K-pop label Big Hit Entertainment is teaming up with US giant Universal Music Group (UMG) to find the next K-Pop boy band. The new group will be released under a joint-venture label created by UMG ...
In a long-rumored move, Virgin Music Group, the independent music division of Universal Music, will acquire Downtown Music Holdings for $775 million ...
In a joint release, the organizations argue the deal would "reduce competition and the independents' bargaining power" if allowed to go through. By Chris Eggertsen Several more players in the ...