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The streaming giant acquired the community-driven database platform as part of its new SongDNA feature

Over 100 industry leaders have made new appeals to the European Commission

Michael Rapino says that concerts are “underpriced”

Hollywood actor-turned-football mogul Ryan Reynolds also reportedly attempted to acquire the Fyre brand, but lost in a bidding war

The event at Under the K Bridge, Brooklyn, had been subjected to protest calls by NYC-based collective Boycott Room

A fundraiser has since been set up to help with lost fees

The letter argues that the acquisition represents a "serious risk", with UMG reportedly already controlling 40% of the recorded music market

The festival has said that it “respects the freedom of expression of its artists”