The U.S. may be the biggest recorded music market on the planet — it generates 37 percent of the globe’s trade revenues, according to 2020 data from the International Federation of the Phonographic Industry — but its music business is curiously un-American. Whether due to historical precedent or recent deals, …
Read More »J Balvin Joins Katy Perry and Post Malone on Pokémon Compilation Album
J Balvin has new music coming out soon, and so does The Pokémon Company. At the end of the Pokémon Day 25th anniversary virtual concert Saturday (February 27th), headlined by Post Malone, a somewhat ambiguous end card appeared on screen with Balvin and Katy Perry‘s names. Rolling Stone has learned …
Read More »Universal Music and Triller Are Duking It Out Over a Failed Deal
When Donald Trump revealed his desire to ban TikTok in August of last year, his words sent the app’s creators and influencers into a frenzy, and many began to eye Triller, a similar app designed for sharing short-form video clips. At the time, Triller claimed it had 250 million global …
Read More »UMG Establishes $25 Million 'Change Fund,' Task Force for Meaningful Change
Universal Music Group has announced the formation of a Task Force for Meaningful Change (TFMC) and a dedicated $25 million “Change Fund.” In a letter to colleagues obtained by Rolling Stone, TFMC co-chairs Jeff Harleston, Executive VP, General Counsel, UMG and Interim Chairman and CEO Def Jam; and Ethiopia Habtemariam, …
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