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Napster just sold for $207 million

Engadget

The once-iconic music-sharing platform Napster just sold for $207 million, according to reporting by CNBC. More specifically, the company plans on creating virtual 3D spaces for music fans to attend concerts and listening parties, in addition to creating a sales platform for musicians and labels to sell merch.

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TikTok and Sony Music reach a long-awaited licensing deal

The Verge

TikTok and Sony Music Entertainment have reached a licensing deal that will keep bringing songs from the record group’s roster of hit artists to the shortform video app. TikTok is paying “a significant increase” over its previous licensing deal, according to Bloomberg. Illustration by Alex Castro / The Verge.

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A TikToker sues Roblox for using her viral Charli XCX dance without permission

Fast Company Tech

Last year, during the height of Brat summer, Roblox partnered with singer Charli XCX to feature her music and likeness in an in-game concert within “Dress to Impress,” a fashion game on the platform. That was after Roblox reached out to her about licensing the dance as an emote for players to purchase.

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Deadmau5-founded startup Korus taps into AI for music creation

TechCrunch

Pixelynx, an Animoca Brands-owned metaverse company co-founded by DJ and producer Deadmau5, announced today its newest suite of tools for its flagship product Korus, an AI-powered music creation platform where you can remix content using AI and licensed stem files made by artists and music labels, then mint music and earn revenue.

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Uppbeat launches a freemium music platform aimed at YouTubers

TechCrunch

A new music platform, Uppbeat , aims to make it easier for YouTubers and other content creators to find quality free music to use in their videos. based co-founders of another music-licensing company, Music Vine , which has been operating for about six years. That led to deciding to build Uppbeat,” he says.

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Snapchat finally lets all iOS users put music in their snaps

The Verge

Snap is making good on its word to bring music to Snapchat and setting itself up to compete even more so with TikTok and Instagram. The company announced today that iOS users around the world will be able to include popular music in their snaps. Snap doesn’t say how big its music catalog is other than calling it “robust and curated.”

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UK music platform for creators Uppbeat raises $6.15 million Series A

TechCrunch

based music platform Uppbeat has been developing a service that makes it easier for content creators to find quality free music to use in their videos published to platforms like YouTube, Twitch, TikTok, and others. based co-founders of another music-licensing company, Music Vine. million GBP ($6.15

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