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 in Spotify and what we are building. So I am putting that belief into action this week by
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 to come into effect on June 1st, would require Bandcamp and other Android apps use Google Pay Billing and pay Google a share
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 have merged with a special acquisitions company to oversee their transition, with a current valuation of $1.13 billion. Deezer has been a
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 to celebrate the history and future of electronic music through multiple exhibits and immersive installations. The museum opened with an exhibition
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 of the major three labels to unveil this type of plan, with Sony and Warner having already laid out similar schemes. Plans for Universal’s
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 the first African DJ to win a Grammy in history. Black Coffee won for his seventh studio album, Subconsciously
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 Manager Noët All, will serve as leader of 10:22’s all-NFT virtual band, Kingship. The members of Kingship are all Bored
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. Launched for aspiring radio hosts, with AMP, users are able to curate playlists, plan live talk segments ,
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 they were being continuously logged out of the application, or that their account details were flagged as being incorrect. According to Variety, the issues reported
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 performers from Ukraine have signed the letter, which was released online on March 5th. The letter reads, “We, the representatives of the music community,
