Music Business Worldwide News

1. Liberty Media offshoot raises $575m to buy huge company – will it be in music?

   Company started trading on the Nasdaq Stock Exchange under the symbol LMACU on January 22

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2. Record industry injunction forces website to stop offering ‘fake streams’ in Germany

   Injunction prevents site from offering artificial ‘plays’ or ‘views’ of streams as well as fake ‘comments’, ‘likes’ and ‘subscribers’ in connection with music content

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3. Social app Clubhouse raises new funding and plans to launch payment features for creators

   Launched in March 2020, the app now has over 180 investors

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4. Greg Marella promoted to President Of Promotion And Executive Vice President of Capitol Music Group

   Marella joined CMG in 2016 from Kemosabe Records

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5. Craig ‘Big C’ Mannix appointed Sr. Director, Urban Marketing at Universal Music Canada

   Mannix is the first new hire focused on urban marketing for UMC’s domestically signed urban repertoire

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6. Warner Music Group’s Jessica Goldenberg Appointed to SoundExchange Board of Directors

   Goldenberg brings expertise across the legal and strategic sectors of the music industry

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7. Universal and LEGO launch augmented reality music video making app, VIDIYO

   LEGO VIDIYO can be accessed via 'a unique mashup' of LEGO elements, minifigures, music, augmented reality and a new app

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8. Wise Music Group acquires Zombies catalog in deal with Bocu Group

   Song titles include hits like She's Not and Time of the Season

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9. Spotify’s European sales boss Marco Bertozzi exits after four years

   Marco Bertozzi leaves Spotify having joined the firm in Q1 2017

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10. Warner named as launch partner for new subscription-based music licensing platform for app developers

    Adaptr’s pre-licensed library includes music from WMG’s artists and songwriters, BMG Records, Equal Vision Records, Vio Mobile, A-Train Distribution and more

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