Spotify Sony Deal Confirmed. The terms include windowing, which would allow the label group to keep some tracks and albums from the music streamer’s free tier for up to two weeks.
German Music Publishers Say It’s ‘High Time’ the EU Acted on YouTube. “These online platforms are still not giving creative people reasonable and fair remuneration. This is a grave injustice and cannot be tolerated any longer.”
Judge Voids Prince $31 Million Universal Music Deal. The request was filed by UMG after the company learned that many of the tracks it had paid for were still under contract with Warner Music Group.
Amazon Is Now The 3rd Biggest Music Subscription Service. Mark Mulligan of MiDIA Research states, “Amazon can now discard its dark horse guise and be revealed for what it is: one of the top streaming music players.”
Facebook Reveals Plans To Negotiate With Existing Digital Music Platforms. “This role will lead Facebook’s strategy and negotiations with digital music services, as well as collaborate with our product, media partnerships and platform partnerships teams to ensure a coordinated and best-in-class approach.”
Warner Music Group Acquires Songkick Concert Discovery App. The surprise deal, which appears motivated by the startups protracted legal battle with Ticketmaster, includes Songkick’s concert discovery app and web site, but not its ticketing business.
SoundCloud Responds Reports Of Impending Insolvency. Soundcloud CEO Alex Ljung responded to a TechCrunch report claiming the company would be insolvent in 50 days, saying “There are a number of inaccuracies within the TechCrunch article.”
Lyor Cohen Details YouTube’s Future Product Plans. YouTube’s Global Head of Music Lyor Cohen sat down with the board of directors of A2IM recently and detailed the video channel’s priorities and product plans for 2017.