CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last seven days, including Lyor Cohen’s SXSW keynote, iHeartMedia’s long-awaited bankruptcy filing, and the $300 million lyric-theft lawsuit against Miley Cyrus. Setlist is sponsored by 7digital.
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Stories discussed this week:
• Lyor Cohen confirms YouTube music subscription service at SXSW
• iHeartMedia finally files for bankruptcy
• Miley Cyrus sued for $300 million over We Can’t Stop lyric
In brief:
• Spotify continues its unconventional stock market journey with live-streamed investor pitch
• Sony Corp in talks to buy rest of EMI Music Publishing
• Rihanna calls out Snapchat, share price tumbles
Also mentioned:
• Watch Lyor Cohen’s SXSW keynote
• Buy Chris’s new book on how streaming music services are licensed and where the money goes right here on Amazon
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