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The Latest Music News

Vivendi’s Sale Of Umg Enters ‘indefinite Pause’ As Fire Crisis Worsens

  June 26, 2019

Vivendi’s planned sale of a portion of Universal Music Group may be delayed substantially into 2020, according to sources to Digital Music News. Last week, Vivendi SA suspended its planned sale ...

The Latest Industry Gigs: Republic, Spotify, Livexlive, Beats, Youtube, Partisan, Eventbrite, More

  June 26, 2019

Here’s a wrap on the latest music industry hirings, firings, retirings, and promotions. If you have a job listing to share, we’re all ears. Send us a note to [email protected] If you’d ...

Another Major Spotify Executive Is Jumping Ship — Global Head Of Sales Brian Benedik

  June 26, 2019

Spotify’s Global Head of Sales — Brian Benedik — will be departing the company later this fall. At present, Spotify doesn’t have a clear replacement but is actively seeking to fill the ...

Guggenheim Partners Is Extremely Bullish On Spotify’s Podcast Expansion, Citing App Install Increases

  June 26, 2019

While Spotify struggles to become a profitable company, a number of Wall Street analysts see podcasts as a safe bet. Spotify’s most recent financial results emphasized just how much of a focus p ...

Nmpa Files A Motion To Dismiss Peloton’s “baseless Antitrust” Counterclaim

  June 26, 2019

Several months ago, over ten music publishers, including the NMPA and Downtown Music Publishing, filed a $150 million lawsuit against Peloton. The fitness technology company was accused of skipping o ...

Amoeba Music Will Get Torn Down To Make Way For A 26-story Complex; New Location Still Unknown

  June 26, 2019

Four years ago, GPI Companies purchased Amoeba Music for $34 million. The legendary Los Angeles record store currently sits on Sunset Blvd.  Years after the purchase, however, Amoeba’s owners – M ...

Another Major Spotify Executive Is Jumping Ship — Global Head Of Ad Sales Brian Benedik

  June 26, 2019

Spotify’s VP Global Head of Ad Sales — Brian Benedik — will be departing the company later this fall. At present, Spotify doesn’t have a clear replacement but is actively seeking to fi ...

Judge Refuses To Toss A Shocking $6.6 Million Verdict Against Yo Gotti

  June 26, 2019

A judge in North Carolina has refused to dismiss a $6.6 million judgment against Yo Gotti — for bailing on a deal. This comes a month after Forsyth Superior Court judge Todd Burke ruled against the ...

Universal Music Faces A Growing Chorus Of Artist Complaints Over Its Handling Of The 2008 Universal Studios Fire

  June 26, 2019

Over ten years ago, several workers at Universal Studios Hollywood made a huge blunder.  Universal Music Group committed a much greater one. To repair a building on a set, the workers had decided to ...

Judge Refuses To Toss $6.6 Million Verdict Against Yo Gotti

  June 26, 2019

A judge in North Carolina has refused to dismiss a $6.6 million judgment against Yo Gotti. This comes a month after Forsyth Superior Court judge Todd Burke ruled against the rapper.  He awarded the a ...