Layoffs Begin Hitting Universal Music Group

NBCUniversal Media Group has promoted veteran executive David Pietrycha to the newly created position of Chief Business Officer, reporting into the group’s chairman, Mark Lazarus. 

Jem Aswad Executive Editor, Music Despite and also because of its puzzling inside-joke name, Trouser Press was one of the greatest music magazines in history. It existed for just a decade — from 1974 through 1984 — but in the process, it nurtured the careers of thousands of musicians and exponentially more fans, future musicians, writers, music executives and others.

Peter Debruge Chief Film Critic Music has an almost magical way of transporting us back to the moment in our lives when we heard it: the pop song that underscored your first kiss, the one that played at your graduation and so on. In mopey, dopey YA weepie “The Greatest Hits,” writer-director Ned Benson takes that idea as literally as possible, treating specific tunes as triggers that launch Harriet (Lucy Boynton) back into her past, blowing her away — like that seated guy in the classic Maxell campaign — into the tragic former relationship with hunky Max (square-jawed future Superman, David Corenswet), who died in a car crash.

In January, Universal Orlando shared the first official “look” inside its highly anticipated new theme park, Universal Epic Universe, a development that the company expects to be a game changer.

Jem Aswad Executive Editor, Music For their headlining set opening the Rolling Loud California festival in Los Angeles on Thursday night, Kanye West and Ty Dolla $ign merely stood onstage for an hour while pre-recorded music from their already released first album played over the loudspeakers. While the wording in the official announcement of the late-added performance was unspecific — “Vultures headlining new Thursday night,” the since-deleted post read — it’s safe to say that most people expected the duo, who have been working together under the name Vultures, to at least deliver vocals.

Jem Aswad Executive Editor, Music The standoff between Universal Music Groupand TikTok over royalty payments and AI policies has resulted in a near-complete blackout of all music owned, distributed and published by the company on the platform — the videos are still there, but the music is muted. Yet new songs by UMG artists, including Ariana Grande, Camila Cabello and Niall Horan could be found on TikTok at the time of this article’s publication. How and why is that happening? While reps for UMG and TikTok declined comment, and an explanation of the platform’s logistics and process quickly devolves into a mind-melting blizzard of jargon and abbreviations, here’s a vast oversimplification of a couple of possibilities.

Jem Aswad Executive Editor, Music As the vast reorganization of Universal Music Group’s labels continues, as expected, the company’s East Coast operations are uniting under the Republic Corps umbrella. The move reflects the company’s reorganization of its labels under the domains of Republic’s Monte Lipman (East Coast) and Interscope’s John Janick (West Coast).

Jem Aswad Executive Editor, Music As the standoff between Universal Music Group and TikTok over royalties, AI and other matters continues to boil amid angry words from both sides — and the National Music Publishers Assn. stating last weekthat it does not plan to renew its license with the platform — the official trade group for independent publishers has weighed in with its own advice.

Roxy Music‘s frontman Bryan Ferry has sold 50 per cent of his music catalogue in a deal with Iconic Artist Group.The deal includes a range of assets from Ferry’s music career including his solo work as well as the work from his time with Roxy Music. Iconic Artists Group also acquired half of the singer’s sound recording, publishing, and name, image and likeness rights.

Jonathan Taplin Jonathan Taplin is the Director Emeritus of the Annenberg Innovation Lab at the University of Southern California and the author of “The End of Reality: How Four Billionaires are Selling a Fantasy Future of the Metaverse, Mars and Crypto.” He was tour manager for Bob Dylan and The Band in 1969. He has written this op-ed at the request of Universal Music Group. On Monday, these pages featured a defense of TikTok that could easily have been ripped from the headlines of the 2000’s.

Jem Aswad Executive Editor, Music The standoff between Universal Music Group and TikTok took another turn on Wednesday when the trade group National Music Publishers Association sent a letter to its members saying that it does not expect to renew its license with the China-based platform when it expires at the end of next month. “Recently, the press has highlighted concerns around TikTok’s licensing practices, concerns that NMPA has heard directly from many of our members,” the letter reads in part.

Jem Aswad Executive Editor, Music Veteran singer and Roxy Music frontman Bryan Ferry has entered into a partnership with Irving Azoff’s Iconic Artists Group “to develop and expand the renowned artist’s musical legacy to new generations of fans,” according to the announcement. The deal sees the company acquiring 50% of Ferry’s sound recording, publishing, and name, image and likeness rights from his solo work and Roxy Music catalog, which reaches back to the group’s galvanizing 1972 debut album and includes such hit songs as “Love Is the Drug,” “More Than This,” “Avalon,” “Virginia Plain,” “Dance Away,” “Slave to Love” and more.

Ari Herstand By now, it’s widely known that Universal Music Group has removed most or all of its catalog from TikTok, as well as apparently every song that includes at least one songwriter affiliated Universal Music Publishing Group. It’s a battle that pits the world’s largest music company against the most influential and powerful platform for promoting music — which for the past five years has been TikTok.

UPDATE: As expected, layoffs commenced today at Universal Music Group, which includes Interscope, Republic, Capitol, Def Jam and Island, as well as catalog division Universal Music Enterprises and UMG corporate. 

David Israelite Guest Columnist David Israelite is the president & CEO of the National Music Publishers’ Association, the trade association representing American music publishers and their songwriting partners. Variety welcomes responsible commentary, please send ideas to [email protected]. Songwriters have always struggled to be treated fairly.

New York Dolls’ David Johansen, John Lyon and more.The lawsuit was in an effort to regain control of the artists’ masters, and has finally come to a settlement after years of closely-watched class-action litigation against major record labels over copyright law’s termination right.Announced in court papers last week, the agreement between the music label and the musicians will resolve a case which saw artists accuse Sony of unfairly rejecting their efforts to invoke termination – a federal law that’s supposed to let authors take back control of their works decades after they sold them away.Per Reuters, Johansen, Lyon and Paul Collins sued Sony Music back in 2019, accusing the label of barring their termination notices for their music and proceeding to sell it without permission. The case had ben on pause for settlement since 2021.The musicians based their claims off of a part of the Copyrights Act.

TikTok has confirmed that it has begun to remove Universal Music Publishing Group (UMPG) songs from its platform.The app has already removed tracks by artists who are signed to the label and will be doing the same with songwriters. The removal of the UMPG tracks comes three days before the UMPG catalogue becomes unlicensed for use on the social media platform.Per Music Business Worldwide, “Any recording of a song currently available on TikTok that has been co-written by a songwriter signed to Universal Music Publishing will also need to come down in the event of UMPG’s license expiring.According to BBC, TikTok has shared that up to 30 per cent of the platform’s “popular songs” could be lost, with some industry estimates revealing that up to 80 per cent of all music on TikTok could be muted.A short list of UMG artists whose music is expected to vanish from the platform is Taylor Swift, Bad Bunny, The Weeknd, Drake, Billie Eilish, Justin Bieber, Adele, Coldplay, J Balvin, Post Malone and Sophie Ellis-Bextor – whose 2001 track ‘Murder On The Dancefloor’ has gone particularly viral through TikTok following the release of Saltburn.Last month, UMG published an open letter announcing its intention to withdraw music from artists signed to the publisher and label from TikTok.In its statement, UMG announced that its licensing agreement with TikTok expired on January 31 and that negotiations to renew the contract have fallen short.

Jem Aswad Executive Editor, Music The bruising battle over royalties between Universal Music Group and TikTok entered a new and more severe stage in the early hours of Tuesday as songs published by UMG began to be removed from the platform. The standoff, which began earlier this month, initially saw recordings owned by UMG removed from the platform, but now is extending to a much larger number of songs by including those published by the company.

A record producer who used to work with Sean “Diddy” Combs is the latest individual to sue the music mogul.

Jem Aswad Executive Editor, Music As expected, Atlantic Music Group announced on Monday that it will be laying off around two dozen people, with the majority coming from the radio and video departments. In an internal memo to the company’s staff obtained by Variety, chairman-CEO Julie Greenwald said Atlantic will be “bringing on new and additional skill sets in social media, content creation, community building and audience insights” in an effort to “dial up our fan focus and help artists tell their stories in ways that resonate.” The move reflects similar ones at the major labels recently, as they recalibrate to meet the leveling-off of streaming growth.