Here’s all the music industry news you need to know this morning.

Sean ‘Diddy’ Combs has topped the latest Forbes list after reportedly earning $130m (£102m) in the last year. Beyonce took the second place while husband Jay Z only reached No.55. – via Mirror

Pandora has launched Carat Radio – Powered by Pandora, its second in-agency radio station, as an extension of its Pandora for Business offering.

Universal Music UK has appointed Ross Sellwood as Managing Director of Globe: Soundtrack & Score. – via RotD

Boy George To Play A Headline DJ Set At Ministry of Sound Pool Club on Saturday, July 1st – via MoS

Label and publisher Modern Sky UK, a new division of Chinese independent Modern Sky Entertainment, has signed a sub-publishing deal with Sentric Music. – via RotD

Angie McMahon will be awarded a $7500 grant to kick-start her music career as the winner of the Josh Pyke Partnership.

What does it mean to ‘know’ a pop star? In search of the real Harry Styles – via Brag

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Rat Boy is to be the next Vevo Lift act, as the site features his live performances and behind-the-scenes videos. – via RotD

Queen + Adam Lambert Tour Announced – via Telstra

Mullum Music Festival announces first line-up for 2017 – via MMF

Merlin is paying out the equivalent of nearly $1m a day to independent labels – via MBW

Warner Music France boss Thierry Chassagne honored as Knight of the National Order of Merit – MBW

Performing rights organization ASCAP and YouTube have signed a multi-year agreement for US public performance rights and data collaboration. – via Hypebot

Twitter chatbots can now include buttons that push you to tweet, follow, click & more – via TechCrunch

There is a pattern of songwriters having to chase after Spotify to receive proper credit and compensation.- via Hypebot

Yours & Owls Festival: the inside story of a springtime spectacle – via Brag

Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer resigns – via TechCrunch

Tim Cook confirms that Apple is working on software for self-driving cars – via The Verge

Apple posts second ‘Can’t Stop, Won’t Stop: A Bad Boy Story’ trailer ahead of June 25 release – via Apple Insider