Spotify, Warner Music Group Reach Multiyear, Global Licensing Deal

Idol franchise, and TikTok announced on Friday (Aug. 7) that they will be partnering up in order to find music's next supergroup.The first-of-its-kind global music collective will be found through an in-app audition process on the popular video-sharing platform.

Rishi Sunak has ruled out any extra Treasury support for lockdown in Aberdeen or other areas in Scotland that might go into local lockdown because of coronavirus clusters. At the beginning of a visit to Scotland, the Chancellor said the Rishi’s dishes scheme will not be extended in Aberdeen where restaurants are closed during for part of the month of August the discount offer covers.

Variety Staff Follow Us on TwitterWarner Music Group’s third-quarter earnings were revealed today (Aug. 4).

Eric Levin called the quarter’s results "slightly better than our expectations."Due mainly to non-cash stock-based compensation related to its IPO on June 3, Warner posted a $519 million net loss last quarter compared to net income of $14 million a year earlier.

Variety Staff Follow Us on TwitterWarner Music Group (WMG) has named Dr. Maurice Stinnett head of global equity, diversity and inclusion.

Elsa Keslassy International CorrespondentUniversal Music Group and Canal Plus Group’s international operations helped Vivendi stay afloat during the first half of 2020 which saw the outbreak of the coronavirus pandemic.The European media giant posted a 3% year-on-year increase in revenues to €7.5 billion ($8.87 billion) during the first half of 2020, which ended on June 30.

Jem Aswad Senior Music EditorThe three major music companies — Sony, Universal and Warner Music — have asked employees to work from home as much as possible for the rest of 2020 due to concerns over COVID-19.While the offices will be open for employees who must be there for business reasons, according to internal memos obtained by Rolling Stone (which first reported the news) and Variety, the companies, which are the largest recorded-music and music-publishing businesses in the world, have

’m Dreaming and its followup Don’t Sleep, which dropped earlier this month via Last Gang Records (ROW) and Dew Process (ANZ).Ivy is “the full package of songwriter, producer and artist, and we, at Concord, are thrilled to work with her,” comments Kim Frankiewicz, executive VP of Worldwide A&R at Concord Music Publishing.

Chris Willman Music WriterThis year’s Emmy nominees in the seven music categories include such familiar scoring names as Ludwig Göransson, Pinar Toprak, Nicholas Britell, Mark Isham and Trent Reznor & Atticus Ross as well as figures from the pop world like Pharrell Williams, Dawes’ Taylor Goldsmith, Ingrid Michaelson, Sheila E and the RZA.Labrinth joined Reznor and Ross in being nominated in both song and score categories.

Kanye West to postpone his presidential campaign until 2024.“I’ve done my best to convince him that 2024 would be better than 2020,” Musk said in an interview with The New York Times published on Saturday (July 25).Following West’s breakdown at a South Carolina campaign event and his ensuing Twitter “rampage”, Musk said that he reached out to the rapper.“When he was about a third of the way through the tweet rampage, just to see if he was doing OK, I sent him a text saying, you know, ‘just

Elon Musk has some advice regarding Kanye West's 2020 presidential bid: Wait four more years.

Spotify and Universal Music Group have finalized a new and expanded multi-year global licensing agreement. As part of the arrangement, announced Wednesday, the label group deepens its role as an early adopter of Spotify's marketing tools and other tech features that both parties hope will foster more impactful connections between fans and artists in innovative ways.

Spotify and Universal Music Group have finalized a new and expanded multi-year global licensing agreement.

Todd Spangler NY Digital EditorSpotify and Universal Music Group, one of the industry’s three biggest music companies, announced a multiyear global music licensing pact.Under the deal, UMG will “deepen its leading role as an early adopter of future products” on Spotify’s platform and “provide valuable feedback to Spotify’s development team,” the companies said.

Variety Staff Follow Us on TwitterThe Warner Music Group / Blavatnik Family Foundation Social Justice Fund has announced the external members of its Board of Directors. According to the announcement, the five leaders will help ensure the Fund’s governance will include independent oversight and accountability.

Dade Hayes Finance EditorSpotify is rolling out video podcasts, with a feature that allows listeners to switch to audio-only mode when on the go, following a successful test of the service.Both free and subscription tiers of service will offer video. The company’s watershed, $100 million deal with Joe Rogan reached this spring will make his podcast exclusive to Spotify later this year.

Warner Music Group (WMG) and the Blavatnik Family Foundation have announced the external board of directors for their joint Social Justice Fund, including executives from a wide range of backgrounds and disciplines. The $100 million fund was announced in June following "#TheShowMustBePaused," an industry-wide campaign to sho