News Marketplace was worth more than $2bn for the music industry last year News Columbia and Ultra Records commit to global push for fast-rising UK producer News John Legend picks up Song Of The Year News Star-studded event will take place in LA News 'Len Blavatnik is a great believer in change and pushing forward' News Cedric Gervais also signs up to fast-growing service News Robin Thicke, Pharrell Williams and Lou Reed estate already signed up