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R. Kelly’s Universal Music royalties must go to sex abuse victims, judge rules

A New York judge has ruled that more than $500,000 of R. Kelly’s music royalties held by Universal Music Group must be turned over to his sexual abuse victims. U.S. District Judge Ann Donnelly on Wednesday signed an order ordering the disgraced R&B singer’s music publisher, UMG, to surrender $520,549 to cover outstanding compensation and […]

Universal Music Group CEO calls for new streaming model

Universal Music Group, the world’s largest record label, announced quarterly revenue from music streaming exceeded €1 billion ($1.06 billion) for the first time in the fourth quarter. Lucian Grainge, chairman and CEO of Universal Music, praised the continued growth of streaming and the technology’s ability to connect artists and fans during the company’s fourth quarter […]