Google mulling SoundCloud buyout, say whispers – as Sony and Universal’s stakes are revealed

Document reveals majors’ ownership stakes as the big G comes a’knocking…

The post Google mulling SoundCloud buyout, say whispers – as Sony and Universal’s stakes are revealed appeared first on Music Business Worldwide.

Music Labels Say YouTube Is Flat-Out Lying About Its $1 Billion Payout

Google and YouTube: We paid out the music industry $1 billion. IFPI: No, you didn’t. Google announced on Tuesday that YouTube paid the music industry over $1 billion in advertising revenue alone in 2016.  Chief Business Officer Robert Kyncl stated that this payout “[demonstrates] that multiple experiences and models are succeeding alongside each other.” That […]

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The Wall Street Journal Criticizes Google’s “Washington Copyright Coup”

Another U.S. Copyrights Office/Google conspiracy theory? There’s more than meets the eye, says the Wall Street Journal. Several weeks ago, Digital Music News published a piece about Google’s (probable) involvement in the “removal” of Maria Hassante from the Copyrights Office. Of course, most posters were quick to dismiss the story and its “sources” as just […]

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