CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including what we know and what we think is in Spotify’s new licensing deal with Universal Music, the latest attempts in Washington to try and get American radio stations to pay royalties to labels and artists for airplay, and Google’s cool funding of extremism. The CMU Podcast is sponsored by 7digital.
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Stories discussed this week:
• Universal Music signs new licensing deal with Spotify
• Managers criticise the continued secrecy as Universal agrees new Spotify deal
• Efforts to get radio royalties for recordings back on agenda in US Congress
• Second bill in US Congress seeks to address radio royalties issue
• Vevo capitalises on ad industry’s YouTube backlash
• Kids think Google is just the coolest
In brief…
• Double digit growth in US thanks to all those streams
• Lords call for extension of agent of change principle
• Bob Dylan picks up his Nobel Prize
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