Streaming music service Spotify has acquired music licensing body Loudr. The company was founded in 2013 to build products and services that make it easy for content creators, aggregators and digital music services to identify, track and pay royalties to music publishers. No financial terms were revealed.

The Loudr team of publishing specialists and technologists will join Spotify’s New York offices. Loudr will continue to provide select services to its publishing and aggregator partners, while contributing to Spotify’s continued efforts towards a more transparent and efficient music publishing industry for songwriters and rights holders.

“What Loudr has built is more than just a smart and easy way for artists to obtain mechanical licences; it’s true music industry innovation,” said Adam Parness, ‎Global Head of Publishing, Spotify. “The Loudr team perfectly complements Spotify’s music publishing operation and, together, we believe we can continue to foster a more open, streamlined, and modern music publishing landscape.”

Other posts by :

1. Starcloud wants 88,000 satellites
2. Lynk Global requests “experimental” satellite access
3. Safran Space links laser direct to satellite
4. SpaceX fearful of AST SpaceMobile’s potential?
5. Equatys wants 2,800 new satellites
6. FCC eyes freeing up Weird Space Stuff spectrum
7. SES happy with releasing 160MHz of spectrum for 5G
8. Inmarsat “likely to win appeal” over Ligado/AST action
9. FCC seeks fair play over foreign satellite access

Categories: Articles, Business, M&A, OTT, Policy, Regulation