Press Release

China’s Tencent Music reports passive stake in Warner Music

FILE PHOTO: Tencent Music Entertainment celebrates the company’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith/File Photo (Reuters) – China’s Tencent Music Entertainment Group (TME.N) on Friday reported a 5.2% passive stake in Warner Music Group Corp WMG.O, about a week after the world’s third-largest…

Read More

Press Release

Warner Music strikes a chord in $1.9 billion U.S. IPO

(Reuters) – Warner Music Group Corp WMG.O said on Wednesday it raised $1.93 billion in the biggest U.S. initial public offering (IPO) so far in 2020, with the world’s third-largest recording label selling more shares than originally planned. The headquarters of Warner Music Group is pictured in Burbank, California August 5, 2008. REUTERS/Fred Prouser The…

Read More

Press Release

Musicians in lockdown rage against industry machine

LONDON (Reuters) – Lockdown bans on live performances have left many British musicians on the breadline, fuelling a campaign for them to get a bigger share of the profits from streaming their songs online. Musician Theo Bard sings as he performs an online gig from his kitchen, as the lockdown caused by the coronavirus disease…

Read More

Press Release

Death threats prompt music executive to appeal for peace in feud with Taylor Swift

(Reuters) – Music executive Scooter Braun on Friday said his family had received “numerous death threats” over a feud with singer Taylor Swift, and appealed to her to make peace. FILE PHOTO: 2019 MTV Video Music Awards – Arrivals – Prudential Center, Newark, New Jersey, U.S., August 26, 2019 – Taylor Swift. REUTERS/Andrew Kelly/File Photo…

Read More

Press Release

Study reveals music’s universal patterns across societies worldwide

WASHINGTON (Reuters) – From love songs to dance tunes to lullabies, music made in disparate cultures worldwide displays certain universal patterns, according to a study by researchers who suggest a commonality in the way human minds create music. FILE PHOTO: Villagers play traditional musical instruments during an event celebrating National Paddy Day, also called Asar…

Read More