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

Concert Promoter Live Nation Issues Statement On Las Vegas Tragedy:

We are heartbroken over the tragedy that took place at the Route 91 Harvest festival. To think that anyone would want to inflict harm on a gathering of music lovers is beyond our comprehension. 

And while we are stunned and grieving over this incomprehensible act of violence, we know that this is a moment when we must come together to prevent more tragedies like this from occurring. 

Live Nation will do everything in our power to support the victims and their families through the aftermath of this horrendous event and extends our deepest gratitude to the heroic first responders who helped save as many lives as possible. To our Live Nation on-site employees, we cannot thank you enough for your bravery and perseverance over the past 24 hours and will ensure you have the resources and support necessary to heal from this.

At least 59 people have been confirmed dead in what has been described as a mass shooting at a music festival in Las Vegas. – via ToneDeaf

Glassnote’s Resolved Records invests in Spacebomb Group – via MBW

Shazam made £40.3m in revenues last year, returning it to growth but raising questions about its billion-dollar valuation. – via Telegraph

Spotify Partners With NS2 For Self-Service Ad Platform Test – via Hypebot

Cher sues LA billionaire Patrick Soon-Shiong, accusing him of stock sale fraud. – via LATimes

Marilyn Manson Cancels 9 Tour Dates After Giant Gun Prop Collapses on Him Mid-Performance – via Vulture

HMV has posted operating profits of more than £10m for last year, despite sales falling from £325m to £300m. It’s in talks about rolling out its online business internationally – via Telegraph

KPMG hires former Virgin CCO Mark Hassell – via AdNews

Aaron Bay-Schuck, president of A&R at Interscope Geffen A&M will joinWarner Bros. Records in a senior role, according to sources. – via Billboard

Google scraps controversial policy that gave free access to paywalled articles through search – via The Verge

Former Columbia Records, Virgin Records executive and Higher Ground MD Mick Clark died suddenly in hospital on Friday, aged 61. – via RotD

Music + Sport backs The A&R Awards in association with Abbey Road Studios – via MBW

The O2 Arena, the Manchester Arena, the Genting Arena in Birmingham and the SSE Hydro in Glasgow are pledging to enforce Metallica’s crackdown on ticket touts. – via DailyRecord

Despacito is about to hit four billion YouTube views. – via Midia

The Because Group have acquired the back catalogue of The Beta Band. – via RotD

Watch Macklemore perform the powerful ‘Same Love’ at NRL Grand Final – The Brag

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