Here’s exactly how many shares the major labels and Merlin bought in Spotify – and what those stakes are worth now

Documents from 2008 reveal much about Spotify then – and now
The post Here’s exactly how many shares the major labels and Merlin bought in Spotify – and what those stakes are worth now appeared first on Music Business Worldwide.

Latest Industry: Cisco, YouTube, Warner, Metallica, Vivendi, Prince, Apple Music, Pandora, TIDAL, More…

Cisco pulls ads from YouTube. Over a fear of sensitive content appearing right after its ads, Cisco has pulled all of its online ads from YouTube.  Taking a veiled swipe at the video platform’s past controversies over sensitive content, Cisc…

Latest Industry: Paul McCartney, Childish Gambino, Chris Brown, LANDR, ABBA, Liberty Media, BIGSOUND, Spotify, More…

LANDR launches free curated samples service. LANDR, a cloud-based automated mastering service, has launched Samples, a cross-genre service that provides royalty-free samples to music producers.  The company has partnered with Dirty Projectors, Mar…

Do the major labels know something about Spotify that Wall Street doesn’t?

The majors have cashed in $1bn in shares despite optimism from Wall Street. Why?
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Latest Industry: Dr. Dre, Taylor Swift, Spotify, Choon, Instagram, YouTube, More…

Spotify now streams your favorite music and audiobooks about how they were made. Spotify has signed a deal with Bloomsbury Publishing, a British indie publishing house.  The European streaming music service will now offer audiobooks on the product…

Spotify to offer audio books after striking deal for 33 1/3 series

Short books about popular albums will be made available on the streaming service
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Latest Industry: R. Kelly, WMG, Spotify, YouTube, Vevo, Janet Jackson, American Idol, More…

Warner Music Group releases its Q2 2018. Warner Music Group Corp. has announced its second-quarter financial results for the period ended March 31st, 2018. Revenue grew 16.7%, or 10.4% in constant currency.  Growth in Recorded Music digital, physi…

Warner Music Just Dumped 75% of Their Spotify Shares – A $400 Million Payday

Warner Music Group pulls a Sony and lets go of most of its Spotify shares.  But, why? Warner Music Group Corp. has announced that it has sold around 75% of its shares in Spotify.  The company received $400 million. WMG CEO Stephen Cooper stated that $3…