Sony’s Stake in Spotify Challenged in Lawsuit Claiming Artists Are Robbed 

Sony is now being sued for self-dealing on the allegation that its equity position is harming 19 artists like Kelly Clarkson and Carrie Underwood. The lawsuit asserts that Sony negotiated the stake, and is also taking advertising income from Spotify, in lieu of demanding fair-market royalty rates from the streaming company. An additional claim for Read More …

Spotify downloaded over 5 million times on PlayStation devices 

Spotify said that the 5m downloads in such as short space of time “makes this the quickest launch adoption rate in PlayStation history”.Since launch, users have streamed over 785 million tracks on PlayStation 4 – equating to 42 million hours of listening. Source: Spotify downloaded over 5 million times on PlayStation devices – Music Business Read More …