News Distribution company Beatroot Music to administer ‘thousands in unpaid royalties’ of former Dart Music Dozens of music creators to obtain years’ worth of unclaimed royalties, says firm
News Snafu Records, which recently launched with $2.9m backing, hires Adrian Karvinen as Director Of North America Exec previously worked with Three Six Zero and also formed his own boutique firm Fire Club INC
Analysis YouTube says it paid the music industry over $3bn last year – equivalent to 20% of its annual ad revenue. Is that good? On balance, YouTube looks likely to have just become the global music industry's second biggest streaming partner
News New specialist music streaming platform, jazzed, launches in the UK Licensing terms have been agreed with the majors
News Scooter Braun joins $22m funding round for cannabis company… but he’s not the first major artist manager to invest in CBD Bill Curbishley, Ian McAndrew and Colin Lester are all investors in $5m-backed Apothem Labs
Interviews ‘There’s nothing more exciting than finding a new idea…’ Raine Group partner Fred Davis talks big deals, new money and Daniel Ek
News SoundCloud secures $75m investment from Pandora owner SiriusXM SiriusXM has purchased $75 million of securities for a minority investment
News UK rapper Dave renews global publishing deal with Warner Chappell Music Artist's album Psychodrama hit No.1 in the UK in March 2019
News Tencent, set to control 10% of Universal, also owns 9.1% of Spotify – but Daniel Ek has the final say on firm’s stake Spotify's founder and CEO has control of voting shares linked to Tencent's stake in his company
News Napster majority owner RealNetworks to get $10m investment from CEO Rob Glaser 'I am making this investment because I believe the company has a very promising future ahead of it'
News Beatchain launches platform that vows to ‘enable artists to take control of their careers’ Platform has already seen more than 40,000 artists sign up
Analysis Daniel Ek talks paid-for promotion, podcasts and Spotify’s mission to become ‘the world’s No.1 audio platform’ What does Spotify's CEO have to say on key issues facing the company in 2020?
News Spotify now has 124m Premium subscribers, growing by over 3m per month The average paying Spotify subscriber across the world (ARPU) in Q4 2019 paid €4.65 per month
Analysis News Sony Music revenues grew by over $250m in calendar 2019, topping $4bn Fine Line by Harry Styles was Sony Music's biggest seller in calendar Q4 last year