Spotify settles with Wixen, bringing $1.6bn lawsuit to…

Wixen’s $1.6bn lawsuit against Spotify is over, with the digital service paying an undisclosed settlement sum to bring proceedings to a close. US-based independent publisher Wixen sued Spotify in December last year, claiming that Daniel…

Spotify’s market cap sinks below $20bn for the…

Spotify’s valuation continues to be eroded on the New York Stock Exchange. The firm’s share price hit an all-time day-end low of $114.53 yesterday, and at time of publication today (11.11am ET, December 21), it’s…

iHeartMedia strikes deal to separate itself from Clear…

iHeartMedia, Inc. and Clear Channel Outdoor Holdings, Inc.  have reached an agreement on the material terms to fully separate CCOH’s business from iHeartMedia, which currently owns 89.1% of CCOH’s outstanding common stock. The separation is…