labels

Spinnin' Records is believed to be selling to a major for around $100m

Chris Bovill and John Allison will join Warner Music UK to run The Firepit in the summer

CEO Nick Dunn pays tribute to 'hard work and dedication of the team'

Sherman will retire at the end of next year after more than 40 years of service

The market is up 5.5% in 2016 after generating AUS $352.2m (US $269.7m) in revenue

Market generates more than $2bn, with download holding and streaming up 61%

Exec will also maintain role as General Manager of Warner Music Sweden

Deal comes three months after similar agreement was reached with Warner Music Group

Two pictures, over 30 years apart, tell much the same story

Total recorded music revenues from the likes of Spotify and Apple Music hit 10 figures in 2016

Exec will continue to run his Unauthorized Entertainment label

Post-tax profit tops £14m but falls year-on-year

Ministry's revenues were up in 2015 - but relied heavily on physical compilation sales

Industry's retail worth jumps 4.6% despite downloads crashing 27%

"A yet unannounced Sony Music venture based in Nashville is searching for a true team player"