Streaming music site SoundCloud will now have access to the Universal Music catalog, including songs from artists like The Weeknd, Sam Smith and U2. The licensing agreement allows Universal Music artists to make money from the advertising on SoundCloud when their songs are played. SoundCloud already has licensing agreements with other music companies, including Merlin and Warner Music Group. The company said it would also introduce a paid streaming subscription service this year. Continue reading SoundCloud Strikes New Licensing Deal with Universal Music

Pandora just bought ticketing company Ticketfly, a move that furthers the company’s goal to improve relationships with the musicians whose music it plays. Ticketfly will enable artists to promote live events and sell tickets to local listeners. Pandora’s move will likely nudge other streaming music services to follow suit. The Ticketfly purchase comes on the heels of Pandora’s development of its Artist Marketing Platform, AMP, a portal for artists. Pandora currently has 80 million monthly listeners, almost all in the U.S. Continue reading Pandora Buys Ticketfly, Boosting Ticket Sales for Live Events

Flipagram is a mobile storytelling app that allows users to create short slideshows (or “Flipagrams”) by stitching together video content, photos and music. The company has made a significant step towards becoming one of the first such apps to incorporate modern music in a major way by signing licensing deals with top record labels and landing an additional $70 million in funding. According to CEO Farhad Mohit, Flipagram has attracted 33 million active monthly users in its first year. Continue reading Flipagram Inks Music Deals, Raises $70M in Round B Funding

Content from indie artists could disappear from Google’s YouTube “in a matter of days.” As YouTube prepares to launch its ad-free streaming music service, it also plans to block videos from independent labels and artists that choose not to sign up for the new subscription offering. While YouTube has signed licensing deals with the major labels, it says it will block others from using its entire platform if they do not agree to terms of the upcoming premium service. Continue reading YouTube to Block Artists Who Don’t Sign Up for New Service

The newly revamped social service Myspace continues to attract an audience following its debut — with 31 million visitors and 995,000 app downloads reported in its first 14 days. It has also redesigned its mobile app and is launching a major marketing campaign to target millennials, with their music tastes and interests in mind. However, the service may still need to address issues related to offering unlicensed content from independent labels. Continue reading Redesigned Myspace Continues to Build Millennial Audience

Justin Timberlake released his latest song, “Suit & Tie,” on Myspace last week in order to promote both his new album and the revamped version of Myspace (Timberlake is a minority partner in the group that purchased the social network in 2011). The new Myspace, which lets users listen to music for free in order to help promote artists, has drawn early praise for its functionality and sleek design, but it may have hit a bump in the road as a coalition of indie record labels claims the network is using music from member labels without permission. Continue reading Revamped Myspace Hits Snag with Independent Record Labels