Universal reportedly outlaws streaming ‘exclusives’ after Frank Ocean release

According to Bob Lefsetz, author of an influential music industry newsletter,[CEO Lucian Grainge,Universal Music Group] sent out a company-wide email on Monday. UMG, which boasted seven of 2015’s 10 best-selling albums and 38.5% of the year’s recorded-music sales, will be the first major label to ban the practice, which many feel has begun to diminish rather than enhance the way music is distributed and consumed. – Edward Helmore, The Guardian http://ift.tt/2bxtCze