Hangout FM, a new social platform launched by Turntable Labs, is ramping up its licensing efforts with the signing of two agreements with music rights societies in North America as a prelude to the launch of the social platform connecting users through the discovery and curation of music.

The Florida-based company has secured an agreement with Canadian collective management organisation SOCAN that will "ensure the collection and distribution of performance royalties to all its music creator ...

Australian Stock Exchange-listed music credits database company Jaxsta has rebranded as Vinyl Group, in a move that reflects the recent changes in the structure of the company, which now incorporates three distinct businesses — data with Jaxsta, music services and digital distribution with Vampr, and vinyl selling platform Vinyl.com.

"This new identity is more than just a name change. It represents a unified vision for our future — a future where our technology and products are more inter...

Spotify CEO Daniel Ek has informed the music streaming company's staff that 1,500 of them, or 17% of the company's 9,200 employees, will be losing their jobs as part of "organisational changes" designed to "rightsise" costs.

"Over the last two years, we’ve put significant emphasis on building Spotify into a truly great and sustainable business — one designed to achieve our goal of being the world’s leading audio company and one that will consistently drive profitability and growth into the f...