Daniel Ek plans to buy $50 million in Spotify shares
Daniel Ek, founder and CEO of Spotify, has announced he plans to buy $50 million in Spotify shares. In a recent Tweet, Ek said: “I’ve always been vocal about my strong belief i
Epic Games sue Google over policy change that could affect Bandcamp
Epic Games is suing Google over changes to its payment system on Android which would affect its new acquisition Bandcamp, reports Resident Advisor. The proposed changes, scheduled
Deezer enters deal to go public with $1.13 billion valuation
Music streaming service Deezer has reportedly entered into a deal to take the company public. According to The Wall Street Journal, the French streaming giant reported that they ha
Frankfurt’s Museum of Modern Electronic Music under fire for lack of inclusivity
The Museum of Modern Electronic Music (MOMEM) had its long awaited opening in Frankfurt on April 6th following multiple delays. The museum, which was first announced in 2015, looks
UMG launches scheme to pay royalties to legacy artists with unrecouped advances
Universal Music plans to launch an unrecouped advances program for legacy artists to receive royalties without having recouped their initial advance payments. Universal is the last
Black Coffee makes history with monumental Grammys win
Black Coffee made history at the 2022 Grammy Awards last night after winning the Best Dance / Electronic Music Album category, becoming the first African DJ to win the category and
UMG and 10:22 purchase new NFT for $361k as part of ongoing Kingship project
In an update on Universal’s 10:22 label’s NFT project, it has been announced that the label has acquired the NFT Bored Ape #5537 for near $361k. The new character, named Manage
Amazon launches new live radio app, AMP
Amazon have launched an interesting new app called AMP. The app, which is only available to Amazon users in beta form, allows users to curate and stream their own live radio shows.
Spotify experiences widespread technical issues
Streaming giant Spotify went down last night, according to multiple reports from users. The site experienced access issues and widespread technical problems. Users reported that th
Ukraine electronic music scene issues open letter against Russian aggression
The Ukraine electronic music scene has penned an open letter condemning Russia, asking for global support in the fight against Russian aggression. Multiple venues, promoters, and p
