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Lucian Grainge, chairman of Universal Music, the world's biggest label, said: "We want to accelerate paid subscriptions and raise income and compensation for everyone.
Interscope Geffen A&M, the biggest label group of the Universal Music Group, said on Friday that the unit's co-chairman, Ted Field, had resigned.
It has a knack for riffing on unwearable trends by making them minimal, and its "unisex" tracksuits (it is a menswear label but women are buying it) are as hot as you'd expect from what will be this year's biggest label.
We were the biggest label, but run from the street, not on paper, or with a business plan.
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The biggest labels have become adept at squeezing cash out of their pop stars' names, rather than their music.
Motown was one of the biggest labels worldwide, I was excited.
But Wonder also sold millions of records and had the support of a big label.
It also saw them make the leap to a bigger label: Beggars Banquet, and subsequently 4AD.
It's hard to do, even with a big label machine behind you.
With new management, a bigger label and famous friends, Santigold could be poised to be more than a niche act.
Saddle Creek releases six albums a year and has repeatedly turned down offers to be acquired by a big label.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com