Industry News Roundup // 08.24

Every week, we’re sharing the latest news and information for the music industry and technology worldwide.

Get your learn on and stay in the know with Symphonic’s Music Industry News Roundup!

Dubset makes Sony the first major label legalized for remixing

Sony Music Entertainment today became the first major record label to allow its music to be monetized through unofficial mixes thanks to a deal with rights clearance startup Dubset. That means Sony’s master recordings will be indexed by Dubset, and rights holders will be compensated even if just a tiny one-second snippet of their song is used in a DJ set or remix.

\\ Via TechCrunch //

Spotify and Warner Sign Multi-Year Licensing Deal

Spotify has convinced all the major labels to sign up to new multi-year licensing deals.

\\ Via Music Business Worldwide //

Someone Tested 25,700 Ecstasy Pills at Festivals Around the World. Here Are the Results.

You have no idea what you’re putting in your mouth.

In the past eighteen years, the United States has seen a 763% increase in psychostimulant-related deaths.  Analyzing 25,700 MDMA reports from around the world, American Addiction Centers found a shocking fact.  As summer concerts near, the strength of ecstasy has increased fivefold in the past few years.

\\ Via Digital Music News + American Addiction Centers //

Having Raised $6M, Songtradr Now Provides Music to In-Store Radio Giant Mood Media

Fast-growing music licensing platform Songtradr has announced a major new partnership with Mood Media – the corporation which provides in-store music to retail chains across the Americas, Europe and beyond.

\\ Via Music Business Worldwide //

Here’s a Simple Way to Download Your Original, Uncompressed Soundcloud Files

Will SoundCloud survive? Just in case, use DownCloud to back-up all of your tracks.
In an effort to save the company from bankruptcy, former SoundCloud co-founder and CEO Alexander Ljung agreed to step down.  However, despite having a new CEO, its financial future remains uncertain.  According to new research, users have rapidly fled the sinking company.

\\ Via Digital Music News //