News Major continues to hold just under 5% of stock in Spotify, says Sony Corp News Universal, Sony and Warner's numbers have been revealed News Spotify valuation slips 9.8% from opening trade - but Daniel Ek will be happy News Value has trebled in past three years News Deal takes company and writer's agreement into third decade News Exec replaces Glenn Mendlinger in role, will relocate from London News TMG merged with Baidu Music in 2015 to form a join label/platform operation News Trio join CEO Guy Robinson at London-based company