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Business News Digital Labels & Publishers Legal Retail Setlist
Setlist: Spotify, Universal, UK music consumption stats
By Andy Malt and Chris Cooke | Published on Monday 8 January 2018
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from over the Christmas break, including Wixen Music Publishing’s $1.6 billion lawsuit against Spotify, Universal’s new deals with YouTube and Facebook, plus stats on what UK music consumers were streaming and buying in 2017. Setlist is sponsored by 7digital.
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Stories discussed this week:
• Wixen sues Spotify for $1.6 billion in wake of Music Modernization Act
• Universal and Sony sign new deals with YouTube
• Universal signs licensing deal with Facebook
• Streaming boom ensured growth in recorded music and entertainment retail at large in 2017
• Bandcamp puts the spotlight on cassette revival with end-of-year stats
In brief:
• Spotify boasts 70 million subscribers as stock market listing looms
• Film set amidst Bataclan attack put on hold
• MCPS begins IMPEL spin-off
Also mentioned: