July 10 (Reuters) - Online music sharing service SoundCloud Ltd is close to a deal with Universal Music Group, Sony Music Entertainment, and Warner Music Group for licenses to continue playing their...
after publishers rejected proposed contracts. Universal Music is one of the big-3 labels (along with Sony and Warner Music ). Its artist list includes Eminem, Lady Gaga, Jay-Z, U2, and many other popular acts. Pandora ( P ) closed
Warner Music Group WMG released fiscal first-quarter results Thursday that were much weaker than expected. Sales fell 11% from the year-ago period
Digital music is helping Warner Music 's results.
service for $9.99 a month after striking licensing deals with Universal Music Group, Sony Music Entertainment, and Warner Music Group . On balance, we believe these moves further support our wide moat rating. Still, as these changes do not alter
Amazon AMZN. Google's music store is playing catch-up. Three of the major labels have signed on, although Warner Music Group is notably absent. Still, we expect Google's "launch early, launch often" mantra will extend into Google Music
* Warner Music , BMG set to get recorded music, publishing
* Shares up slightly in early trading (Adds background, shares, NEW YORK to dateline)