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UPDATE: Billboard reports that Reid’s departure followed allegations against the exec of repeated harassment, made by a female employee. ORIGINAL STORY: Speculation continues to rage over the sudden…

Universal Music Group posted revenues of 1.3 billion (A$1.91 billion) in Q1 2017, marking a 12.7% rise, up from 1.119 billion ($1.64 billion) year-on-year. It was its best performing quarter in 15…

Australian musicians now have access to a game-changing new insurance policy through Aon. Developed over a number of years in collaboration with Australian music industry body APRA AMCOS, the Music…

The first of the speaker lineup for BIGSOUND 2017 was announced this morning, with a stack of industry names from overseas and locally. In a coup for the conference, there will be keynotes from icons…

Pandora is looking at the possibility of acquiring a new owner after securing fresh investment of US$150 million from private equity giant KKR. Its chairman of the board, Jim Feuille, has stepped…

Streaming continues to boost Warner Music Group (WMG) revenues, according to figures released overnight by the major for its latest quarter ending March 31. In this Q2 period, streaming revenues grew…

Image: George Telek (via QAGOMA) The Northern Territory’s unique, Indigenous culture-focused festival Walking With Spirits will return to Beswick Falls in July, headlined by George Telek and David…

Live Nation Entertainment shares rose from $32.80 to $34.55 on the New York Stock Exchange at closing on Friday after hitting a high of $35.13 after it posted better than expected revenue for the…

Image via Jungle Love Festival on Facebook Three regional music festivals are among 13 events that are sharing in more than $245,000 in Tourism and Events Queensland (TEQ) funding to support leading…

Amidst the hostility shown by the music industry to YouTube for its low royalty rates, Warner Music Group (WMG) has extended its recording and publishing deal with the video platform. In a note to…