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CMU Podcast: Spotify, Bloc, SoundCloud, Martin Shkreli

By Andy Malt and Chris Cooke | Published on Friday 12 February 2016

CMU’s Andy Malt and Chris Cooke review the week in music and the music business, including Warner Music and Sony Music’s commitments to share any cash from selling Spotify shares with their artists, Bloc’s move out of the festival market, SoundCloud’s make or break year, and (for some reason) Martin Shkreli. The CMU Podcast is sponsored by 7digital.

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Stories discussed this week

• Free money all round, say Warner and Sony on Spotify IPO payouts
• Bloc announces 2016 festival to be its last
• SoundCloud financials confirm challenge ahead in make or break year
• Ghostface Killah responds to Martin Shkreli

CMU Approved

• Highasakite
• Joy Crookes
• The Invisible
• Let’s Eat Grandma

What we didn’t have time to talk about

• Specifics revealed about Happy Birthday settlement, it will cost Warner over $30 million
• ERA says major retailers may drop music if public performance licence costs aren’t reduced
• Popcorn Time rival adds music into the mix
• Canadian company to build new, automated vinyl presses

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