Sonam Rai

Facebook, Sony/ATV sign music licensing deal

(Reuters) – Sony/ATV said on Monday it signed a licensing agreement with Facebook Inc that will allow the social media platform’s users to upload and share videos from the music publishing company’s

Spotify reaches 70 million subscribers

(Reuters) – Music streaming service Spotify, which filed confidentially with U.S. regulators for an initial public offering on Wednesday, has 70 million subscribers, it said in a tweet on Thursday.