Startups and change makers leveraging music and music technology to curate a more creative world.
This week is full of news circling two topics - Spotify launching in India and Tencent Music possibly bidding on Universal Music Group.
Spotify launched in India this week and Warner Music celebrated by filing a lawsuit against Spotify. By far the most exciting piece of news this week given a major is finally taking on the streaming behemoth albeit for the wrong reasons.
Tencent is possibly bidding on the giant Universal Music Group. This would shape up the industry in an interesting way.
Sofar Sounds has taken on the idea of community built around music successfully. Interesting to see where they go next.
The lack of interoperability combined with the complexity of the way music is being both created and consumed globally, has created an issue where hundreds of millions of dollars are not sent to their rightful owners. A solution to this issue is to create a blockchain-centric distribution model that allows metadata to interact with different systems.
TikTok will pay $5.7 million for videos that appeared on Musical.ly, which were uploaded by children under 13 without a parent’s consent. Not instituting an age requirement violates US COPPA laws around privacy protection for children.