News Turns out Spotify acquired The Echo Nest for just €50m Initial reports said deal was worth $100m
News Spotify revenues topped €1bn in FY2014 – but losses grew 77% to €165m Operating losses up 77% to €165m in FY2014
News ‘Pay As You Go’ Spotify rival turns to crowdfunding to help raise £1m Martin Rigby plans to launch in US by the end of this year
News ‘Shameless’ Pandora set to claw back $1.5m from songwriters with FM buy KXMZ FM deal looks like it's going through
News Simfy quits streaming music race in Germany as Spotify dominates Platform was born in 2010 and expanded abroad
News Spotify selling 3 months of ad-free music for less than $1 in the US Offer available for non-existing subscribers
News Spotify secures $350m in funding round – without relying on Universal It's the seventh funding round in Spotify history
News Grooveshark is no more – and says sorry to the music industry Major labels agree to settle with notorious copyright infringer
News Downloads down 12% in UK, albums down 5% – but streaming soars 81% Overall album sales fall 5.3% in unit terms
News Spotify’s Daniel Ek launches conference for ‘Brilliant Minds’. Tickets cost $2,900. Symposium Stockholm takes place between June 8-13
News Grooveshark faces possible $736m payout as Universal damages trial kicks off Sam Tarantino and Josh Greenberg face a jury today
News Jay Z accuses Tidal rivals of ‘smear campaign’ as platform hits 770k subscribers 'Our actions will speak louder than our words', says Shawn Carter
News Don’t spend it all at once, artists: Pandora is paying out $0.0001 more per stream than it was last year Service now paying out $0.0014 each time an ad-funded user streams
News Songwriters suffer from ‘nonsensical disparity’ of streaming payments… says a Grammy-winning artist 'The time for change is now', argues Ne-Yo
News Pandora loses 2m listeners and $48m in three months Total active listeners fall under 80m people