New partnership makes Google Play Music the default on all Samsung devices, with double the storage capacity

 Samsung and Google today announced a new partnership that will make Google Play Music the default music player and music service including on new Samsung phone and tablets worldwide, starting with the launch of the Galaxy S8 and S8+. The deal comes with an added bonus for Samsung users – they’ll be able to upload up to 100,000 of their own songs to Google Play Music for free. This… Read More

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Spotify strikes new deal with indy giant Merlin, ‘competitive’ with big 3 labels

 Spotify — the streaming music company with 50 million paying users — has been working on renegotiating licensing deals with labels over the last several months — a critical move to improve its revenues and margins en route to going public — and today one of the big pieces of that process has fallen into place. The streaming music platform now has a new deal with… Read More

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Spotify’s artist dashboard exits beta, offering streaming insights, profile management & more

 In the battle to lure artists to its platform, Spotify has used exclusives, free advertising, the promise of more listeners, and open access to data artists care about, like number of fans and listens. On that latter front, Spotify released a data dashboard called Fan Insights in late 2015, allowing artists to see how well their music is performing on the service. Today, Spotify is taking the… Read More

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Soundcloud confirms new $70M credit line after failing to close $100M round

 Soundcloud — the popular, but unprofitable platform that lets creators post and share music and other audio files — may have been unsuccessful (so far) in closing a new $100 million round of funding, but it’s not running out of money soon. The company has secured a $70 million round of debt funding from three new investors — Ares Capital, Kreos Capital, and… Read More

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How Spotify is finally gaining leverage over record labels

 That’s why over the past few years, Spotify has been pushing five different paths to putting pressure on the labels to cut it a better royalties deal. They all hinge around the idea of making the labels need Spotify as much as it’s historically needed them. When Spotify launched in 2008, it had no power in the relationship since it had so few listeners. It needed to raise over… Read More

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