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Spotify closes UMG deal; will allow album exclusives on Premium

After two years of negotiations, Spotify has broken through with a major label deal. The two companies had been operating on a month-to-month basis while working out a longer-term arrangement. They have been in on-again-off-again negotiations, but now they reportedly just need the sign-off from both CEOs to become official. Continue Reading

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Prince will return to streaming on February 12

Prince’s catalog from Warner Bros is confirmed for release to streaming services on Sunday. NPR received word of the date from Napster, and the songs are expected to be available on most other streaming platforms as well. iHeartRadio has some purple plans for celebration. Universal has secured rights to manage the rest of Prince’s catalog. Continue Reading

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NY:LON Connect conference talks streaming prices, indie successes

Music Ally’s NY:LON Connect conference yesterday gathered experts and leaders from the music business to discuss some of the industry’s top topics. One session debated the prices for streaming music access and asked whether a lower monthly rate would help bring in more paying listeners. Another session focused on labels and how they can address the large share of media consumption given to video. This included a presentation by Charles Caldas, CEO of indie label network Merlin. Continue Reading