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News August 25, 2017

Spotify inks final deal in preparation for IPO, Meghan Trainor caught up in same-sex marriage debate, and more

Spotify inks final deal in preparation for IPO, Meghan Trainor caught up in same-sex marriage debate, and more

Here’s all the music industry news you need to know today.

Spotify and Warner sign multi-year licensing deal. Universal and Spotify reached a deal in April. Sony were reported to sign a deal last month.

Ole Obermann, Chief Digital Officer, WMG, said: “It’s taken us a while to get here, but it’s been worth it, as we’ve arrived at a balanced set of future-focused deal terms.

“Together with Spotify, we’ve found inventive ways to reinforce the value of music, create additional benefits for artists, and excite their fans all over the world.

“Even with the current pace of growth, there’s still so much potential for music subscription to reach new audiences and territories.” – via MBW

Meghan Trainor Blasts Group Using Her Image To Protest Aus Marriage Equality – via ABC

The UK’s Police Intellectual Property Crime Unit has secured additional government funding which will keep it in action until at least 2019. – via TorrentFreak

PLTS Sign To Collective Artists for agency services across Australia and New Zealand – via FB

Richard James Burgess of the American Association Of Independent Music responded to Lyor Cohen’s ‘YouTube is great’ blog: “Many of us hope that you will be able to change the culture at YouTube to become more artist friendly and transparent. We understand that it takes time to shift corporate culture, especially one as established as Google’s. [But] unfortunately, there are some entrenched alternative facts that are repeatedly regurgitated by YouTube and need to be corrected”. – via CMU

Independent record label, Social Family Records, has inked a deal with Matt Scullion, adding one of the most respected songwriters in the business to their growing roster – via SFR

BMG Launches Royalty Tracking App – via Hypebot

Lost Highway Australia has announced the signing of rising alt-country singer-songwriter Tori Forsyth, who joins a roster of award-winning artists including Adam Eckersley Band, Imogen Clark, Catherine Britt and Shane Nicholson.

FastForward has announced the full speaker line-up for its debut London event. Sophie Crosby, SVP Marketing at Ticketmaster International will give a keynote on Reaching the Changing Consumer. – via RotD

Music licensing platform Songtradr now includes secure file-sharing for its subscribers, and branded music curation for its network of partners. – via PRNetwork

George Michael’s family are furious over a TV biopic dramatising his outrageous behaviour and relationships. – via Sun

Sony/ATV Music Publishing’s Latin music division is heading for a record-breaking year following the success of the global phenomenon Despacito and a large number of other hits. – via RotD

Lady Gaga’s Netflix Doc Promises an Intimate Look at a Year in Her Life – via Vulture

MTV celebrates the VMAS by 
giving away hundreds of free doughnuts. Doughnuts will be available from the following stores on Monday 28 August:

SYDNEY – QVB Store  
Shop 32, Lower Ground North
Queen Victoria Building
455 George Street, Sydney, NSW 2000

GOLD COAST – Mermaid Beach
2375 Gold Coast Highway, Mermaid Beach, QLD 4218

BRISBANE – Albert Street Store
142 Albert Street, Brisbane 4000

MELBOURNE – Chapel Street 
178 Chapel Street, Windsor, VIC 3181

This article originally appeared on The Industry Observer, which is now part of The Music Network.

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