Pandora Media has asked major record labels for money or better deal terms to help reverse losses and reduce pressure from impatient shareholders, according to sources. – via Bloomberg
Investment banking giant Goldman Sachs has begun tracking Live Nation’s financial performance, assigning the company’s stocks a ‘buy’ rating following a period of sustained growth. – via IQ
YouTube’s biggest star Felix “PewDiePie” Kjellberg is doing a weekly stream over at Twitch as part of Netglow — a brand he’s “wanted to create.” – via The Verge
Fans were unable to find Harry Styles’ debut single Sign Of The Times on Spotify due to a glitch on the search function. – via Sun
CD Baby Expands Major Latin American Footprint with Local Office In Argentina – via Hypebot
David Gest once hired a hitman to kill Sir Elton John, claims the late producer’s former bodyguard. – via NME
Netflix reaches 75% of US streaming service viewers, but YouTube has grown its reach to 53% – via TechCrunch
American singer-songwriter & guitarist Steve Gunn is coming to Australia in July for the first time on a soul expanding solo tour – via SteveGunn
Ryan Tedder sells 170 song copyrights to Downtown Music Publishing – via MBW
Coachella Organizer Was ‘Offended’ by the Festival Owner’s Anti-Gay Donations – via Vulture
Rag’n’Bone Man won International Male Artist and International Newcomer at Germany’s Echo Awards. – via Billboard
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Music industry headlines: March 8, 2017
Written by Poppy Reid on Mar 08, 2017
Here’s the music industry news you need to know this morning.
After artist backlash, SXSW will remove controversial immigration clause in 2018 contracts – full story on The Verge
Warner/Chappell expands in Germany with new A&R-focused Berlin office – full story on MBW
Spotify acquires UK startup Sonalytic to help improve publishing data – full story on MBW
George Michael died of natural causes. “Dilated cardiomyopathy with myocarditis and fatty liver” according to the autopsy – full story on Brooklyn Vegan
BMG moves distribution of 8,000 albums to Warner’s ADA – full story on MBW
Twitter’s Moments get their own analytics – full story on TechCrunch
Ditto Music expands in the US with new Los Angeles office – full story on MBW
R.E.M signs US performance rights deal with SESAC – full story on MBW
11 original paintings from Pink Floyd’s The Wall to go on exhibit, put up for sale through the San Francisco Art Exchange – full story on CoS
Paris Jackson has signed with WME in all areas – full story on Billboard
Marcc Rose and Wavyy Jones cast as the title characters for USA Network’s forthcoming TV series, titled Unsolved: The Murders of Biggie and Tupac – full story on XXL
Twitter’s former head engineer is now helping Larry Page build self-flying cars – full story on Business Insider