Universal Music Group boss took home £230 million last year: is that really fair?

Last year, Walled Culture reported on the highly-successful Universal Music Group (UMG) IPO on Amsterdam’s Euronext exchange, which valued the company at €45 billion (over $50 billion). The…

TikTok gets into the music marketing and distribution business

Last month we wrote about an increasingly important trend of digital platforms becoming more involved in digital production. Here’s another striking example: TikTok, best known for its short-form…

Billions of dollars pour into music copyright “assets”: how much will the creators ever see?

A few weeks ago, this blog reported on the spectacular 45 billion euro valuation of Universal Music Group (UMG) when it went public on Amsterdam’s Euronext exchange. It…

Until the recording industry’s monopoly power is broken, musicians may need to go independent

We’ve just written about the terrible deal that most musicians get from the increasingly-popular streaming of their music. A post on Boing Boing explores another aspect of the…

We don’t have walled culture because of piracy, but because of corporate profiteering

Last week, Universal Music Group (UMG) went public on Amsterdam’s Euronext exchange, and ended up with a valuation of 45 billion euros (over $50 billion). An article on…