Spotify lets thousands of indie labels limit free streaming
Given that Merlin is able to take advantage of what Spotify sneakily calls its "flexible release policy", it's likely that Sony and Warner will also get on board here - which means that basically all notable new releases won't be immediately available to free users.
Merlin has inked a new windowing agreement with Spotify, in a deal aimed at "reflecting and promoting the value of Merlin's collective offering of its members' repertoire".
Music streaming service Spotify said on Thursday it had struck a multi-year license agreement with Merlin, a digital rights agency for the independent label sector.
Parity of access is a key point here: Spotify's in-house playlists continue to grow in clout, with their ability to break new songs and artists.
What to know about Air Defense Identification Zones
According to a USA official, a pair of Russian bombers flew close to Alaska, they came within 35 nautical miles of the coastline. Two Russian TU-95 bombers came within 100 miles south of Kodiak Island last Monday.
But what about the "fourth major" - independent labels, as represented by licensing agency Merlin? "Merlin was a launch partner to Spotify back in 2008, and our partnership has thrived ever since", he said in a statement.
Spotify has already been streaming artists from Merlin's roster of labels for nearly a decade, but now they've signed a new deal that will allow Merlin's labels to limit new albums to Spotify's $10 monthly subscription service for up to two weeks, though specific singles may still be made available across the free ad-supported tier. The agreement lets Spotify keep a sizable portion of indie artists streamable on the service.
With Thursday's agreement, Spotify now looks to lock down updated deals with the remaining two major label groups: Sony Music Entertainment and Warner Music Group.
This means new releases can be made exclusive to paid Spotify subscribers for a period of time before becoming available to those who listen for free. The new agreement will also provide UMG with unprecedented access to data, creating the foundation for new tools for artists and labels to expand, engage and build deeper connections with their fans. Music Week has approached both for comment.
Qualcomm's 2nd Fiscal Quarter Nets $5BN In GAAP Revenue
The value of device sales in the previous quarter rose more than expected, up 18 percent, helping boost licence revenues . For the next quarter the company has anticipated average revenues of $5.94B, according to the sentiments of 21 analysts.
How Putin meddled in US election
The current and former US officials spoke on the condition of anonymity due to the Russian documents' classified status. The officials said the hacking was a covert intelligence operation run separately out of the Kremlin.
Things You Need to Know About Fox News Cutting Bill O'Reilly
Potential successors like Dana Perino , Eric Bolling and Greg Gutfeld have substituted for O'Reilly since he left for vacation. And you, his audience, responded in record numbers, making "The Factor" the number one cable news show for more than 16 years.
Can Starbucks (SBUX) Stock Break the Recent Trading Range?
Therefore 65% are positive. 04/18/2017 - Starbucks Corporation had its "outperform" rating reiterated by analysts at Oppenheimer. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.67 on scale of 1-5.
CORRECTED - Chipmaker Qualcomm's revenue falls 9.6 percent
Qualcomm's non-GAAP revenue excludes a almost $1 billion reduction of revenue related to an arbitration agreement with BlackBerry. In the long run, Arcuri said Qualcomm "appears to have a strong case, and Apple's record in winning similar litigation is poor".