Spotify

While streaming has helped the music industry recover after years of decline, a new report indicates that this upward trend is set to see a major boom.

The results aren't too shocking.

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"Illegal content or material that favors hatred or incites violence against race, religion, sexuality or the like is not tolerated by us."

After losing its third CEO in just two years in May, Jay Z’s streaming service Tidal has made its fourth hire in the lead role.

Jane Huxley, who resigned as Pandora's Managing Director, Australia & New Zealand in March, has taken the same role at Spotify.

News of Spotify’s growth comes as the company reportedly readies for a stealth “direct listing” on the New York Stock Exchange.