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HBO Max Losing All Eight ‘Harry Potter’ Movies In August
Variety reports: "Expelliarmus redux! HBO Max is, once again, saying goodbye to the octet of original Harry Potter fan-favorite movies. As of Aug. 31,...
Spotify Paid $123 Million For Findaway, The Bedrock Of Its Audiobook...
The Verge reports: "Spotify’s purchase of Findaway, a platform that allows users to create, distribute, and monetize their own audiobooks, cost it €117 million,...
DJ Afrojack Inks EDM-Focused Partnership With Universal Music Group
Digital Music News reports: "Dutch DJ Afrojack has signed with Virgin Records Germany and Universal Music Netherlands for a new EDM partnership. The new...
Meta Launches Music Revenue Sharing Program, Enabling Creators To Add Licensed...
Social Media Today reports: "Meta’s looking to help creators use a wider variety of music in their video clips, while also offering another revenue...
Metaverse Experiences Startup MELON Raises $5M From Backers Including Crush Music’s...
Music Business Worldwide reports: "Metaverse startup MELON announced the $5 million seed round today. MELON’s seed funding comes from backers including Crush Ventures, Gaingels,...
Kobalt Music Removes More Than 700,000 Songs From Facebook And Instagram
Variety reports: "Kobalt, one of the world’s largest music publishers, has removed its entire 700,000-song catalog from Facebook and Instagram in the United States,...
Hulu Nabs Streaming Rights to Bonnaroo, Lollapalooza and Austin City Limits...
The Hollywood Reporter reports: "Hulu has acquired the exclusive streaming rights to Bonnaroo, Lollapalooza and Austin City Limits through 2023. Subscribers to Hulu’s subscription...
Opulous Adds MFTs (Music Fungible Tokens), an SEC Compliant Music Investment...
Hypebot reports: "NFT platform Opulous has added a new type of token – the MFT (Music Fungible Token) – which combines the power of...
Record Labels And Publishers Ink Major Settlement, Moving From 9.1 Cents...
Music Business Worldwide reports: "The important background information to this story is that since 2006, the mechanical rate paid to publishers/songwriters for music purchased...
‘For Music Rightsholders, Web3 Is An Opportunity for Extraordinary Growth’
Music Business Worldwide reports: "Tuned Global has been making major strides in the worldwide music business in recent years. Now, having established itself as...
