- Music identifying app Shazam finally turns a profit! Not from commission on iTunes sales, but from renting their sound recognition technology to advertising agencies. (If you don’t have a login, Google the title and hit the first link.)
- The record industry has worked out how to save itself: have a flashback to 2002 and sue youtube-mp3.org (which I’d never heard of either), who are apparently making “millions” from cheap banner ads. This will definitely make it rain again, yes it will. Here’s a list of others. Extracting audio from YouTube is trivial; there are numerous YouTube downloader extensions for Firefox that do it for you. There is no point to this.
- YouTube hires a record company executive, famous for his troublemaking ways. The record industry is somehow convinced that he’ll be working for them and against his actual employer, because reasons.
- Spotify in advanced talks to buy SoundCloud, probably to show that “synergy” is another word for 2+2=1. (You can find the FT original by Googling “Spotify in advanced talks to buy SoundCloud” and hitting the first link.) Both are haemorrhaging money now, it’s entirely unclear how combining will “take on Apple Music” (does anyone use Apple Music?) as the press is touting. You might have to find another free host for your demos and mixtapes.
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