Facebook users can now legally upload/share UGC videos featuring licensed music
Facebook just made its first move in music. The social media giant, indeed, announced that its users can now legally upload and share UGC videos…
SoundCloud CEO Kerry Trainor says the streaming platform is "in a much clearer place now"
Good news for Soundcloud. This time last year, the platform was in hot water and - after an annual loss of $82m in 2016 - spent the summer of 2017…
Apple has a new global music publishing division headed by Elena Segal
Cupertino giant Apple just launched a new internal division dedicated to music publishing and music publishers. According to a report by Music…
Pandora acquires ad-tech firm AdsWizz
Pandora just paid $66.3m in cash plus 9.9m shares of its common stock for digital-audio ad-tech company AdsWizz. And if certain milestones are hit…
Sony to buy additional 60% stake in EMI Music Publishing
Sony announced a deal with Mubadala Investment Company to acquire the latter’s 60% stake in EMI Music Publishing’s parent company DH Publishing…
YouTube music subscription service to be launched on May 22nd
The new YouTube music subscription service – formerly codenamed "Remix" – has been confirmed and will launch in five markets on May 22. YouTube…
YouTube adds credits to millions of songs
YouTube added to more than half a billion videos credits covering songwriter, label and publisher data. The Google/Alphabet platform also announced…
Report: how many shares the major labels and Merlin bought in Spotify and what they are worth now
An in-depth report posted by "Music Business Worldwide" gives an overview on tne present of Spotify and uncovers some very juicy details regarding…
Warner secretly launched its own digital distribution platform for self-releasing artists
According to a report by Music Business Worldwide, Warner secretly launched its own digital distribution platform for self-releasing artists –…
Instagram starts Eventbrite partnership
Instagram entered the ticketing world: indeed, users can now buy tickets from within its app to certain live events – with the Life Is Beautiful…
YouTube’s new ad deal with Vevo details unveiled
As already reported, YouTube signed a new advertising deal with Vevo in 2017; now has it been made (in part, actually) public. According to "Music…
Warner sells $400m of Spotify stock
Music giant Warner Music Group sold around three-quarters of its total equity of Spotify shareholding - that's to say $400m. WMG boss Steve…
Pandora's Q1 financials are very positive
Pandora's latest quarterly financial show a company in good shape. The streaming service posted revenues of $319.2m, up 12% year-on-year – although…
YouTube boosts music ad efforts and reaches 1.8 billion monthly logged-in viewers
YouTube says it now has 1.8 billion monthly logged-in viewers: the stat was announced at the company’s Brandcast event for advertisers in New York…
JAAK announces successful landmark music blockchain pilot with BMG, Global Music Rights, Warner Music Group, Warner/Chappell Music and other industry leaders
London-based tech start-up JAAK announced a successful pilot of its blockchain network (KORD), in partnership with leading record labels, publishers…
Sony Music sold 50% of its shares in Spotify
According to a "Music Vusiness worldwide" report, Sony Music sold approximately 50% of its shares in Spotify during the streaming company’s first…
The first 12 months of Rob Stringer as Sony Music CEO
Rob Stringer became Sony Music CEO at the start of April 2017. Now "Music Business Worldwide" posted a breakdown of how the company’s global…
Annual IFPI report: independents ruled global market share in 2017
According to the annual IFPI report on music industry, worldwide money going to artists and labels in the year amounted to $17.3bn, up 8.1%…
EC in investigating in-depth on Apple/Shazam deal
European regulators still haven't greenlighted Apple to complete its proposed acquisition of music-identification firm Shazam. Indeed, the European…
IFPI says global recorded-music revenues grew by 8.1% in 2017
IFPI unveiled (in its Global Music Report) some interesting figures about the global recorded-music market: in 2017 it was worth $17.3bn, up 8…
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