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TikTok secures music from Universal’s ‘full catalog’ of artists

The Verge

Today, TikTok and Universal Music Group (UMG) have announced the formation of what they’re calling an “expanded global alliance.” It’s a continuation and deepening of the agreement that allows TikTok’s massive user base to use songs from UMG artists. The UMG deal follows other deals with major sectors of the music industry.

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Peloton partners with Beyonce to create themed classes with the artist’s music

The Verge

If you purchased a Peloton bike or treadmill to exercise with during the pandemic, you’ll soon have a new collection of classes to take from a familiar artist. Peloton says that Beyoncé is one of the most requested artists for its playlists. Peloton says that Beyoncé is one of the most requested artists for its playlists.

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Universal’s new contracts will make it more difficult for artists to rerecord their work

The Verge

Universal Music Group is modifying its contracts to extend the period in which an artist can rerecord their music, The Wall Street Journal reported. The move comes after the success of Taylor Swift’s rerecorded albums and the music label’s effort to gain more rights from artists who decide to rerecord their work.

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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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Universal Music Group partners with Curio to make and sell NFTs based on its record labels and artists

TechSpot

To date, Curio has released more than 75,000 NFTs in collaboration with leading music, film and television brands. Curio launched in 2020 and dropped its first NFTs in February 2021. The service allows users to create, mint, market and sell NFTs. The company’s co-founder and co-FEO, Ben Arnon, previously worked at UMG.

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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. The companies are also supposed to work together on ways to promote Sony artists and “greater levels of TikTok user personalization.”.

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Record labels demand streaming providers block AI music scraping

TechSpot

Universal Music Group wants music streaming platforms like Apple Music and Spotify to block AI services from scraping melodies and lyrics. Read Entire Article

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