Month: June 2015

Spotify fights back: $526M Funding secured to battle Apple Music

It’s on: artists are going to be at the centre of the biggest marketing war in digital music history….


UNIVERSAL: WE DIDN’T COLLUDE WITH APPLE TO KILL SPOTIFY FREEMIUM

Universal Music Group has denied any collusion with Apple to try and force Spotify to limit its much-debated freemium tier….


Lil Durk Dives Onto Top R&B/Hip-Hop Albums

Lil Durk makes his first Top R&B/Hip-Hop Albums chart arrival, entering at No. 2 with his major-label debut Remember My Name. The set starts with 32,000 copies sold, according to Nielsen Music….


Snoop Dogg Wants to Be the Next Twitter CEO

Now that Dick Costolo has stepped down as CEO, Twitter needs a new top dog — so why not Snoop Dogg?…


Twitter CEO Dick Costolo Stepping Down

Twitter CEO Dick Costolo is stepping down from his post, the social media company announced on Thursday (June 11). Co-founder and chairman Jack Dorsey will serve as interim CEO beginning July 1….


8tracks Raises Financing, Adds 2.5 Million Tracks To Catalog

San Francisco-based 8tracks might be overshadowed by big names like Pandora and Spotify, but the Internet radio service continues to grow quietly….


Moog Music Being Sold to Employees

Moog Music, the pioneering synthesizer maker based in Asheville, NC, has been sold. But unlike some acquisitions, this one has a major silver lining. CEO Mike Adams made the announcement on Wednesday, telling anxious staffers that he has decided to unload half of the company. “The good news is I sold it to all of you,” he…


Where’s the Fire? Apple Music’s Leaked Contract Is Pretty Standard

Don’t forget about music publishers. People often overlook — or don’t know — the fact that every song has two copyrights. Subscription services pay record labels for the use of their recordings (one copyright)…


Rupert Murdoch Stepping Down as 21st Century Fox CEO

Rupert Murdoch is planning to step down from his role as 21st Century Fox CEO, sources confirmed to The Hollywood Reporter….


Cuban Artists Rolling in Foreign Money, Thanks to Topsy-Turvy Laws

Late one balmy spring night during Havana’s 12th Biennial, young working-class men and women lounged on a stretch of sand dotted with folding chairs and umbrellas, an artificial beach created as an art installation on the capital’s Malecon seaside promenade….