CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last seven days, including Wall Street’s panic at Spotify’s first financial report as a publicly listed company, the USA’s copyright beef with Canada, and Kanye West’s attempts to alienate all of his fans. Setlist is sponsored by 7digital.
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Stories discussed this week:
• Spotify share price dips 9% on back of first quarterly report
• Sony has offloaded about a half of its Spotify shares
• Canada still appears on US government’s copyright watch list
• Poop! Poop! Kanye West releases new music
• Doctor asks Kanye West not to use his image as album cover
• Kanye talks, and talks, and talks
In brief:
• Guitar maker Gibson files for bankruptcy
• Billboard decides 1250 streams equals one album sale (so long as the listener was paying)
• Abba record new music
Also mentioned:
• CMU Facebook bot
• CMU Insights at The Great Escape 2018
• Buy Chris’s new book on how streaming music services are licensed and where the money goes right here on Amazon
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