Add the world’s biggest record label to the list of companies standing up to Amazon.com Inc.
Amazon.com Inc. introduced advertising-free music streaming with more than a million songs, ramping up competition against Apple Inc., Spotify Ltd. and Pandora Media Inc.
Doug Morris , chairman of Universal Music Group, is seeking an early end to his contract from parent Vivendi SA in order to join Sony Music Entertainment, three people with knowledge of the situation said.
Sony Corp. is negotiating to acquire Big Machine Label Group, home to country music acts including Taylor Swift and Rascal Flatts, according to two people with knowledge of the talks.
Apple Inc. signed an agreement with Sony Music Entertainment, the final record-company holdout needed for the iPhone maker’s planned online radio service, said people with knowledge of the situation.
Pandora Media Inc., the biggest Internet radio service, was sued by major record labels for failing to pay for using music recorded before 1972.
Sony's Clive Davis Says Music `Lifetime Passion'