Pandora requests better deal terms, Ryan Tedder sells 170 songs, and more
Here’s all the music industry news you need to know this morning.
Pandora Media has asked major record labels for money or better deal terms to help reverse losses and reduce pressure from impatient shareholders, according to sources. – via Bloomberg
Investment banking giant Goldman Sachs has begun tracking Live Nation’s financial performance, assigning the company’s stocks a ‘buy’ rating following a period of sustained growth. – via IQ
YouTube’s biggest star Felix “PewDiePie” Kjellberg is doing a weekly stream over at Twitch as part of Netglow — a brand he’s “wanted to create.” – via The Verge
Fans were unable to find Harry Styles’ debut single Sign Of The Times on Spotify due to a glitch on the search function. – via Sun
CD Baby Expands Major Latin American Footprint with Local Office In Argentina – via Hypebot
David Gest once hired a hitman to kill Sir Elton John, claims the late producer’s former bodyguard. – via NME
Netflix reaches 75% of US streaming service viewers, but YouTube has grown its reach to 53% – via TechCrunch
American singer-songwriter & guitarist Steve Gunn is coming to Australia in July for the first time on a soul expanding solo tour – via SteveGunn
Ryan Tedder sells 170 song copyrights to Downtown Music Publishing – via MBW
Coachella Organizer Was ‘Offended’ by the Festival Owner’s Anti-Gay Donations – via Vulture
Rag’n’Bone Man won International Male Artist and International Newcomer at Germany’s Echo Awards. – via Billboard
This article originally appeared on The Industry Observer, which is now part of The Music Network.