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Spotify reportedly lands licensing deal with Sony

Spotify has reportedly reached a licensing agreement with Sony Music Entertainment. Unnamed sources told Billboard that the streaming service has inked its second major label deal this year, after announcing an agreement with Universal Music Group in April. Representatives for both Spotify and Sony have declined to comment thus far on the rumored development. Continue Reading

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Labels seek EU regulatory intervention on Sony/ATV buyout

Sony has taken steps to assume sole ownership of the Sony/ATV publishing branch, buying out the stake owned by Michael Jackson’s estate. However, the move has raised some concerns among the other labels. Warner Music Group and a collection of independent labels have brought their concerns over the buyout before the European Commission. Continue Reading