News Pandora lost $132m and 4.4m listeners in Q1 – but subscription revenues jumped 61% Company's subscription business turned over $104.67 in first three months of 2018
News Live Nation revenues hit $1.48bn in Q1, with a $41m net loss Operating loss narrows considerably in quarter to $6m
News Amazon Prime Video launches documentary series with Meek Mill Episodes detail rapper's fight for exoneration from the US criminal justice system
News Reservoir acquires nearly 500 songs from Hoagy Carmichael catalog Global deal includes nearly 500 songs
News BMG promotes Jasmina Zammit to lead Brazil repertoire operation Zammit will be responsible for establishing a local music publishing and recordings repertoire operation
Analysis News Spotify subscriber base reaches 75m, as firm’s revenues grow 37% in Q1 Company added an average of 1.3m new subscribers per month in Jan-March
News Live Nation acquires stake in Rock in Rio Deal expands live music giant's presence in South America
News Global music rights database pilot launched with top music companies Warner Music Group, Warner/Chappell, BMG and Global Music Rights on board
News Warner Music Group promotes Alex Kamins to Vice President, Global Digital Business Development role Exec most recently served as Senior Director, Digital Strategy & Business Development
News SoundCloud hires Nancy Hood to lead consumer business Former PayPal exec named Senior Vice President, Listener
News Vivendi to present ‘hypotheses’ on Universal Music Group IPO this month Findings to be presented at meeting on May 17th
News Virtual reality music startup MelodyVR raises $30m, launches app Funds to be used for global expansion
News AWAL hires Aaron Bogucki as Vice President, Digital Marketing Based in the company's London office, Bogucki will oversee digital marketing campaigns for the AWAL roster
Analysis News Sony has cashed in 50% of its Spotify shares, generating around $750m Company's remaining 50% haul is worth over $800m at current stock price
News Jeff Sosnow promoted at Warner Bros. Records to EVP, A&R Exec has served as Senior Vice President, A&R since 2012
News Kobalt signs publishing deal with Childish Gambino and Wolf + Rothstein collective Deal with Gambino covers all of his future songs
Analysis News More music is played on YouTube than on Spotify, Apple Music and every other audio streaming platform combined Yet YouTube throws doubt on IFPI figure regarding total video service payout in 2017