Warner Music Say They’ll Share Digital Equity With Artists

Warner Music Group have announced that they will share any money made from equity in digital music services with their artists. The news comes after a quarterly earnings call with Warner Music Group (WMG)’s CEO…

Get Daily Spotify Playlists With New Mobile App

‘Playlist a Day’ a new application for iOS and Android sends you a new themed playlist for Spotify every day. Powered by Playlists.net, a Spotify community and playlist sharing site by Warner Music Group, the…

Deezer Manage To Raise $109m After Cancelling Their IPO

Deezer CEO Hans Holger Albrecht Deezer cancelled their planned Initial Public Offering (IPO) in November that could have raised $400 million, but it turns out that wasn’t such a consequential decision as the France-based music…

Warner Music Group Fighting For Rights Back To ‘Happy Birthday’ Song

Happy Birthday became public domain last month and now Warner Music want to take the rights to the song back. On the 22nd of September it was ruled by a federal judge that ‘Happy Birthday’…

Amazon Prime Music Sign With Universal Music

Amazon Prime Music is Amazon’s own digital music streaming service. Amazon have now signed a deal with Universal Music, the largest music corporation in the world, which means that Universal artists such as Drake, Katy…

Happy Birthday is Free: The Song Enters the Public Domain After Federal Court Ruling in USA

Its now official, Happy Birthday is in the public domain. In a 43-page decision, US District Judge George King ruled that the original copyright on the song, filed by the Clayton F. Summy Co. in…

Facebook May Introduce Music Service

Facebook are interested in “getting into music” having held talks with major labels Sony Music Entertainment, Universal Music Group and Warner Music Group about integrating some sort of music service into their social media platform,…

Music Recognition App ‘Shazam’ Is Now Valued At $1 billion

Who would have thought (what is at the core of it) a music recognition app could be valued at $1 billion. After a recent $30 million investment, this places Shazam as the first British mobile-first…

Warner Music Group Looking to Acquire More Companies in 2013-2014

At Warner Music’s last investor call, Deutsche Bank’s Aaron Watts asked WMG chief Stephen Cooper what other opportunities there were in the mergers and acquisitions landscape looking ahead. “We’re actively in the market, looking at…

Warner Financials Not Looking Great After Loss and Debt Increase Following Parlophone Purchase

Warner Music is struggling. Warner has announced their latest round of figures that see their revenues drop by 0.8 percent in the latest quarter and losses tripling to $79 million. Im not sure Warner owner…