UMG

UMG is the launch partner for Vera, an A.I.-powered “music intervention” tool that’s designed to help those battling dementia.

Universal Music Group confirmed its artist-friendly initiative in its 2021 annual report, published Thursday (March 31).

The deal will allow Lomotif users to incorporate tracks from Universal's music catalogue into their own videos.

Snapchat users will now be able to access every song from UMG's music catalogue in the app.

The deal comes ahead of Universal Music Group's plans for an IPO this September.

On average, the music giant was earning $1.29 million an hour throughout the quarter.

TikTok, for so long an outlier with the music industry, is now fully signed up with the world’s biggest music company, Universal Music Group.

TikTok creators will now have access to Universal's recording and publishing catalogues.

Universal pulled its catalogue off the video platform, citing "withheld payments owed to our artists".

Here's what the Kanye West recording contract documents reveal, without all the confusing lawyer language.