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Red Hot Chili Peppers seeking $350M in masters catalog sale, with WMG leading the bid (report)
If a deal is sealed at that price, the band will have amassed some $500 million for their recorded music and publishing rights Source...

Daniel Ek has now cashed out $666M in Spotify stock, with his latest transaction banking $31.5M
Latest transaction comes just days after Spotify's stock hit a new all-time high Source...

TuneCore launches new ‘Advanced Trends and Analytics’ dashboard for for self-releasing artists
The new dashboard features cross-platform performance tracking and real-time engagement metrics, among other functions Source...

Sony Music asks court to dismiss copyright lawsuit filed by Patrick Moxey’s Ultra Music Publishing
Lawsuit was filed in November Source...

Court orders identity of 100 alleged music pirates to be revealed in record companies’ lawsuit against Altice USA
The RIAA has been dragged into a lawsuit pitting dozens of music companies against a major US internet provider Source...

Warner Records strikes strategic partnership with Hip-Hop & R&B exec Tim Hinshaw to launch Free Lunch Records
Ericka Coulter named General Manager of Free Lunch Records Source...

Spotify Singles franchise hits 10bn streams
Over 750 artists from 45 countries have created more than 1,000 unique recordings under the Spotify Singles program Source...

Reservoir acquires UK dance/electronic label New State – including recorded music catalog of 13,000+ tracks
Newly-signed New State artists, along with some legacy names, will benefit from marketing and promotion by Reservoir-owned Chrysalis Records Source...

Lady Gaga tops 123m monthly listeners on Spotify, breaking record for largest monthly audience achieved by a female artist on the platform
With 123.7 million monthly listeners, Lady Gaga now sits behind only Bruno Mars and The Weeknd in Spotify’s overall rankings Source...

Richard N. Baer appointed Executive VP, General Counsel and Secretary at SiriusXM
Baer previously served as Chief Legal Officer at Airbnb, Liberty Media, and UnitedHealth Group Source...