During UMG's Q4 earnings call on 3/2, Chairman/CEO Sir Lucian Grainge offered his stance on the hot catalog-acquisition market, noting, "We see almost everything," but the company chooses to pass on most of it as the majority of music-rights investment deals don't meet UMG's standards, according to Grainge.
Grainge also reiterated the need for a new streaming model, citing a partnership with Deezer.
THIS HITS PHOTO GALLERY IS WANDERING IN THE DESERT
Photographic proof of the weaselfest (4/15a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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