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NEWS BRIEF: New Spotify Stats, WMG Slips, Radio Redesign, Twitvid Buys Cull TV, FB Ups IPO & More

FavVHRZSpotify Hits 20 Million Monthly Users and Could be on Track for 8 Million Paid Users 1 Year From Now (Mark Mulligan)

  • Warner Music Group Revenue Slipped 8% in Q1 (Billboard)
  • A redesigned Rdio has launched on Rdio.com and the Rdio desktop apps. Updates include drag and drop playlist creation, a personalized Heavy Rotation, and private playlists.

MORE:

  • Personalized Music Video Service Cull TV Acquired By Twitvid, CEO Departs (TechCrunch)
  • Facebook confirms higher IPO price range -  The company filed an amended S-1 statement with the Securities and Exchange Commission that prices its shares at between $34 and $38. (CNet)
  • Counting Crows using BitTorrent as the “new radio” (DMW, Mashable)
  • Starting today, discover "the best of Twitter" in a weekly email digest. The summary features the most relevant Tweets and stories shared by the people you’re connected to on Twitter.
  • Today In NYC SoundCtrl Music:Tech Day @InternetWeek HQ  (Details) Tonight: FlashFWD 2012 Awards @Gramercy Theater.

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