Universal Music Group (UMG) is seeing increased revenue from paid subscription platforms amid decreases from free, ad-supported streaming services, suggesting that consumers may increasingly be willing to pay a premium to skip the commercials. The music giant, whose artists include everyone from Taylor Swift to...
February 04, 2024
Last year, Taylor Swift accounted for 2% of the music industry’s entire sales. But as the megastar prepares to make history — in the running to become the first artist ever to win the Album of the Year Grammy four times — her success marks an exception in the music industry, not the rule, the Financial […]
