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$2.7B Yearly Loss From Illegal Music Streaming By Businesses

Hypebot reports: "Artists and record labels are losing $2.7 billion in revenue each year because many small business owners use their $10 per month...

Apple reportedly buys Asaii, a music talent-spotting analytics company

Venture Beat reports: "Roughly once a month, Apple quietly purchases a small company — or just hires its key employees — to add some...

SoundCloud Rival Mixcloud Inks Licensing Deal With Universal Music Group

Billboard reports: "Universal Music Group has signed a multi-year direct licensing deal with U.K.-based audio streaming platform Mixcloud. Under the terms of the agreement, UMG artists will...

Pandora, Snapchat Pair Up

Hypebot reports: "Radio streaming service Pandora and popular photo sharing platform Snapchat recently unveiled an exciting new partnership where users of both platforms will...

The Music Modernization Act has been signed into law

The Verge reports: "President Trump has signed the Music Modernization Act (MMA) into law, officially passing the most sweeping reform to copyright law in...

Sony, Warner Music Invest In Tencent Ahead Of IPO

Hypebot reports: "While Chinese streaming giant Tencent Music Entertainment's announcement that it was planning to go public in the US was in and of...

Spotify Shares Most Streamed Songs Of Last 10 Years

Hypebot reports: "October marks 10 years since the launch of Spotify. The streamer is celebrating the milestone with a “Decade of Discovery,” a decade-long...

SoundCloud finally lets more musicians monetize four years later

Tech Crunch reports: "10 years since SoundCloud first launched, and four years since it opened an invite-only program allowing just the very biggest artists to earn...

Next Big Sound Makes All Pandora Artist Data Public

Hypebot reports: "Pandora's Next Big Sound has made all artist data open and available to anyone. Until now, Pandora data was only visible to the...

Spotify starts cracking down on friends who share family plans

The Verge reports: "Spotify is emailing some users on family plans asking for their GPS locations in order to confirm that they live in...