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# REWIND: The New Music Industry’s Week In Review
- URL: https://www.hypebot.com/re-28/
- Published: 2015-05-02T09:30:00.000Z
- Updated: 2015-05-02T09:30:00.000Z
- Description: It was another week eventful week in the new music business: Facing $736 million in damages, Grooveshark shut down and apologized to the RIAA, Live Nation reported a weak quarter,. Continue reading [https://www.hypebot.com/hypebot/2015/05/re-28.html]
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Grooveshark, Josh Greenberg, record label, Recording Industry Association of America, Sam Tarantino, Sony Music Entertainment, Spotify, Streaming media, Universal Music Group, Warner Music Group, #wp, #wp-post, #Import 2026-01-21 10:28

[![Hypebot](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d10d0681970c-50wi "Hypebot")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d10d0681970c-popup?ref=hypebot.com)It was **another week eventful week** in the new music business: Facing **$736 million** in damages, **Grooveshark** shut down and apologized to the RIAA, **Live Nation** reported a weak quarter, **Instragram** got into music, **Jukely** raised **$8 million** and **TIDAL** continued to make headlines. And **that's just the beginning…**
- ### [Grooveshark Shuts Down, Apologizes "Without Reservation" To RIAA](https://www.hypebot.com/grooveshark-shuts-down-apologizes-without-reservation/)
- ### [Losses Widen At Live Nation](https://www.hypebot.com/losses-widen-at-love-nation/)
- ### [Instagram Launches Dedicates Music Account @Music](https://www.hypebot.com/instagram-launches-dedicates-music-account-music/)
- ### [Jukely Adds $8 Million In Funding To Expand $25/Mo. Concert Subscription Service](https://www.hypebot.com/jukely-adds-8-million-in-funding-to-expand-25mo-concert-subscription-service/)
- ### [Deezer Exec Outlines Global Music Strategy](https://www.hypebot.com/hypebot/2015/04/-deezer-exec-outlines-global-music-strategy-music-business-podcast.html)
- ### [Jay Z Unleashes Tweetstorm Defending TIDAL](https://www.hypebot.com/hypebot/2015/04/jay-z-star-partners-defend-tidal-on-twitter-apple-reportedly-declares-war-.html)
- ### [$1 For 3 Months Of Spotify Premium Is Back, But With No Ads How Are Artists, Label Getting Paid?](https://www.hypebot.com/1-for-3-months-of-spotify-premium-is-back-but-with-no-ads-how-are-artists-label-getting-paid/)
- ### [TuneCore Paid $36 Million To Indie Musicians In First 3 Months Of 2015](https://www.hypebot.com/tunecore-paid-36-million-to-indie-musicians-in-first-3-months-of-2015/)
- ### [Live Nation Adds Bonnaroo To Portfolio Of 60 Top Music Festivals](https://www.hypebot.com/live-nation-adds-bonnaroo-to-portfolio-of-60-top-music-festivals/)
- ### [Twitter Names New Head Of Music](https://www.hypebot.com/twitter-names-new-head-of-music/)
- ### [Project Music Incubator Names 8 Startups To Class Of 2015](https://www.hypebot.com/project-music-incubator-choses-8-startups-for-class-of-2015/)
- ### [Tim McGraw Draws Fire From Gun Rights Groups Over Sandy Hook Benefit Concert](https://www.hypebot.com/tim-mcgraw-draws-fire-from-gun-rights-groups-over-sandy-hook-benefit-concert/)
- ### [Google, Amazon, Pandora, NPR Unite To Fight Better Pay For Musicians](https://www.hypebot.com/google-amazon-pandora-npr-unite-to-fight-better-pay-for-musicians/)
- ### [Spotify Vs. Tidal: Who Is Winning The User Experience War?](https://www.hypebot.com/ux-wars-spotify-vs-tidal/)
- ### [Recording Academy Reorganizes To Offer Stronger Grassroots Activism For Music Creators](https://www.hypebot.com/recording-academy-positions-itself-to-offer-stronger-grassroots-activism-for-music-creators/)
- ### [Indie Labels Take Over 50% Of Active Rock Chart](https://www.hypebot.com/indie-labels-take-over-50-of-active-rock-chart/)
- ### [Eco Revolution: Music Festivals Go Green](https://www.hypebot.com/the-music-festival-greening-revolution/)