News Spotify paid $343m for podcasting companies Gimlet Media and Anchor SEC filing reveals that Spotify spent €300m on the pair of companies
Analysis 5 of Spotify’s biggest imminent challenges in 2019 The key issues Daniel Ek and his team have to face down over the next 10 months
News Copyright Directive talks conclude – music business responds ahead of reviewing final Article 13 text "We look forward to carefully reviewing the text when it is issued," says IFPI
News Beatport & DJcity team up on joint venture music service Beatsource Beatsource will provide a catalog of curated music for open format DJs
News ie:music hires Leander Gloversmith, signs pop-punk stars Neck Deep Based in London, Gloversmith will also operate from ie:music’s LA HQ
News 4th Floor Creative Group President Cassandra Gracey to speak at The Great Escape 2019 Gracey is among the first 40 speakers announced for the UK conference
News Universal fully acquires Ingrooves Music Group UMG will gain sole control of the firm's approximate 2% market share in the United States
News Universal just had ‘the best year for any music company ever’ Major makes bullish claim at Los Angeles Grammy event
News She Is The Music reveals partnerships and funding to further equality initiatives SITM is a nonprofit focused on achieving equality for women across the music industry
Analysis News Spotify hit 96m paying subscribers in 2018 – and just posted its first ever operating profit Firm predicts that subscriber count will reach approximately 122m by end of 2019
News Spotify buys not one, but two podcasting companies: Gimlet Media and Anchor Gimlet deal believed to have cost Spotify circa $230m
News Amuse to pay AI-driven royalty advance money to independent artists Diego Farias's company adds important financial service to offering
News Festicket secures $4.6m funding from Edge Investments Funding will support Festicket’s entrance into new markets
News Music Modernization Act: Labels and publishers back NMPA’s bid to run new mechanical rights society Universal, Sony and Warner, as well as indies, support publisher org's application
Analysis Blog ‘Independent’ music continues to be romanticized. But what does it really mean? Matt Brinkworth of Omnian Music Group reflects on the true meaning of 'indie' in 2019