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

Bluesfest has once again been recognised by music industry giant Pollstar with a nomination for ‘International Music Festival of the Year’ for their 2017 festival. The nod comes hot on the heels of Bluesfest winning the NSW Tourism award for Best Major Festival and Event – via  MWM

Over 450 victims of the Las Vegas massacre have signed on to several lawsuits seeking damages from the Mandalay Bay Resort and Casino, as well as the promoters of the Route 91 Harvest Festival – via RS

SoundCloud Adds New Creator Stat To Track Algorithmic Recommendations – via Hypebot

Mariah Carey hopes to be under new management by Jay-Z’s Roc Nation in an effort to get her career back on track – via Vulture

Universal Music Group Valued At $40 Billion, says CEO, As IPO Speculation Mounts – via Hypebot

Former BMG Chairman John Preston Dies at 67. A Facebook post suggests cause of death was a brain haemorrhage. Annie Lennox & Dave Stewart Lead Music Industry Tributes – via Billboard

Vevo has released its complete dscvr Artists to Watch list for 2018. They are:

Billie Eilish, Yxng Bane, J.I.D, Superorganism, Lewis Capaldi, IAMDDB, Au/Ra, Avelino, Ashe, ALMA, Jillian Jacqueline, Kojo Funds, Ella Vos, Tayá, EarthGang, Pale Waves, Feid, Col3trane, Smino and Sigrid.

Universal Music Australia hosted “MUSIC + VISION” yesterday, a panel discussion on commercial music Licensing for TV, Film & Advertising and yesterday explored the creative process behind music selection and placements.

Universal Music Enterprises, the global catalogue division of Universal Music Group (UMG), today announced the launch of Urban Legends – a new imprint and cross-platform initiative devoted to the curation and celebration of over three decades of urban catalogue music and culture. – via UMG

The mobile app of a leading Russian music streaming service, Yandex.Music, has landed the country’s biggest non-game mobile app in revenue, based on sales in App Store and Google Play, according to a recent report by App Annie. – via Billboard

The UK’s Intellectual Property Office has published advice on so-called ‘Illicit Streaming Devices’. – via TorrentFreak

Former Spotify Premium users can get three months for $9.99 with the streaming platform’s holiday offering – via Hypebot

On Spotify, artists can now make their Artist’s Pick a tour announcement, which lasts until the tour ends, while also choosing their own image to go alongside whatever they have picked – via Spotify

Tencent becomes the first Chinese tech firm valued over $500B – via TechCrunch

Victoria Beckham has confirmed she is not taking part in a Spice Girls reunion. – via Metro

Selena Gomez Debuts ‘Phenom’ Sneaker Collaboration With Puma – via Billboard

RZA suing dog-walking company Woof Tang Clan over trademark – via Brooklyn Vegan

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