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Music Publishers Association Group CEO Jane Dyball steps down

Well, the boss of British industry-body group MPA isn’t leaving just yet, but Jane Dyball will be stepping down as the group’s CEO in the new year, it was announced yesterday. It will bring to an end her four-year...
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Startup Instrumental signs deal with Official Charts Company

British startup Instrumental has been winning plaudits for its data-focused A&R platform in recent months, with a $4m funding round, a feature from the Financial Times, and new clients across the industry. Now it has a...
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Satellite-radio service SiriusXM now has 33.5m subscribers

According to recent reports, Spotify and Apple Music are both around the 20-million subscribers mark in the US. Who’s got more though? Satellite-radio service SiriusXM. The company ended the second quarter of this year...
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Facebook value plummets after user growth slowdown

Last night for Facebook can be summarised in this tweet from Fox News tech correspondent Chris Ciaccia: “Facebook has lost $130B in market cap since it reported earnings tonight,” he wrote. “Put another way, it's...
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Facebook opens China ‘innovation hub’ despite being blocked

“There are three reasons I decided to learn Chinese,” Facebook CEO Mark Zuckerberg told a Chinese audience (in Mandarin) back in October 2014. “The first, my wife is Chinese. Her grandmother can only speak Chinese....
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Twitch launches Creator Camp to teach livestreaming skills

Amazon’s live-video platform Twitch wants to help people build audiences on their channels. It has just launched a site called Twitch Creator Camp, taking a leaf out of YouTube’s playbook (or, indeed, its actual ‘Playbook’...
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Blockchain startup Tron buys BitTorrent for reported $126m

BitTorrent (the company) has a new owner: blockchain firm Tron, which bills itself as “the world’s largest decentralised ecosystem”. BitTorrent confirmed the acquisition on its site, noting that its products have...
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ERA, BPI and BBC team up for UK’s National Album Day in October

‘Is the album dead?’ has been a tiresome hot-take that keeps getting reheated by thinkpiece-writers since the heyday of Apple’s iTunes Store. The current streaming dynamics are only making it pop up more often. British...
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India seen as new point of leverage for labels over Spotify

Spotify has made it clear that India is one of its key priorities for global expansion, post going public. Yet reports that some of its rightsholder partners are holding off on the necessary licensing agreements won’t go...
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Royalty Exchange debuts ‘Private Syndicates’ with Cage the Elephant

US firm Royalty Exchange has acquired a co-publishing share in the first four studio albums of rock band Cage the Elephant, for an undisclosed amount. The catalogue will be one of the guinea pigs for a new initiative called...
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Blockchain startup Tron buys BitTorrent for reported $126m

BitTorrent (the company) has a new owner: blockchain firm Tron, which bills itself as “the world’s largest decentralised ecosystem”. BitTorrent confirmed the acquisition on its site, noting that its products have...
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Even with $5bn EC fine Alphabet posted a $3.2bn net profit in Q2

The European Commission recently hit Google with a $5bn fine for anti-competitive behaviour around its Android platform, although the company is planning to appeal. How much would the fine hurt its parent company Alphabet...