News Spotify just turned the first net profit in its history (but it’s not particularly happy about it) Company wanted to hire more R&D people... but couldn't get the staff
Analysis Sony Music revenues up 5.8% so far this year, sales dipped slightly in last quarter Streaming revenues shoot up 26% in the first nine months of 2018
News Spotify stock hits new low on NYSE, as market cap value dips under $26bn Firm's Q3 results are due out on Thursday (November 1)
News Johnny Hallyday album shatters records, selling more week-one units in France than Drake’s Scorpion did in the USA MBW expects that the album generated more than $14m in a single week
News Forget Drake. The music sales story of the year could soon be Johnny Hallyday. Mon Pays C'est L'amour shifted more than 630,000 copies in three days
Analysis News Spotify has lost $9bn in market cap value in less than three months A rough time for tech stocks has badly damaged streamer's valuation
Interviews ‘We are custodians of a great legacy, which we hugely respect, but we can’t let it weigh us down.’ Louis Bloom has been a loyal servant of Island Records UK for 16 years. Now, he’s running the place. What’s his plan?
News Spotify acquires minority stake in DistroKid, enabling artists to upload to multiple services… from Spotify Streaming service takes passive position in aggregator which works with 250,000 artists
News Spotify’s Latin playlists head Rocío Guerrero quits streaming platform to join Warner Music Group Exec built ¡Viva Latino! and Baila Reggaeton over a seven-year tenure
News ‘He’s the Obama of the music industry’: Jay-Z pays tribute as Jon Platt collects Spirit Of Life Award Shawn Carter and Beyoncé lead tributes to outgoing Warner/Chappell boss
News Believe buys majority stake in rock and metal label Nuclear Blast MBW understands acquisition cost Believe eight figures
Interviews ‘Artists can always handle the truth. What they can’t handle is being f**ked around.’ Jamie Oborne, Dirty Hit founder, on The 1975, Wolf Alice and more
News Apple Music poaches the BBC’s leading hip-hop radio DJ, Charlie Sloth Sloth joins George Ergatoudis, Ryan Newman, Zane Lowe and other ex-Radio 1 tastemakers at Apple
News Rob Stringer talks Spotify, A&R, YouTube… and the possibility of a major label-owned streaming service Sony exec grilled by the BBC on modern music industry talking points
News Warner and Sony buy $200m of shares in Tencent Music Entertainment ahead of streaming company’s US IPO The two companies have banked more than $1bn from Spotify shares - what will TME bring their way?