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Spotify Inks Deal to Stream NPR Podcasts Worldwide
Variety reports: "Spotify is now shipping NPR’s podcasts worldwide. The streaming-audio company inked a deal with NPR to distribute 26 podcasts — including “NPR...
Streaming Is Stalling: Can Music Keep Up in the Attention Economy?
Billboard reports: "Music streaming services have continued to add U.S. subscribers this year, according to MIDiA Research, growing by 11 million paying users from...
Netflix adds an audio-only mode to its Android app
The Verge reports: "Netflix is giving viewers the chance to ignore the visuals of shows and movies entirely and go full audio. In an...
Tencent-Led Group Doubles Its Stake In Universal Music Group
Billboard reports: "Vivendi said Friday that a Tencent-led consortium had exercised its option to acquire an additional 10 percent stake of Universal Music Group."
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8 Big Music Industry Stories You Missed Over The Holiday Break
Hypebot reports: "From the $15 billion Save Our Stages package and COVID relief bill with important copyright legislation tucked inside to Ticketmaster agreeing to...
Fans’ Embrace of Streaming Sustained Music During a Tumultuous Year. Why,...
Music Business Worldwide reports: "The music business in 2020 experienced an unprecedented cacophony of events. Live music businesses tragically shuttered. A virtual performance market...
Alibaba to Shutter Its Xiami Music App Next Month
Variety reports: "Alibaba Group announced Tuesday that it will close down its streaming platform Xiami Music on Feb. 5, as it struggles to keep...
RealNetworks Completes Sale of Napster to MelodyVR in $70.6m Deal
Music Business Worldwide reports: "Originally announced in August 2020, RealNetworks’ sale of US-based Spotify rival Napster to UK-based virtual reality music company MelodyVR is...
Spotify Purged Tens of Thousands Of Tracks For ‘Fraudulent Streams’
Hypebot reports: "Spotify has purged tens of thousands of tracks for allegedly using services that fraudulently inflate streams. Music industry attorney Wallace Collins wrote...
SiriusXM Warns of $1 Billion Impairment Charge for Pandora
The Hollywood Reporter reports: "The audio entertainment giant forecasts a non-cash hit from per-play royalty payments to copyright holders for its music streaming service...
