Stream-ripping is the most prevalent form of music piracy in the States, the world's third largest market for piracy, according to a report from MUSO.
Outgoing chief Michael Weissman is leaving the company, while Fred Wilson will replace founder Alexander Ljung as chairman of the board.
“They attract a younger demographic, and this gives us another way to connect our brands and the artists we support with younger fans," says one OEG exec.
The service will launch in late March with the world’s “largest classical music catalog” boasting over 5 million tracks.
The three men are accused of first-degree murder in the 2018 robbery outside a Florida motorcycle shop.
The average number of paid subscriptions reached 92 million, helping buoy the industry to a seventh straight year of growth.
The Main Street Armory hosted the show featuring GloRilla and Finesse2tymes on Sunday night.
During an appearance at a Morgan Stanley conference Wednesday, Robert Kyncl said companies that haven't raised prices are contributing to the undervaluing of music.
The Middle East-based music streaming company says it expects to become profitable later this year.
A slew of new and updated features represent "the biggest" transformation the platform has undergone in a decade, said CEO Daniel Ek.
