App reports to reach more than 180m monthly active users outside of China
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Category archives: News
Can you feel the love tonight? Spotify and fellow music streamers strike agreement with publishers for 15.35% go-forward royalty rate in the US.
NMPA, DiMA and songwriter group NSAI send joint proposal to CRB – and avoid a costly legal war
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Repost is the cornerstone of SoundCloud’s artist services business. Repost’s founder just left SoundCloud.
SoundCloud acquired Repost in May 2019 for around $15 million
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New blank check company files for $200m IPO, led by same team behind SPAC that took Anghami public
SPAC is led by Jacob Cherian, the Co-CEO and a director of Anghami
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FUGA partners with Germany-based Odyssey Music Network; inks deal with Austria’s Phat Penguin
Deal with Odyssey will see FUGA providing both digital and physical distribution for the company’s roster
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Snap Inc. to reduce workforce by approximately 20%
Evan Spiegel, CEO Snap Inc., sent a note to employees on Wednesday (August 31) confirming the news
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Half of APAC listeners use social media for music discovery, a win for TikTok and its music-streaming foray
APAC music discovery stats revealed in new report from US market monitor Luminate
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Six months after selling to Epic Games, Bandcamp is bringing back ‘Bandcamp Fridays’
Nearly 800,000 fans have participated in the Bandcamp Fridays program since March 2020
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BMG revenues increased 25% to €371m in first half of 2022
BMG reports that 60% of its revenues in the first half of 2022 were from publishing, with 40% from recordings.
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Concord is at the bidding table for Pink Floyd’s catalog bundle (which doesn’t include music publishing rights)
US-based company is back on the acquisition trail after buying Native Tongue and HitCo
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