Here’s all the music industry news you need to know today.

iHeartRadio Australia launched two new radio stations. Planet Oz, featuring the best of Australian music and The Showdown which will provide the ultimate soundtrack for some of the country’s biggest events on the sporting calendar. – via iHeartRadio

Vimeo is making a move into live streaming. The ad-free video platform has acquired technology provider Livestream to power its own live video business. – via Billboard

Spotify Now Valued At $16 Billion By Investors – via Hypebot

Cardi B has become the first female rapper in 19 years to top the US charts. – via BBC

Peermusic inks deal to sub-publish Big Deal Music in multiple territories – via MBW

Michael Jackson’s production company MJJ Productions had hoped to cut the $9.4m awarded to producer Quincy Jones for music used in the documentary This Is It, but a judge has rejected the claim. – via NYPost

Stormzy has released a new film, Gang Signs & Prayer, exclusively on YouTube.

Imagem Music UK has announced a multi-year worldwide publishing agreement with artist Lyra. – via RotD

Hudson Ballroom are hosting a How I Met Your Mother long weekend party – via The Brag

UMPG veteran Gary Miller joins ex-boss David Renzer at Spirit Music Group – via MBW

Meghan Trainor to Produce, Write Music for ABC Girl Group Drama – via Billboard

Katy Perry to Release Feature-Length Special on YouTube Red – via Billboard

Temasek, a Singapore-based investment company, has acquired a stake in entertainment and sports agency Creative Artists Agency. – via Billboard

London-based singer/songwriter and producer Rationale has signed a worldwide deal with Warner/Chappell Music. – via RotD

Alibaba beats Google for IaaS market share, with IBM out of sight – via The Register

Jay-Z, Cardi B, Chris Brown, Jennifer Lopez, and More to Perform at TIDAL Benefit Concert – via SPIN

Harry Styles has released the first ever UK version of ‘Spotify Singles’, the hub containing hundreds of studio sessions and live performances from artists recorded exclusively for Spotify. – via RotD

Spotify’s New York HQ in the World Trade Center will cost more than $566m for a 17-year lease. – via DMN

Nashville-based music tech company Remix Hits has announced the creation of a hit song ‘stem marketplace’ so DJs can create new mixes. Sony Music has signed a deal to offer stems. – via DMN

Google has suddenly removed YouTube access from the Amazon Echo Show device. – via TechCrunch

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