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Universal Buys Bob Dylan Publishing Rights, Acquiring Catalog Worth Hundreds of...
Music Business Worldwide reports: "MBW understands that the buyout, conducted via Universal Music Publishing Group (UMPG), sees Universal acquire both the publisher and writer...
Spotify Built A Plagiarism Detector That Could Alter Songwriting Forever
Hypebot reports: "No one wants their music stolen without credit, but the limitations of the western ear are making the creation of wholly original...
US law proposal could make streaming copyrighted material a felony
Gamesindustry.biz reports: "A proposed law in the US could see the streaming of copyrighted material become a felony offense, potentially leading to a prison...
FTC Investigating TikTok, YouTube & More Over Privacy Concerns
Billboard reports: "The Federal Trade Commission is asking some of the world's biggest social media and streaming video giants to hand over information regarding...
Twitter issued $547,000 GDPR fine by Irish regulator in landmark decision
CNET reports: "Ireland's privacy watchdog on Tuesday hit Twitter with a fine of 450,000 euros ($547,000) over GDPR violations."
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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...
Audible Magic Acquires SOCAN’s MediaNet
Hypebot reports: "Canadian PRO SOCAN has sold its global content fulfillment and rights administration service MediaNet to Audible Magic."
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SiriusXM Takes $1B Pandora Hit Due To ‘Royalty Cost Structure’
Hypebot reports: "SiriusXM added 909,000 new subscribers last year, bringing their total monthly self-pay subscriber base to a record of 30.9 million at the...
Hipgnosis Plans Billion-Plus Shares to Raise Funds for More Catalogs
Billboard reports: "Hipgnosis Songs Fund Limited is planning to issue up to 1.5 billion new shares as it eyes more catalog acquisitions, according to...