Spotify

BMG boss isn't bothered about direct artist licensing, as he's confident his company can compete

“This is a progressive move which we hope to see reflected more widely in the industry"

Universal, Sony and Warner are "seriously considering" move in response to Spotify's direct licensing

Unrecouped balances will be ignored by major in surprise move

The power of the major labels is not to be taken lightly for Daniel Ek

Inaugural event to be headlined by Carrie Underwood

Exec worked closely with Troy Carter, leaves company after seven years

Company expects to be profitable worldwide by the end of 2018

Share price jumped to $171.48 at bell on Friday (June 8)

Move comes two years after Austin Daboh left for Spotify

Writers aren't getting any money from Spotify stock sales. Is that okay?

Universal-owned EMI Group and Sony-owned EMI Music Publishing also have stakes

Exec joined Spotify in 2015 and grew RapCaviar to more than 9m followers

'Across all genres, our role is not to regulate artists. Therefore, we are moving away from implementing a policy around artist conduct.'

Both streaming companies are hiring for senior hip-hop roles in the Big Apple