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Daniel Ek has now cashed out $800m+ in Spotify stock, with his latest transaction banking $28.8m
Ek offloaded 50,000 shares on Wednesday at $576.94 per share, according to an SEC filing Source...

‘If we don’t step up now, the platforms we depend on will become even more toxic.’
The following MBW op/ed comes from Deviate Digital founder Sammy Andrews Source...

Jimmy Page sued for alleged copyright infringement over ‘Dazed and Confused’
Singer-songwriter Jake Holmes says Page violated an agreement that recognized Holmes as the creator of the original version of 'Dazed and Confused' Source...

Create Music Group acquires again, swooping for indie electronic label Monstercat
Create plans to invest additional $50m over the next two years in artist development, artist advances, and platform support across Monstercat’s roster Source...

Sara Nix and Joe Mortimer named Co-Heads of Creative at Capitol Music Group
Nix joins Capitol after six years as Executive Producer at Partizan, while Mortimer previously served as Creative Director at Astralwerks Source...

YouTube is testing a Spotify Duo-like subscription tier in India, France, Taiwan and Hong Kong (report)
The video giant is reportedly testing a new “two-person” subscription tier targeting couples, roommates, or any two individuals in a household Source...

Trump signals willingness to extend TikTok ban deadline again
US President signals ban extension during NBC interview Source...

Apple approves Spotify’s app update in the US after Epic Games court ruling
The development follows a court ruling that found Apple violated a 2021 injunction that banned it from imposing anticompetitive pricing Source...

Merlin joins Music Fights Fraud Alliance to tackle streaming fraud
Shortly before joining the alliance, Merlin appointed Sarah McNabb as its first Director of Content Integrity Source...

Global Citizen launches initiative to fight poverty through music, backed by Universal Music Group
The Music Economy Development Initiative will carry out research on music ecosystems and encourage investment in less-developed countries Source...

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