Spotify has acquired Loudr, the 5-year-old company that build products and services that identify, track and pay royalties to music publishers.
The Loudr team of publishing specialists and technologists will join Spotify’s New York offices. Loudr will continue to provide select services to its publishing and aggregator partners, while contributing to Spotify’s continued efforts toward a more transparent and efficient music publishing industry for songwriters and rights holders.
“What Loudr has built is more than just a smart and easy way for artists to obtain mechanical licenses; it’s true music industry innovation,” said Adam Parness, Global Head of Publishing, Spotify. “The Loudr team perfectly complements Spotify’s music publishing operation and, together, we believe we can continue to foster a more open, streamlined, and modern music publishing landscape.”
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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