Music Business News: Sweden

Spotify Chairman Martin Lorentzon steps down as Daniel Ek takes his place

News comes a month after Chief Revenue Officer left company

YouTube, PRS and SACEM back songwriting camp’s global expansion

Stockholm Songwriting Camp coming to Paris and London this year

Warner appoints Magnus Ribbeklint and Mark Fry as General Managers in Nordics

Execs step up in Sweden and Finland

Spotify has already paid the music business over $1.2bn this year

New lifetime payout figure of $5bn revealed

Spotify growth outpaces Apple Music as it officially tops 40m subscribers

Daniel Ek's platform has added 12m subscribers this year alone so far

TIDAL parent lost around $2m a month last year, while seeking extra financing

First year of Jay Z ownership put under the microscope

Recorded music sales up in Sweden as streaming revenue grows 10%

Streaming claims 86% of territory, with download on just 2%

Top Spotify sales exec Jonathan Forster exits company

British exec parts ways with company he joined in 2007