South Korean girl group Blackpink and their “How You Like That” single have claimed the record for most YouTube views within a 24-hour period – a title that was previously held by BTS. Blackpink posted the video for “How You Like That” to Y…
Author archives: Dylan Smith
Goldman Ups Its Spotify Target to $280 — Is $300 Next?
Goldman Sachs has upped its Spotify (SPOT) target price to $280 following the stock’s unprecedented gains – from a low of $109.18 per share to a current price of $264.95 – during the last three months. Goldman analyst Heath Terry signaled confide…
Chicago Label Trax Records Faces Massive Copyright Infringement Lawsuit
Chicago house music label Trax Records is facing a massive copyright-infringement lawsuit from veteran Chicago musicians Robert Owens and Larry Heard. Owens and Heard submitted the complaint to an Illinois federal court – naming Trax Records and its cu…
Indie Non-Profit CASH Music Is Shutting Down — What Happened?
12 years after its founding, Portland-based indie nonprofit CASH Music (the Coalition of Artists and Stakeholders) has officially shut down. CASH Music higher-ups announced their non-profit’s permanent closure in a series of social media posts. “It is …
Does Anyone Read Ticketmaster’s Terms of Service? A Class-Action Lawsuit Wants to Find Out
Towards April’s end, Digital Music News was first to report that Live Nation and its Ticketmaster subsidiary were facing a class-action lawsuit alleging monopolistic business practices. Now, the plaintiffs are taking aim at Ticketmaster’s terms of use …
Billionaire Kanye West Expands His Yeezy Empire to The Gap
Billionaire Kanye West has struck a 10-year deal with prominent clothing retailer Gap, centering on the release of an exclusive Yeezy Gap product line. Kanye West announced the decade-long partnership on Twitter this morning, and Gap officials confirme…
Tidal, Revolt TV, Breakfast Club Under Fire for Russell Simmons Interviews
Jay-Z’s Tidal, Diddy’s Revolt TV, and morning radio show “The Breakfast Club” are under fire for interviewing Def Jam Records co-founder Russell Simmons, who has been accused of sexual assault or rape by at least 13 women. For background, Russell Simmo…
Apple Could Face App Store Antitrust Investigation In the U.S.
Nine days back, DMN was first to report that Apple was facing billions in potential fines stemming from a pair of European Union investigations into Apple Pay and the App Store. Now, U.S. officials are reportedly considering launching an App Store anti…
Spotify Touches $50 Billion Valuation as Stock Hits New All-Time Highs
Leading music streaming service Spotify has touched a $50 billion market valuation after breaking yet another stock-price record. At the time of this writing, Spotify shares, bought and sold under the symbol SPOT, were up nearly nine percent ($21.44 pe…
Outside Lands Announces Its Lineup — for August 2021
The famed Outside Lands music festival has announced its lineup ahead of a planned August 2021 return. Outside Lands officials recently revealed the high-profile lineup on their website, in addition to confirming that they’d nixed their much-ant…