TMZ reports that Glassnote Records has filed a lawsuit claiming that Glover has received over $700,000 in streaming royalties since 2012 and hasn’t paid them their percentage of the earnings.
Tencent Plans Spinoff, U.S. Listing of Online Music Business — www.bloomberg.com
Chinese internet giant Tencent Holdings Ltd. is planning to spin off its online music entertainment business and list its shares in the U.S. through a public offering, the company said in a filing to the Hong Kong stock exchange Sunday.
Apple Music reportedly has more US subscribers than Spotify — www.engadget.com
Thanks to a Wall Street Journal report in February, we knew Apple Music was poised to overtake Spotify in terms of US subscribers this summer. Well, it reported…
Kobalt Music announced that Rian Liebenberg will be taking over as CTO, as Richard Thompson has decided to step down from the position. However, Thompson will continue to advise the company as emeritus CTO.
Drake reigns supreme as streaming music reaches new highs — nypost.com
Fueled by a 45 percent rise in on-demand streams, the amount of music Americans either bought or streamed during the first half of 2018 increased by 18 percent over the same period a year earlier, a report out Friday revealed.
Imogen Heap Talks Mycelia, Mi.Mu Gloves And Creative Passport Blockchain Project — www.forbes.com
Imogen Heap is trailblazing blockchain technology to redress the imbalance many musicians suffer. Actually getting paid for their work.
A recent survey by KaKao, the operator of the nation’s largest music streaming service, Melon, found that subscribers to the service used the “music recommendation function” 28 percent more often on rainy days than on sunny ones.
Indie Labels Now Account For 14 Billion Streams Per Month — music3point0.com
Indie labels now have a global reach has they now account for more than 14 billion streams a month, according to indie label association Merlin.
MIT's music AI can identify instruments and isolate their sounds — www.engadget.com
If you’ve ever played a YouTube video for what it seems like the thousandth time to listen to your instrument’s part of a composition, you’ll love MIT’s new AI….