Music Business News: North America
News Deal covers 'artist-centric' elements and includes direct agreement in the US with Warner Chappell News Spotify’s stock surged to a new all-time high of $626 this week, boosting the company's market cap to $125.71 billion News The company has laid off 200 people ahead of the release of its fiscal Q1 results News The money will be used for immediate and long-term recovery needs as California picks up the pieces from the recent wildfires News Price hikes and subscriber growth at streaming services sent Reservoir's revenue up by double digits in the company's fiscal Q3 News "Artists across all genres are seeing their stream numbers skyrocket," TuneCore says in its latest report on the Accelerator program News Spotify’s shares jumped 13% on Tuesday to $621.77, crossing the $600 threshold for the first time News Del Real, known for his work with multiple Latin Grammy Award-winning rock band Café Tacvba, has already released his first single under the new label