Sony Acquires AWAL, Kobalt Neighboring Rights
AWAL, which built a reputation as a safe harbor for independent artists seeking true global reach, is now owned by Sony, the world’s second largest music group. Sony Music Entertainment. Continue reading
Sony Sells $750M Spotify Stock, Will Artists Get Fair Share?
Sony has sold half its 5.7% stake in Spotify, Sony Corp. CFO Hiroki Totoki told Wall Street yesterday. At Spotify's average stock price, the sale netted Sony more than $750. Continue reading
MondoTunes Offers Free Distribution To Lure Back Musicians
[UPDATED] In 2015, MondoTunes offered something revolutionary – free music distribution to the major services. Months later, the company came under fire after it changed the terms. Now MondoTunes, which. Continue reading
Independent Music Labels Capture Growing 38.4% Market Share Thanks To Streaming
[UPDATED] A new study commissioned by the Worldwide Independent Network (WIN) looks at the global market share of independent music labels based on copyright, rather than distribution, and reveals a. Continue reading
Warner Music Cuts Deal With Mixcloud
Mixcloud, a British streaming service that allows listeners to share and consume radio shows, recently announced that it is signing on to a licensing agreement with Warner Music Group, and. Continue reading
Aaron Bay-Schuck, Tom Corson To Lead Warner Bros. Records, Cameron Strang To Exit [OFFICIAL]
New WMG CEO Max Lousada is putting his stamp on the company with a major change in the executive suite of his flagship label. Current Warner Brothers Records Chairman and. Continue reading
Dubset Makes Sony First Major Label Legalized For Remixing
Often containing samples of multiple pre-existing tracks, remixes and DJ sets have historically been legally difficult for streaming services to allow, but a new deal between rights clearance startup and. Continue reading
