The Billboard Global Music Index dropped 0.9% to 1,828.20 this week as some of its most valuable stocks lost ground.
As Spotify, Universal Music Group, Live Nation and more prepare to unveil their latest results, here’s what to expect – and what to watch out for.
Less than two months after suing Spotify for bricking the short-lived devices, a group of jilted consumers have withdrawn their case.
The streaming service says the artists "met the threshold for removal" by violating its "content policies or local laws."
In May, the Spotify CEO said that "the cost of creating content is almost zero." Now, the DJ/producer and his manager, Dean Wilson, are speaking out against the streamer.
Priced at $10.99, the new tier costs $1 less than the service's premium individual plan, which includes 15 hours of audiobook listening per month.
She follows only The Weeknd and Taylor Swift to reach the milestone.
Compared to when Spotify announced HiFi three years ago, the subscription market is larger and the high-definition audio market has matured.
