This week's most important music industry stories in Canada.
Why just hang the plaque up for display when you can have a meal off of it?
The BTS star's Latto collaboration "Seven" was the fastest song to reach one billion streams in Spotify history.
"The Uruguayan government has issued much-needed clarification of the recent music copyright law changes," the streaming service said in a statement.
The group's re-signing lifted K-pop stocks while Spotify's share price enjoyed a double-digit increase, bringing the index's year-to-date gain to 26.9%.
CEO Daniel Ek wants Spotify to become "relentlessly resourceful." The company's financial results showed it was becoming less efficient as it led the music industry's renaissance.
The executive will remain in his position until March 31 and an external search for his successor is underway.
The data comes from Spotify The post
The company's announcement that it would cut 17% of its global workforce added $2.6 billion to the streaming giant's market capitalization.
