Apple Music's Hip-Hop Programming Head Carl Chery Joins Spotify

Spotify

Spotify

It turns out the Swedish company will soon be stealing one of the most valuable people that helped Apple Music rise.

Carl Chery's reportedly leaving his position at Apple Music, Variety reports.

Check CNET on April 24 for complete coverage of the Spotify event. However, it looks like he'll be taking his talents over to a competing streaming service.

Recent news surfaced of a serious loss for Apple Music that will likely affect its performance.

Anti-judiciary speeches: SC issues notice to Nawaz, Maryam
The accused including former premier Nawaz Sharif, his daughter Maryam and son-in-law Captain (r) Safdar also appeared before the court.

Giant asteroid 2018 GE3 makes a surprise flyby past Earth on weekend
Andrew Cheng, who led the NASA mission during the year 2000-2001 told Fox News that "It doesn't take a very large object". The intensity of the light reflected off of 2018 GE3 indicates that it's between 157 feet and 360 feet wide.

Apple (AAPL) Position Reduced by Stock Yards Bank & Trust Co
The iPhone maker reported $3.89 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.82 by $0.07. It improved, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes.

This is the second high-profile departure from Apple Music in a week. An invitation to a Spotify event obtained by The Verge confirms major changes are coming to the mobile app as well.

Spotify claims that it benefits the music industry by drawing users away from piracy with its free service tier.

Leading digital music streaming company Spotify has revealed that it has acquired music licensing platform Loudr in the aim of improving its operations in regard to licensing and royalty payments. It's also being rumored that the company may announce its very first hardware product during the same event next week. It's too early to tell if Chery's departure will have a huge impact on Apple Music, which now has more than 40 million paying subscribers and is still on track to overtake Spotify this summer.

Carl Chery leaves Apple Music to join Spotify.

Latest News