Sean Parker steps down from Spotify’s Board of Directors after seven years

Breaking news: Sean Parker has stepped down from Spotify’s Board of Directors after seven years. According to company documents filed in Luxembourg…

Apple is trying to reduce royalty rate it pays record labels

"Bloomberg" reported that Apple's long-term licensing deals with the labels for both Apple Music and iTunes are due to expire at the end of this…

Rumours: is Sony about to buy Believe Digital?

According to "Music Business Worldwide", distribution and label services specialist Believe (formerly known as Believe Digital) is up for sale and…

Spotify tests "sponsored songs" alongside playlists

Recently, a new option appeared in Spotify’s settings menu: a toggle to turn a feature called "sponsored song" on or off. Spotify has now given some…

Spotify's net loss grows... so do its active users

Streaming giant Spotify has published its financial results for 2016, and they reveal that the company’s net loss increased from €231.4m in 2015 to…

ASCAP says YouTube deal will boost its video payouts

When YouTube appointed Lyor Cohen as its head of music – and again recently when it poached SoundCloud content boss Stephen Bryan – there were…

Laura Pausini has renewed her worldwide deal with Warner Music Italy

Laura Pausini, the biggest female Italian pop music artist, has renewed her worldwide deal with Warner Music Italy. The artist commented: Warner…

YouTube hired a new label relations boss: SoundCloud’s Stephen Bryan

Google owned web coloss YouTube just confirmed that it has hired SoundCloud’s Chief Content Officer, Stephen Bryan; he's the company's new Head of…

Verizon tipped for $100m investment in Pandora

Ahead of Pandora’s self-imposed deadline to find a buyer before taking on more investment, another company has emerged as a potential partner –…

Arcade Fire pull catalogue from UMG/Merge

As already reported, Arcade Fire left Merge (owned by Universal Music Group) after 12 years. According to Music Business Worldwide, the Canadian…

Arcade Fire are now signed to Columbia

Canadian indie band Arcade Fire, according to "Variety", are now signed to Columbia and their next two albums will reportedly be released by&nbsp…

Spotify settles its class-action songwriter lawsuits

As Spotify prepares to go public, it has removed one of the key obstacles to that process: the combined class-action lawsuits filed by musicians…

Medimex Special Edition International Festival and Music Conference, 8-11 June 2017: the line-up

Iggy Pop, Slowdive, Solange, Tricky, Salmo, Jessy Lanza, Gilles Peterson, Jazzanova, Gemitaiz, MadMan & Priestess, Laioung, Nicola Conte…

Midem 2017 to Host 2 World-Class Competitions: Midemlab & Midem Artist Accelerator

Midem 2017 will take place on June 6-9 in Cannes, France. This year it will host two world-class competions: Midemlab and Midem Artist…

Spotify acquires 4th company in 3 months and seems willing to buy more

Reportedly, according to Music Business World, streaming coloss Spotify is investing heavily to stay ahead of the competition. The company, indeed…

Billboard Music Awards 2017: Drake wins big - WINNERS LIST

Rapper Drake was - unquestionalby - the king of the Billboard Misic Awards 2017, winning in 13 catefgories and beating Adele's record of 12. Check…

The Great Escape festival day 3

The Great Escape festival reached its day three - the final one. Rag'n'Bone Man will be taking to Brighton Dome Concert Hall alongside Ray BLK to…

The Great Escape: what to expect on day 2

After a super busy and exciting opening day, The Great Escape Festival is going on today, with matinee showcases from Showcasing Scotland, Music…

Universal Music Group closes major licensing deal with Tencent

Universal Music Group's music will now be distributed via Tencent Music Entertainment Group (TME) in the region via its streaming platforms QQ Music…

The creators of the MP3 have officially written off the format

Probably nobody never really thoiught about this, but it had to happen... so, now, MP3 has been declared dead. Indeed, as NPR reports, The…