Analysis News Profits, payments and podcasts: 5 takeaways from Spotify’s Q3 earnings call Platform confirms it's going to charge artists and labels for tools in the future
News India’s JioMusic to rebrand as JioSaavn after $1bn merger – report Saavn's entire catalog will reportedly be made available on JioSaavn
News Jake Gosling signs with Absolute for Goldun Egg label Songwriter and producer Gosling has collaborated with Ed Sheeran, One Direction, Shawn Mendes and more
News Concord Music hires Rebecca Berman and Michael Nance as joint SVPs of International Nance and Berman will focus on expanding Concord Music’s global infrastructure
News Sony Music hires Sol Rashidi as Executive Vice President & Chief Data Officer Rashidi was previously Chief Data and Cognitive Officer at Royal Caribbean Cruise Lines
News Transgressive Publishing & Warner/Chappell ink publishing deal with Foals Foals have previously released four Top 10 records and are currently recording their fifth album
News Spotify wants to buy back up to $1bn of its stock The repurchase program expires on April 21, 2021
News Universal becomes first major to license Africa’s biggest streaming platform, Boomplay Boomplay is jointly owned by two large-scale Chinese companies
News Live Nation sells 85m tickets in 2018 so far, posts record quarterly revenue of $3.8bn The company says that it's on track to sell 90m tickets this year
News Downtown buys independent UK music publishers Salli Isaak Music and Salli Isaak Songs The companies are home to hit songwriters Jimmy Napes and Paloma Faith
News LADbible teams up with Universal Music On Demand to launch emerging artist video series LADbible has a 62m+ social following
News Global buys leanStream’s digital audio sales division, launches DAX Canada Global adds Toronto to its list of office locations
News Spotify: We don’t expect major labels to ‘hand us an additional pile of gross margin’ CFO Barry McCarthy speaks frankly on subject of re-negotiations with the labels
News How do you compete with Shazam and Apple if you’re in the music recognition business? Brands and developers can now license SoundHound's music search technology
News Apple is reportedly in talks to buy a stake in iHeartMedia Cupertino technology company in early-stage talks to acquire a stake in US radio giant iHeartMedia
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
News Audio Network appoints Todd King VP, West Coast Music publishing and licensing veteran to guide growth of West Coast market