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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...

Yes, Blockchain Might Revolutionise Music Royalties. No, It’s Not Going to...

Music Business Worldwide reports: "There is currently a lot of noise around NFTs, smart contracts and crypto currencies – and some wild claims that...

​​Indie Spotlight: Songtradr Music Licensing Placement Platform

Hypebot reports: "Songtradr bill itself as the world’s largest music licensing company offering a full-stack solution for music buyers and sellers: “license, distribute and...

SoundExchange Paid out $235M in Q1 2022, $9B Overall

Hypebot reports: "SoundExchange has now distributed more than $9 billion in digital royalties to 560,000 music creators since its founding in 2003. The digital...