Monday, March 4, 2019

Warner Music's lawsuit against Spotify in India underscores music labels' worry over music streaming services doing more direct deals with artists in the future (Peter Kafka/Recode)

Peter Kafka / Recode:
Warner Music's lawsuit against Spotify in India underscores music labels' worry over music streaming services doing more direct deals with artists in the future  —  Big Tech and Big Music are used to being frenemies.  Now things are getting feistier.  —  The music business is booming, for real.



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...