Here’s all the music industry news you need to know today.
Spotify is negotiating with TPG about the future of the private equity group’s investment in it, as it prepares to go public as soon as the fourth quarter. – via FT
BMG Production Music (BMGPM), the production music business of BMG, has acquired French independent AXS Music. – via RotD
Spotify appears to be readying itself for a launch in South Africa. – via DMN
“Hindsight – a Night For Simon“, to be held at the Factory Theatre on Sunday, December 3 for founding guitarist of revered Australian band The Hummingbirds, Simon Holmes – via The Brag
Tidal is now the 27th top-grossing app on the iOS App Store and the third-highest-grossing music streaming service, according to App Annie. – via Forbes
ABC releases new audio app: 45 ABC radio stations and audio networks – via Media Week
Virt-U announces world’s first blockchain based economic platform for virtual worlds. – via RotD