WED. BRIEF: Indies Demand Spotify Stock Profits • A2IM Libera Nominees • NME Folds Magazine • More

WEDNESDAY 3.7.1​8​ Music Business News From Around The Web  Updated continuously under our More News tab

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Red Ink Beneath Streaming’s “New Dawn” [Marc Ribot]

Legendary guitarist Marc Ribot explores the impact of ECM Records move to Spotify as part of broader shift for the label, the effect it will have on artists, and what. Continue reading

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UMG Says Artists Will Profit From Spotify Stock Sale, But What Does That Mean?

After months of silence, Universal Music Group has joined Sony and Warners in pledging to share proceeds from the upcoming public sale of Spotify stock with the artists signed to. Continue reading

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50% Of UK Music Consumption 2017 Was Streaming, 4M Vinyl Records Sold

Stats released by UK label association BPI, based on Official Charts Company data, showed a strong year for recorded music, with consumption across all formats in 2017, growing at its. Continue reading

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AM BRIEF: Genius Adds $15M • UMG To Share Spotify Windfall • Apple’s Audio Ambitions • More

TUESDAY 3.6.1​8​ Music Business News From Around The Web  Updated continuously under our More News tab

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Genius Raises $15M More To ‘Become #1 Brand In Music’

Genius, which was founded in 2009 has Rap Genius, has raised an additional $15 million. The round was led by Eric Mindich's Everblue, a new fund focused on music and e-sports, with. Continue reading

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Martin Shkreli To Forfeit $2M Wu Tang Clan Album, Judge Rules

"Pharma Bro" Martin Shkreli must forfeit more than $7.3 million in assets, including a one-of-a-kind Wu-Tang Clan album, as part of his punishment for commiting securities fraud, a judge ruled. Continue reading

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Spotify Threatens Hacked App Users With Suspension As Practice Spreads

There are no stats as to how many of Spotify's 159 million active users are accessing the music streamer with a hacked app or account. But judging from forum comments,. Continue reading

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Social Media 2018: YouTube Tops Facebook, Snapchat Gains

A new Pew research study shows the latest shifting patterns in social media usage. Unsurprisingly, Facebook and YouTube dominate the landscape, with large majorities of U.S. adults using each site. . Continue reading

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Net Neutrality’s Death Official In April (Cue Lawsuits)

Although net neutrality was sentenced to death some time ago last year, the actual repeal itself won't be going into effect until April, at which time a slew of lawsuits. Continue reading

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