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Spotify buys Loudr in latest publishing-royalties effort

Spotify’s latest acquisition is its latest move to tackle the problems it has faced identifying, tracking and paying royalties to music publishers and songwriters. The company has snapped up Loudr, which does exactly that,...
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SoundCloud 2016 financials show losses increased to $74.5m

SoundCloud has published its financial results for 2016 through Companies House in the UK. They show that the company’s revenues grew by an impressive 88.9% to €50.3m that year (around $62m) but that its net loss grew...
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EMMA bunting: unveiling of new management body sparks row

EMMA is a new collective body that has been created for the artist management community. It stands for the European Music Managers Alliance and links management bodies in the UK, France, Sweden, the Netherlands, Poland,...
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Apple Music now at 40m subscribers as Oliver Schusser becomes new global head

Last week, we reported on the “story” linked to someone claiming to be at Apple France who suggested that Apple Music was now on 40m subscribers. It was repeated in several outlets as fact despite the “executive”...
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Report claims VR and AR apps market was worth $3.2bn in 2017

How lucrative was the market for virtual and augmented reality (VR and AR) apps in 2017? According to research firm IHS Markit, it was worth $3.2bn, representing 72% growth from 2016. Of that, $2bn came from apps with...
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Google Home smart speakers are now available in India

India is clearly the next battleground for smart speakers. Shortly after Amazon launched its Alexa-powered Echo devices there, Google has followed suit with its Google Home and Google Home Mini. The speakers are being...
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Capitol Music Group launches its own ‘Innovation Center’

Universal Music subsidiary Capitol Music Group is deepening its partnership with startups and the tech industry, by launching its own Capitol Innovation Center (CIC) based at its famous headquarters in Los Angeles. It...
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APK diggers claim ‘recommendations’ switch for YouTube Music

News site 9 to 5 Google has been rooting around in the code for the latest version of the YouTube Music Android app, and has noticed an interesting change from the last version. Previously, the app included text saying...
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Publishers hail ‘critical victory’ over Wolfgang’s Vault

The US National Music Publishers Association (NMPA) says its members have won a “critical victory” in their nearly-three-year legal battle with the Wolfgang’s Vault website. The site specialises in archive live recordings,...
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German PRO GEMA reports 5% growth in revenues for 2017

German collecting society GEMA announced its latest financials yesterday, with its revenues growing by 5% to €1.07bn in 2017. The PRO also hailed the latest lowering in its costs – now down to 15% – despite continued...
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Despacito disappearance was due to a ‘security breach’ at Vevo

Remember the days when labels would ‘delete’ singles once they wanted to clear the decks for the next release? Yesterday, it seemed for a moment that the unthinkable had happened, with the 5bn-views video for ‘Despacito’...
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Music Modernization Act officially introduced in the US

We’ve been following plans for the US Music Modernization Act (MMA) for months, but yesterday saw the proposed bill formally introduced in the House of Representatives. Pulled together from three previously-launched...