Music Business News: North America

Spotify employed 4,405 people on a full-time basis worldwide last year

Deal with comedian sent company's stock price soaring over next 24 hours

'This added liquidity will help bolster our already strong balance sheet.'

Jake P. Noch responds to countersuit as fallout over alleged fraudulent streams escalates

Island Records’ One Love Covid-19 Relief Auction in aid of NHS Charities Together and Feeding America takes place tomorrow (May 21)

Why Spotify's big money buys might concern music's most powerful rightsholders

Deal includes majority of publishing and writer's share, as well as all administration rights, for some of the soul legend's biggest hits

Adjustments to the financial giant's forecasts say much about the future of the music business at large