Spotify CEO: "I was too ambitious in investing ahead of our revenue growth." Streaming co cuts 6% of global staff billboard.com/pro/spotify-la… via @billboard
Amazon Music Now Offers 100 Million Songs to Prime Members—a 4,900% increase in songs that Prime members will be able to hear ad-free on shuffle. billboard.com/pro/amazon-mus… via @billboard
Investors are betting that if Apple Music can raise prices when U.S. consmer sentiment is in the dumps, then so can Spotify, Amazon, the list goes on... billboard.com/pro/apple-musi…
I love this--the U.S. music industry has always been called recession proof. Maybe not as much as #kpop? As Music Stocks Keep Slipping, This One K-Pop Company Is Bucking the Trend billboard.com/pro/music-stoc… via @billboard