Facebook-UMG ink “unprecedented” deal allowing all users to use licensed music in their Facebook, Instagram videos
This is a big deal as it is likely to influence the direction of Facebook as a platform in addition to how users interact with the platform.
YouTube may introduce a paid music streaming service called Remix to compete with Spotify and Apple Music
The YouTube service, internally referred to as Remix, will compete with similar offerings from Spotify, Apple Music and Google Play Music.
Music streaming company Spotify is close to agreeing to a new licensing pact with Warner Music Inc, the last big music royalty deal it needs before pushing ahead with a US stock market listing, four sources familiar with the situation said.
Two major record labels are rolling out a low-priced music streaming service in the United Kingdom, a rare foray by record companies directly into the field and another sign the industry is finally moving towards more flexible pricing.
Google Inc has signed licensing deals with Universal Music Group and Sony Music Entertainment to launch a subscription music service...
The European Union's antitrust chief warned Google it could face charges of breaching EU rules and a fine unless it did more to ease concerns...
After Warner Music Group and EMI, Apple reportedly signs Sony Music to their service.