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# FRI. BRIEF: Calderone Out As Spotify Refocuses Video • UMG Streams $1.5B Q2 • Tencent Music Valued At $10B • More
- URL: https://www.hypebot.com/am-brief-calderone-out-as-spotify-refocuses-video-umg-streams-15b-q2-tencent-music-valued-at-10b-mor/
- Published: 2017-09-01T08:45:00.000Z
- Updated: 2017-09-01T08:45:00.000Z
- Description: Friday 9.1.17 Music Business News From Around The Web After gaining little traction, Spotify is shifting it's video strategy to look more like Apple Music's. Updated continuously under our More News tab
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Apple Inc., Apple Music, Bluetooth, Comparison of on-demand streaming music services, Google Play, Initial public offering, IOS, IPhone, Loudspeaker, music, musicians, Spotify, #wp, #wp-post, #Import 2026-01-21 10:05

**[![Spotify new](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c91bbb71970b-200wi "Spotify new")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c91bbb71970b-popup?ref=hypebot.com)Friday 9.1.17**

**Music Business News** **From Around The Web**

 *After gaining little traction, Spotify is shifting it's video strategy to look more like Apple Music's.*

**Updated continuously under our [More News](https://www.hypebot.com/hypebot/news.html) tab**