Will Spotify’s deal with T-Series help it shore up subscribers amidst fierce competition in India? Spotify has made a new deal. The streaming music giant has officially confirmed its partnership with India’s T-Series, a major music and film company. T…
Author archives: Daniel Sanchez
A Group of Investors, Including Irving Azoff, Want to Save a Classic Beverly Hills Deli
Will investors succeed in saving Nate and Al’s? Established in 1945, Nate and Al’s has served corn beef, brisket, hamburgers, stuffed cabbage, and short ribs. The establishment also serves wild smoked salmon reportedly flown in from New York. Yet, tha…
TIDAL Now Under Federal Criminal Investigation in Norway
Jay-Z’s TIDAL faces hot water in Norway. Last May, Jay-Z’s embattled streaming music service, TIDAL, faced serious criminal charges. According to Norwegian newspaper Dagens Næringsliv (DN), in 2016, Jay-Z’s TIDAL flat-out lied about its total streaming…
PIAS Revenue Grew 18% in 2017
PIAS continues to grow in Europe. PIAS, a European indie giant, has released its annual report and financial statement for 2017. The company, which operates 19 offices around the world, revealed a turnover of £35.5 million ($47.9 million at the histori…
The Hollywood Reporter-Billboard Media Group Hit With Significant Layoffs
22 people have lost their jobs as a result of “ongoing reorganization” at The Hollywood Reporter-Billboard Media Group. The Hollywood Reporter-Billboard Media Group didn’t have a good 2018. Billboard’s CEO, John Amato, had forcibly stepped down followi…
Liberty Media in Talks for a “Significant Stake” in CAA
Will Liberty Media succeed in acquiring a “significant stake” in CAA? After three years of talks, Liberty Media’s SiriusXM finally acquired Pandora Media last September. The $3.5 billion all-stock deal values Pandora at $10.14. The company’s stock pri…
Spotify Now Has 200 Million Monthly Active Users
Spotify continues to add users, but, how many are paying for a subscription? Several months ago, during the company’s Q3 2018 report, Spotify reported 191 million monthly active users (MAUs). That number jumped 40% over the same period last year. The …
Coffee Company Slapped With a $2.8 Million Fine for Infringing Bob Marley Trademarks
Jammin Java must now pay Bob Marley’s family $2.8 million. The Ninth Circuit Court of Appeals has ruled against a coffee company fighting a lawsuit brought by two companies owned by the late Bob Marley’s family. The panel upheld a previous decision by …
Sundance Will Screen Documentary Examining Michael Jackson’s Alleged Child Molestation
Another documentary will examine Michael Jackson’s alleged sexual molestation of two children, ten years after his tragic passing. Following Lifetime’s successful airing of docuseries Surviving R. Kelly, another producer had a controversial documentary…
Peermusic Acquires South Korea’s Music Cube — Which Includes BTS Copyrights
Peermusic has now acquired Music Cube, whose catalog includes songs from BTS. Peermusic has been rather busy as of late. Last summer, the independent publisher acquired Accorder Music Publishing, a UK-based indie film and TV publisher. Accorder has re…