UMG talks social media, catalogue values and user-centric payouts
Universal Music Group published its Q2 2022 financial results yesterday, revealing a 17.3% year-on-year growth in its revenues to €2.54bn.
July 28, 2022
Meta bundles Beat Saber music game with Quest 2 headsets
Good news for Meta's VR game Beat Saber this morning – and for the artists and labels who have made song packs available for sale within it.
July 27, 2022
Facebook launches ‘Music Revenue Sharing’ feature globally
It's been a difficult last week for Meta's music strategy, what with Epidemic Sound suing the company and Kobalt pulling its catalogue in the US.
July 26, 2022
Kobalt US pullout gives Meta another licensing headache
Meta is having... let's call it a 'difficult' month for its music-licensing strategy.
July 25, 2022
Epidemic Sound sues Meta in $142m infringement lawsuit
Meta is facing a big headache in the form of a $142m copyright infringement lawsuit from production music firm Epidemic Sound.
July 22, 2022
Meta changes: Facebook Feeds tab and auto-Reels videos
We think the changes could be significant for music marketers as well as everyone else using the platforms.
July 22, 2022
PatchXR launches PatchWorld virtual-reality music-making app
We recently wrote about 33 companies to watch if you're interested in music and the metaverse.
July 8, 2022
Post Malone to kick off Meta’s ‘Horizon Block Party’ VR series
Fresh from merging its Horizon Venues VR events app into its Horizon Worlds service, Meta is kicking off a new series of VR performances.
July 7, 2022
Report claims that Meta accounts for 90% of VR headset sales
You don't need a virtual reality headset to be playing in the metaverse: from Fortnite and Roblox to The Sandbox and Decentraland.
July 4, 2022
Meta tests NFTs on Facebook and Instagram video / Reels swap
Meta's latest tests on its flagship social networks may both be of interest to the music industry.
July 1, 2022
Mark Zuckerberg on AR/VR: ‘Getting spatial audio right is key’
As a technology, spatial audio has been higher on the music industry's agenda in recent times, thanks in part to the push for spatial music from Apple Music and Amazon Music.
June 27, 2022