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
News Pharrell Williams to host Jon Platt’s Spirit Of Life Award event in October Williams to join Platt and other stars on October 11 in Los Angeles
News Vivendi set to sell up to 50% of Universal Music Group within 18 months – but rules out IPO "A sale of up to 50% of UMG’s share capital to one or more strategic partners, in order to extract the highest value"
News SoundExchange paid out $399m to artists and labels in the first half of 2018, up 17.4% year-on-year Organization distributed over $208m to artists and labels in first half of 2018
News Concord acquires independent Latin music company Fania 'To have the opportunity to add a crown jewel of Latin music like Fania, with its incredible roster of artists and songwriters, excites all of us at Concord.'
News Spotify appoints Austin Daboh as Head of Shows & Editorial in the UK Exec steps up to succeed his former boss, George Ergatoudis
Analysis News Live Nation’s half-year revenues have grown by more than 100% since 2010 Company on course for another $10bn-plus sales year in 2018
News Watch out Billboard: Variety and Rolling Stone owner buys into Nielsen rival BuzzAngle for ‘aggressive’ music charts push Penske Media Corporation (PMC) makes strategic investment in Jim Lidestri's company
News Music streaming has more than tripled in volume in France since 2015 Over 27bn on-demand streams took place in territory in H1
News YouTube ups Victoria Campoamor to Global Head of Publishing Strategy and Operations Exec will relocate from London to New York for worldwide role