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News May 24, 2017

Irving Azoff blasts YouTube study, Spotify hires specialist to help with acquisitions, and more

Irving Azoff blasts YouTube study, Spotify hires specialist to help with acquisitions, and more

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

Bruce Belsham, one of the ABC’s most respected editorial leaders and accomplished current affairs documentary-makers, has announced his intention to retire from the ABC at the end of June – via ABC

Drake
 has toppled Adele’s record for the most prizes in a single night at the Billboard Music Awards after he took home 13 this year. – via Standard

Spotify has hired an M&A specialist to help it buy other companies. – via CNBC

Kurt Deutsch Named SVP, Theatrical & Catalog Development for Warner/Chappell Music – via WMG

The Getaway Plan sell out The Corner in less than 24 hours, announce 2nd Melbourne show

Thy Art Is Murder announce 2017 tour – via TAIM

Call for musicians, bands and artists to play the 2017 Live N Local Festival – via Live N Local

A resurgent music industry is tempting Vivendi to cash in on Universal Music Group with a minority stake IPO, although there are no imminent plans. – via Fox

PPL and PRS for Music have appointed Suzanne Smith to the position of Managing Director at their joint venture for public performance licensing. – via RotD

Irving Azoff: ”YouTube is worth somewhere north of $90 billion… But they’d rather spend their money on dishonest studies to justify their measly payments than offer creators what they deserve.” – via Hits

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

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