Add Yahoo as a preferred source to see more of our stories on Google. The Universal Music Group announced a massive restructuring of its record label operations on Thursday (Feb. 1), reorganizing its ...

Universal Music Group has announced a major restructuring, splitting Island Def Jam into three stand-alone labels as Barry Weiss resigns as chairman and CEO of the label’s East Coast group. A Tuesday ...

Universal Music's CEO Lucian Grainge issued a letter to UMG employees on Thursday (Feb. 1) to announce the restructuring of its label operating model, as reported by Variety. Grainge writes in the ...

UPDATE (4/1): Universal Music Group, the world’s largest record label, officially confirmed its new “goodwill program” to wipe the unrecouped advances of some legacy artists and songwriters. The ...

For a while, the PIAS Group, has provided distribution and services to tons of iconic indie labels. (PIAS itself came out of Play It Again Sam Records, an indie that started in Belgium in 1983.) Now, ...

Vivendi Universal’s Universal Music Group is forming a label, Suretone Records, with Geffen Records head Jordan Schur. Suretone will be a joint venture between Schur, who will move from the Geffen ...