Lucian Grainge, Universal Music Group CEO has issued his first public response to Drake’s 'Not Like Us' lawsuit: 'groundless ...

In a declaration letter, UMG's CEO was particularly blunt in describing Drake's legal moves as "groundless and indeed ...

Lucian Grainge, CEO of Universal Music Group, slammed Drake’s allegation that he was personally behind the release and ...

Indie stalwart Mom+Pop Music has partnered with Virgin Music Group distribution in a move to "support the continued growth" ...

Virgin Music Group, which operates under Universal Music Group (UMG), has signed an international distribution deal with Mom ...

Canadian rapper is suing label he shares with Kendrick Lamar for defamation over its release of rival’s hit diss track ...

The music group’s revenue rose 9.6% year-over-year in constant currency, bringing in 2.93 billion euros. This came in above analysts’ estimates of 2.89 billion euros, according to Visible Alpha.

Amid the rancor, music by Universal Music Group artists including Taylor Swift, Billie Eilish, Olivia Rodrigo and Ice Spice vanished from TikTok. Songs placed on existing videos were muted.

Universal Music Group said it failed to reach new licensing terms with TikTok -- and that as such, it will no longer license content to the app.

Universal Music Group, the world's largest music company, has threatened to remove all of the music it owns from TikTok, unless the streaming platform agrees to more favorable terms.

Universal Music Group ended its licensing agreement with TikTok, which means many popular and emerging artists who use the social platform won't be able to post music there.

With Universal Music Group on the brink of launching one of the biggest initial public offerings to date, it’s worth noting how much the music industry has changed — and hasn’t — since ...