UPDATE: Spotify [NYSE:SPOT] Ends Day Down 5.66%

UPDATED: Spotify stock began trading Thursday at $151.43, 11% lower than its $170 Wednesday close, after the streamer missed revenue estimates  Wall Street analysts. The stock ended trading on Thursday. Continue reading

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Sony Music Reports Record Breaking 2017

When Sony announced their earnings report for the 2017-18 fiscal year, it revealed that the company’s recorded music business had seen revenue soar on updrafts created largely by music streaming.

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MON. BRIEF: Las Vegas Concert Shooting Deadliest In US History • Dice Ticketing Expands • TunesMap Restores Liner Notes • More

MONDAY 10.2.17 Music Business News From Around The Web  It's hard to imagine that these repeated mass shootings at concerts and clubs won't discourage attendance. Updated continuously under our More News tab

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WED. BRIEF: Apple Releases iTunes 12.7 • Amazon Adds Music Merch • Deezer Goes Local • More

WEDNESDAY 9.13.17 Music Business News From Around The Web  Apple's big announcement threw music lovers a few nice crumbs yesterday. Updated continuously under our More News tab

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Ex-Maker, MySpace Music, MTV Exec Courtney Holt To Head Revamped Spotify Video Effort

Former Maker, MySpace Music and MTV executive Courtney Holt is finally moving his career past the letter "M" to head revamped video efforts at Spotify.  The news comes on the. Continue reading

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Pandora, Smart Speakers and Other Surprises From The Infinite Dial Study

For a number of years Edison Research has been conducting a study to measure media and tech consumptions in the US. The latest batch of info from the study reveals. Continue reading

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Spotify Finalizes Deal With Warner Music Group Clearing Path To Stock Exchange Listing

Spotify has closed its third and final major label deal, signing a new multi-year global pact with Warner Music Group. Sony, Universal and Merlin had previously announced new deals with. Continue reading

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Spotify Exec Confirms Self-Serve Ad Platform, Shares Future Plans and It’s Good News For Musicians, Marketers

Spotify recently launched Ad Studio, a self-serve, targetable audio ad platform, in beta. As we reported, these 15 and 30 second ads play in-stream on Spotify's free tier, along with. Continue reading

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Exclusive Fyre Music Festival Comes Unraveled, Ja Rule “Heartbroken”

An exclusive music festival on a private island in the Bahamas, promoted to jet-setters on social media by the likes of Kendall Jenner and Emily Ratajkowski, came apart in the. Continue reading

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Neil Young Announces Xsteam ”Adaptive” Streaming Music Service

Neil Young is pivoting his hi-res and high cost Pono Music download service to streaming. The as yet unlaunched subscription service will be called Xstream.

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