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Spotify CEO Rakes in $119 Million on Stock Sale as Artists Lament Stingy Royalties

By: David Ng Β·Β David Ng

Spotify CEO Daniel Ek has raked in nearly $119 million in a stock sale after recently overseeing the layoff of 1,500 employees -- a reduction that Ek himself acknowledged created a "significant" challenge" for the streaming company.

The post Spotify CEO Rakes in $119 Million on Stock Sale as Artists Lament Stingy Royalties appeared first on Breitbart.

Vinyl Records Outsell CDs for the Second Year in a Row

For the second year in a row,Β vinyl records have outsold CDs, solidifying their resurgence and popularity among music enthusiasts seeking physical media after tiring of the maze of streaming options.

The post Vinyl Records Outsell CDs for the Second Year in a Row appeared first on Breitbart.

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