CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last seven days, including the closure of the NME magazine, Spotify’s impending stock market listing, and the latest Viagogo dissing. Setlist is sponsored by 7digital.
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Stories discussed this week:
• NME to ditch print magazine after 66 years
• Spotify files for public stock market listing
• Spotify to livestream investor pitch
• Universal to share Spotify equity loot with artists, Sony with distributed labels too
• New Zealand regulator asks whether buying tickets from Viagogo is “worth the risk”
• Ad industry regulator demands some clarity from the secondary ticketing sites
In brief:
• Apple phases out iTunes LP sparking new ‘downloads are doomed’ chatter
• Billy McFarland pleads guilty to Fyre Festival fraud, facing 40 years but hoping for ten
• Martin Shkreli may have to give up Wu-Tang album as part of fraud conviction
Also mentioned:
[from http://ift.tt/2lvivLP]
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