Pandora on smart speakers: "From head-scratcher to head-turner"

Streaming service Pandora explained its views on the growing importance of smart speakers like Amazon’s Echo, including some figures on how Pandora…

SoundCloud secured new investments

SoundCloud has secured new investment from merchant bank The Raine Group and investment firm Temasek, with former Vimeo boss Kerry Trainor taking…

Because acquires former London Records' catalogue

The Because Group has just acquired Warner Music 90, which encompasses the majority of the catalogue formerly known as London Records, from Warner…

Live Nation shares solid second-quarter earnings

The world’s largest live-entertainment company, Live Nation, released its Q2 2017 financial report on August 9. The document showed revenue…

Ex-Kobalt president Richard Sanders appointed new CEO of TIDAL

Former Kobalt Music Group President Richard Sanders is now CEO of streaming service TIDAL. He left Kobalt earlier this summer after more than five…

Apple getting closer to an acquisition of the film and music library of Eros Group

Apple is reportedly getting closer to a $1bn acquisition of the film and music library of Eros Group - the largest movie producer in India, counting…

Paul Rosenberg is the new CEO of Def Jam

Universal Music Group announced that Paul Rosenberg, the artist manager and record executive, has been named CEO of Def Jam Recordings, effective…

Is SESAC’s US radio deal a "historic benchmark" for new era of broadcast royalties?

SESAC announced that a decision had been made regarding the royalty rate paid to its members by commercial radio stations in the US: it's the end of…

Kanye West files $10 million lawsuit against insurers of canceled tour

Last November, rapper Kanye West canceled the remainder of his Saint Pablo Tour. He was also involuntarily hospitalized for “temporary psychosis due…

Spotify surpasses 60m subscribers

Streaming giant Spotify confirmed that it has surpassed 60m paying subscribers worldwide – and the growth rate faster than ever. In the first seven…

Soundcloud close to sell stakes to private equity

Free streaming platform SoundCloud Ltd. is, reportedly, close to a deal to sell stakes in the company to a pair of private equity firms: "Bloomberg…

YouTube Red and Google Play Music to merge says Lyor Cohen

Why does Google need to have two music-subscription services? It’s a question that’s been discussed by a fair few music-industry people in recent…

Spotify, Hilton and Live Nation launch ‘Music Happens Here’

Spotify’s latest video series is also a sponsored one: Music Happens Here is produced “in partnership with Live Nation and presented by Hilton”. Its…

Facebook acquires copyright-protection startup Source3

Facebook is stepping up its efforts to tackle the issue of copyrighted videos being uploaded to the social network without permission from their…

Warner Bros President Dan McCarroll quits

"Music Business Worldwide" reports that Dan McCarroll, President of Warner Bros Records in California, is leaving the label. McCarroll joined Warner…

SoundLab Play Rave by Heart n Soul and music-tech companies

This summer, Heart n Soul, the award-winning creative arts charity for people with learning disabilities, marks 30 years of innovation, creativity…

Ed Sheeran cancels 10k tickets on secondary websites

As one of the hottest tickets on the current touring scene, Ed Sheeran is understandably also one of the most sought-after artists on secondary…

Songwriter and publishing issues rear up again for Spotify

Did you think that Spotify’s recent settlement of a class-action songwriters lawsuit over mechanical royalties and licensing would be an end to the…

Ok, just joking... Believe: we’re not selling to Sony (but we are raising money)

Music distribution and services company Believe has strongly refuted a report from Friday (July 14), which said the Paris-based firm was set to sell…

Warner Music buys Songkick concert-discovery assets

Gig-discovery startup Songkick merged with artist-ticketing firm CrowdSurge in 2015, raising $16m from investors including Access Industries in the…