WMG Acquires Social Content Publisher IMGN

Warner Music Group has acquired social media content publisher IMGN for close to $100 million. IMGN is best known for creating viral TikTok, Snap and Instagram content that helps major. Continue reading

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MON. BRIEF: WMG Acquires IMGN, NetEase Cloud Music Soars, Spotify Eyes Audiobooks & More

MONDAY 8.17.2020 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above READ HERE

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How Moses Sumney Tweaked The Release Model [Troy Carter, Phil Waldorf Interview]

Already an acclaimed music success, R&B artist Moses Sumney decided to switch things up with the release of his sophomore album by dropping one half of the 20-track græ in. Continue reading

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Billboard, Bandsintown Present ‘Live Music Streaming: The Future Is Now’

On Thursday, August 20th Billboard and Bandsintown have partnered to present “Live Music Streaming: The Future Is Now,” an online summit presented in association with SoundExchange. [See below for 50%. Continue reading

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TikTok Rival Triller Licences All 3 Majors, Merlin [UPDATE]

UPDATE: TikTok rival Triller has inked a deal to access a global catalog of 80 million tracks including music from Sony, UMG, Warner Music Group and Merlin. Contrary to some. Continue reading

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Amazon Music, Audible To Add Free Podcasts

Amazon Music and its Audible service will add free podcasts, but a key clause in the terms of service sent off alarm bells throughout the podcasting community. Amazon was requiring. Continue reading

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QUICK HITS: LÜM Adds Funding • WMG, BMG. Sony/ATV, Concord Sign

Music discovery startup LÜM has closed a Seed II round and will use the funds to continue its launch of a virtual gifting system implemented to help the development and. Continue reading

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Google Beats Genius In Lyric Scraping Lawsuit

A judge has dismissed lyric site Genius’ lawsuit against Google and lyric provider LyricFind for $50 million for allegedly copying its song lyrics and using then in search results. Genius. Continue reading

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UMG Strikes New Deals With Tencent, Netease

Universal Music Group has signed multi-year licensing agreement with two Chinese tech giants – Tencent Music Entertainment and Netease. For Tencent, the deal was a renewal and will allow the. Continue reading

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NAMM Cancels Winter Show, Sets ‘Believe In Music’ Virtual Conference

NAMM has canceled its massive winter trade show due the pandemic and is replacing it with an early 2021 weeklong virtual gathering dubbed \Beleive In Music. Over the week of. Continue reading

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