Music Business News: Europe

Warner/Chappell signs Melendi, one of Spain’s biggest pop stars

He has sold more than 4 million records to date

Merck Mercuriadis’s Hipgnosis Songs Fund acquires Dave Stewart catalog

Company acquires 100% of Stewart’s copyright interest in his catalog

Kobalt signs deal with Nina Nesbitt

Admin deal includes publishing, administration, creative services and sync for future works

UK songwriters could be losing out on millions in streaming royalties each year, says new MMF report

Report calls for urgent reform to the way in which repertoire is licensed to digital services

Deezer’s free tier can be controlled with Amazon Alexa now, but not in the US and Japan

Feature will roll out to Alexa-enabled devices over the next two weeks

PledgeMusic fails to find buyer, heads for administration

Co-founder Benji Rogers confirms demise of crowdfunding platform

Cooking Vinyl makes string of new signings, including Swim Deep and Saint Raymond

Also joining the label are Isobel Campbell, Sam Lee and Kerri Watt

The average salary of a Spotify employee hit $132,301 last year – more than double what it was in 2011

How the salaries at streaming music's market leader have changed over the past decade