Those streaming milestones just keep on getting destroyed, don’t they? Universal Music Group’s recorded music streaming revenues are dead cert to blast through the $2bn barrier in the calendar year of 2017.
An Australian law firm has confirmed it is investigating the possibility of launching a class action lawsuit in relation to failed streaming service Guvera, with private equity outfit AMMA and a number of accountancy firms it had relations with the likely defendants.
Music streaming service Spotify Ltd is moving to a new London office in order to double its workforce over the next two years, focusing on roles including engineering, data and machine learning.
Maroon 5 is one of several A-list bands to incorporate fan-generated video into its social media strategy, most recently for its Billboard 200 No. 2-charting album Red Pill Blues.