Here’s the music industry news you need to know this morning.

1. Online ticket marketplace Vivid Seats is looking to sell for $1.5 billion – via TechCrunch
2. Damon Albarn and Noel Gallagher team up on Gorillaz track ‘We Got The Power’ – via Fact Mag
3. Max Lousada, the head of Warner Music‘s UK operation — who helped develop the career of Ed Sheeran and shepherded Coldplay and other acts — is in talks to run all of Warner’s recorded music – via New York Post
4. Warner Music bolsters Korea operation with local hip-hop label Brand New Music – via MBW
5. Genius quietly laid off a quarter of its staff, with the bulk of the cuts coming from the engineering department. – via The Verge
6. Beats 1 host Zane Lowe sees a future with multiple Apple-hosted live radio stations – via AppleInsider
7. Kanye West collaborator confirms ‘Cruel Winter’ is “really done” – via NME
8. US internet-radio service Slacker Radio says it is on the verge of turning a protfit, with CEO Duncan Orrell-Jones criticising the ‘unsustainable’ business models of Pandora and Spotify. – via MusicAlly
9. YouTube’s automatic captioning system can now describe sound effects – via TechCrunch
10. Iggy Azalea’s Latest Comeback Single ‘Mo Bounce’ Has Landed – via Vulture
11. Chuck Berry sales spike 9,000% posthumously. – via USAToday
12. iHeartRadio Passes 100M Users, Adding 10M In Just 7 Months – via Hypebot
13. Chuck Berry left behind an estimated $50m estate. – via Billboard
14. Russia’s Eurovision contestant has been banned from this year’s show by Ukraine because she performed in Crimea. – via BBC
15. Plans for a David Bowie lightning bolt memorial in Brixton have been scrapped after raising just £50,000 of its £900,000 target. – via BBC
16. Warner/Chappell signs up to SESAC and SUISA’s multi-territory Mint service for iTunes – via MBW
17. United Talent Agency (UTA) today announced it has promoted nine agents to partner status. Sarah Clossey, Steve Cohen, Gueran Ducoty, Charles Ferraro, Pete Franciosa, Allan Haldeman, Keya Khayatian, Tim Phillips and Jo Yao all join UTA’s 44 partners—representing a 20% expansion of the agency’s top ranks. – via RoTD
    
18. Tencent leads $350M investment in Chinese photo/streaming app Kuaishou – via TechCrunch
19. Blondie have reunited with Blood Orange for their next single. – via Fact Mag

This article originally appeared on The Industry Observer, which is now part of The Music Network.