News The round was led by the likes of Sony Innovation Fund, microphone manufacturer Shure and others Analysis News Album generated $500,000 for Sheeran and Atlantic Records on Spotify in its first three days of availability News The FT reports that Amazon had over 32 million subscribers at the end of April News 'The so-called 'user centric' model, based on a user-based income distribution, would be more virtuous.' Interviews Kobalt's Willard Ahdritz talks publishing, major record companies, and the true worth of the business today News Penalties for artists, penalties for staff, more funding – why wasn't any of this in the industry's own policies? News Merlin has now paid indies more than $2bn from digital services since being founded Analysis The majors are inking deals with over 600 artists every year