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Spotify files for its IPO

”Music streaming giant Spotify confidentially filed IPO documents with the SEC at the end of December, Axios has learned from multiple sources,” Dan Primack reports for Axios. 191 more words

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Tesla looks to create an Apple Music rival

”Put this one in the ‘You can do that, but why would you want to do that?’ file: Tesla is talking to the music industry about creating its own streaming music service,” Peter Kafka and Johana Bhuiyan report for Recode. 96 more words

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Apple may seek to pay labels less as Apple Music subscriptions rise

”Apple Inc. is seeking to reduce record labels’ share of revenue from streaming, part of negotiations to revise the iPhone maker’s overall relationship with the music industry, according to people familiar with the matter,” Lucas Shaw and Alex Webb report for Bloomberg. 410 more words

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