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This Week In XR: Quibi Closing, Celebs Invest In Wave Music,...

Forbes reports: "The Weeknd invests in Wave after their collaboration on Tik Tok. Justin Bieber, J Balvin, Jillionaire and indie record label Top Dawg...

Twitch, Amazon Slammed by RIAA and Major Industry Groups for Using...

Variety reports: "Twitch, the rapidly growing livestreaming platform, and its owner Amazon received a blistering letter on Thursday signed by multiple major U.S. music...

YouTube revamps its mobile app with new gestures, video chapter lists,...

TechCrunch reports: "YouTube today is rolling out a series of updates to its player page on mobile devices. The changes relocate some elements, add...

Vevo Partners with Smart TV Solutions Provider Foxxum

Music Business Worldwide reports: "Music video platform Vevo has partnered with Smart TV solutions provider Foxxum, which will make Vevo’s catalog available on over...

Inside Supersphere’s Plan to Bring VR Concerts Into the Mainstream

Billboard reports: "The company's new platform, ArcRunner, promises to make VR experiences more attainable than ever." Read more

SoundCloud Rolls Out Snapchat Integration, with Facebook Stories Coming Soon

Music Business Worldwide reports: "SoundCloud has rolled out a new integration with Snapchat, which builds on last week’s launch of Sounds, a new feature...

Spotify Revenue Returns, Paid Subscriptions Hit 144M

Hypebot reports: "Spotify monthly active users hit 320 million in Q3 2020, as paid subscribers rose from 138M to 144M in the quarter." Read more

YouTube Just Generated $5bn From Ads in a Single Quarter –...

Music Business Worldwide reports: "There was a minute there when YouTube Music risked looking like a bit of an also-ran in the global streaming...

Hipgnosis Songs Buys Kobalt Music Catalog: 33,000 Songs for $323 Million

Billboard reports: "Hipgnosis Songs Fund Ltd. continues its acquisition binge by acquiring the Kobalt Music Copyrights Fund 1, which includes the song catalogs of...

Six Questions Answered From Spotify’s Third Quarter Earnings

Billboard reports: "Spotify, music's most scrutinized company, reported decent financials and fair podcast growth in its third quarter earnings last Thursday." Read more