OUT DAMN SPOTIFY: Last week’s Spotify announcement that they’d be cutting back their “freemium” service, limiting the number of plays per song and number of monthly hours before a user had to subscribe is being cited by observers as an example the successful music subscription service is starting to give in to major label demands in order to get a foothold in the U.S. market. The labels apparently want Spotify to offer, at most, a month’s free trial before the user is forced to make a purchase decision. The service’s “free” iteration has always been a sticking point with record company execs, especially WMG’s Edgar Bronfman Jr., who has a deal with the service in Europe, but has so far refused to budge about allowing it in the States. (4/19a)
BILL'S PASSAGE COULD RESULT IN U.S. TIKTOK BAN
Meanwhile, on Capitol Hill... (4/20a)
BLACKSTONE ASSEMBLING $1.5B BID FOR HIPGNOSIS SONGS FUND
A white-knuckle moment (4/20a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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