Flash News: Canadian rapper Drake lands third No. 1 album on Billboard chart By Piya Sinha-Roy LOS ANGELES (Reuters) - Rapper Drake vaulted straight to No. 1 on the weekly Billboard 200 album chart on Wednesday, as his latest album garnered the second-largest sales week of the year so far. "Nothing Was the Same," the third studio album from the Canadian rapper, sold 658,000 copies in its first week, according to figures from Nielsen SoundScan. Only Justin Timberlake's "The 20/20 Experience," which opened with 968,000 copies in March, outsold "Nothing Was the Same" in a one-week period. All three of Drake's studio albums have debuted at No. ...
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Flash News: Australian streaming music player Guvera plans $58 million IPO By Byron Kaye MELBOURNE (Reuters) - Australian music streamer Guvera Ltd, which competes with Apple Inc, Spotify Ltd and Pandora Media Inc, said it plans to raise up to A$80 million ($58.05 million) in a listing to bankroll an ambitious expansion in developing markets. In a listing prospectus lodged on Wednesday, the company with operations from India to Russia said it aims to sell 80 million shares for A$1 each to fund growth in emerging markets.
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