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Spotify India launch: Company is now at loggerheads with music label companies

Warner, Sony, and Universal, the big three American music labels have interrupted the Swedish music streaming giant Spotify’s India launch. The above three music labels account for the vast majority of music in the US and across the Western world. According to them as music licenses are sold by territory, Spotify can’t launch in India …

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Facebook’s deal with ICE hints at its own music streaming service

Interesting deals gain your numbers in the stock market and shares of Facebook gaining more than 1.3% in trading hours last week re-establishes the fact. Facebook struck a deal with ICE, a pan-European online music licensing firm which was described by the latter as a “landmark deal”. The new deal covers 290,000 rights holders across …

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Facebook inks deal with Universal Music

Social media giant Facebook and record label Universal Music have joined hands for a multi-year deal which will help Facebook users share videos with the latter’s music in them. Universal, which is the unit of Vivendi SA, has rights to music from some eminent artists world over. Although both the companies have kept mum over …

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Universal, Warner Bros plans to offer premium VOD

Universal Pictures and Warner Bros studios are making efforts to offer premium movie downloads for $30 to $50 each in collaboration with Comcast and Apple. As per Bloomberg, newly released movies are to be offered via this service. A new strategy for monetizing live action and animated Disney and Pixar films after their theatrical runs …

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