labels

Streaming claims 86% of territory, with download on just 2%

Newly-independent indie also hires Dermot James

Revenue earned from recorded music reached €52.93m in the first half of 2016

Streaming earned the lion’s share of revenue, accounting for €40.1m (55%)

FAC boss takes over at label body in November

Believe understood to have pipped Sony Music Entertainment to the deal

Exec joined Laurence Bell from [PIAS] in 2005

Playlist updates every Monday on Spotify based on track popularity

Tracks will be released on digital platforms. Could Apple Music be interested?

This is a deal all about hits. Should we really be surprised?

Third biggest album has actually sold more than this week's No.1

'He is a composer, musician, producer, collaborator, inspirer...'

Exec moves over from Vice Media

Everyone from Ed Sheeran to Coldplay, The 1975, Years and Years and Paloma Faith

Label represents catalogue from Better Than Ezra, Billy Talent, Dead Letter Circus, Everclear and HIM