News Fake artists still dominate Spotify ‘chill’ playlists. Now Universal is fighting back… with Apple Music. Nothing has changed on Ambient Chill, Sleep and Music For Concentration
News BASCA elects new board, moves to The Ministry in South London Crispin Hunt will remain Chair of British org for another three years
News Symphonic Distribution hires Eshan Shah Jahan as Head of Product in New York Exec was previously SVP, Product Engineering at The Orchard
Analysis News Apple Music has over 25m paying subscribers in North America (and more than Spotify) Apple and Spotify now have comfortably over 50m paying subs in the US and Canada between them
News UMPG promotes Mark Coltman to EVP, Information Technology Exec reports to UMPG’s CFO, Worldwide JW Beekman
News BMG Production Music acquires Deep East Music and Tele Music Deep East owns labels such as DEM, Zest and Scorched Score
Analysis News Three years ago, Pandora had more users than Spotify. Now it’s over 100m behind. Total active users on the US-based platform fell yet again to 71.4m in Q2
News YouTube Music is on a worldwide recruitment blitz for senior executives Over 15 senior music roles are currently advertised by Google-owned company
News Universal Music Publishing could become a $1bn company this year Revenues in US dollar terms have grown 33% since 2014 under Jody Gerson
News SOCAN completes acquisition of reproduction rights society SODRAC SOCAN says deal will lead to increased efficiencies for songwriter members
News Confirmed: Sony cashed in 50% of its Spotify shares for $768m earlier this year Firm's remaining bulk of shares are currently worth in the region of $862m
News Sony Music revenues topped $1.9bn in the first half of 2018, up 11% year-on-year Streaming revenues hit $944m in the six month period, up 39.1% on 2017
News Sony Corp snaps up remaining 10% stake in EMI Music Publishing from Jackson Estate Japanese corporation is now the 100% owner of EMP... subject to regulatory approval
News Official: Troy Carter is leaving Spotify in September Exec departs after two years with Daniel Ek's company
News Universal now generating over $50m every week from streaming – overall label revenues jumped 7.4% in H1 2018 Publishing revenues grew 11.1% in the period