Bill Werde, Director of the Bandier Music Business Program at Syracuse University, argues that the freemium model championed by YouTube and Spotify may now be holding back growth in the world’s most populous music markets — and that it’s time for the industry to ask whether ‘free’ is still serving it…
Universal Music Group and its subsidiary Virgin Music Group have agreed to sell Curve Royalty Systems to Jamen Capital and Merlin. The sale is the divestment that the European Commission required as a condition of clearing Universal Music Group‘s $775 million acquisition of Downtown Music Holdings in February. It paves the way for Curve, the royalty processing platform used by thousands … Continued