising generated free plan. ITune’ “IPlay” won’t have it because they don’t need it, they have 800 Million clients with credit cards already. Spotify won’t give it up because they will lose their subscriber base
Sony/BMG Has Already Left, Now Universal to Leave ASCAP For Digital Revenues
ASCAP have to license their music to Pandora, etc, and Pandora can play the music before the deal is cut, this leaves ASCAP at a serious disadvantage and now SONY/BMG and UMG want to see if, released from the ASCAP obligation they can cut a better deal.