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Spotify Explains Why It Is Backing Facebook’s Libra Cryptocurrency

Billboard reports: "Spotify has signed on as an early backer of Facebook's planned cryptocurrency Libra, citing a "massive opportunity for simple, convenient, and safe...

Genius Accuses Google of Displaying Copied Lyrics: ‘It’s Clearly Unfair and...

Billboard reports: "Lyrics website Genius Media has a bone to pick with Google over the lyric cards that appear right above their site in...

Spotify now allows advertisers to specifically target podcast listeners

The Verge reports: "Spotify announced today that advertisers can now target ads based on the podcasts that people listen to. This means that unlike...

Spotify’s officially separating podcasts and music in premium users’ libraries

The Verge: "After at least a month of testing, Spotify is rolling out an updated library look for its premium users that will separate podcasts and...

Online Music Marketplace BeatStars Has Paid Out More Than $50M to...

Billboard reports: "Global music marketplace BeatStars, where Lil Nas X found his "Old Town Road" beat, has paid out more than $50 million to producers...

Redpill VR and Sensorium will bring music experiences to social VR

VentureBeat reports: "Redpill VR and Sensorium have teamed up to bring music experiences to social virtual reality. Under the strategic partnership, the technical prototype of the SVR experience...

Revenue Per User To Fall 25% Even As Streaming Grows In...

Hypebot reports: "The global recorded music business brought in $19.1 billion in revenue in 2018, according the IFPI. By 2030, that number will grow...

Copyright Office Set To Make Album Registration Easier

Hypebot reports: "The US Copyright Office has been lagging behind the times for awhile now, but is finally beginning to catch up, with some...

BTS’ Agency Big Hit Entertainment Valued Over $1B, According to Think...

Billboard reports: "Big Hit Entertainment, the agency behind K-pop titans BTS, is worth over $1 billion in corporate value, according to a the Hyundai Research...

Spotify launches its lightweight listening app Stations in the US

TechCrunch reports: "Spotify Stations, the streaming service’s lightweight listening app offering easy access to curated playlists, has arrived in the U.S. The app has been...