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French music startup Deezer secures $130 million in funding led by Warner Music Group owners
Deezer, the Paris-based music streaming service, has secured $130 million in what is being called the largest-ever funding round for a startup in France.
The fundraising – led by Access Industries, the Len Blavatnik-owned U.S. company that bought Warner Music Group last year – should help drive the Spotify-like service as it makes a push to launch in more countries.
Deezer, which is popular in France but has been slow to reach audiences abroad, went live in Canada, Australia and New Zealand in April.
“This investment comes at the right moment to change the scope of ambition,” CEO Axel Dauchez told the European edition of the Wall Street Journal. “We have proved the model. We have proved that in some countries that have never monetized before we are currently generating revenue for the music industry.”
In December, the French company was dramatically outpacing Spotify in its user base – with 20 million users to Spotify’s 12.5 million, though the Swedish service has far greater brand recognition internationally.
But unlike Spotify, which now has a sizeable U.S. userbase, Deezer said last year that it plans to bypass the U.S. and Japan from its list of countries, claiming it’s “due to market saturation and low growth forecasts” and the fact that the two represent “only” 25 percent of global music consumption.
Spotify initially sidestepped the U.S., too, while the company negotiated partnerships with American record labels.
However, the Swedish service never specifically snubbed the U.S.
For Deezer, it remains unclear if its plans have changed. [YahooMusic]
FALL 2012 ALBUM RELEASE SCHEDULE
As the weather gets colder, music’s hottest artists are gearing up to release newalbums. We’ve compiled our annual list of fall’s most-anticipated releases from newcomers like Kendrick Lamar and French Montana to veterans like Brandy and T.I., who are planning big year-end comebacks.
Will R&B crooner Ne-Yo keep the winter fires burning with his R.E.D. album and will the highly-anticipated Dreams and Nightmares from Maybach Music Group’s spitter Meek Mill live up to the great expectations?
There’s also a slew of divas expected to drop albums including Nicki Minaj, Rihanna, Alicia Keys, Keyshia Cole, Ciara, and even the late great Whitney Houston.
Here is a rundown of what ear candy will keep your iPod bumping well into the new year. As always, these dates are subject to change. Check out the dates after the jump! [RapUp]
October 9
Machine Gun Kelly – Lace Up
MellowHype – Numbers
Xzibit – Napalm
Mateo – Suite 823
October 11
Jay-Z – Live in Brooklyn
October 15
Leona Lewis – Glassheart (U.K. only)
October 16
Brandy – Two Eleven
Dawn Richard – GoldenHeart
K’naan – Country, God or the Girl
Bobby V – Dusk Till Dawn
October 22
Kendrick Lamar – good kid, m.A.A.d city
Ryan Leslie – Les Is More
October 30
Meek Mill – Dreams and Nightmares
CeeLo Green – CeeLo’s Magic Moment
Marcus Canty – THIS…Is Marcus Canty
November 6
Ne-Yo – R.E.D.
November 13
Big Boi – Vicious Lies and Dangerous Rumors
Whitney Houston – I Will Always Love You – The Best of Whitney Houston
50 Cent – Street King Immortal
The Weeknd – Trilogy
Christina Aguilera – Lotus
Travis Barker & Yelawolf – Psycho White EP
November 19
Keyshia Cole – Woman to Woman
Nicki Minaj – Pink Friday: Roman Reloaded Re-Up
Pitbull – Global Warming
November 20
Talib Kweli – Prisoner of Conscious
November 27
Alicia Keys – Girl on Fire
December 4
Wiz Khalifa – O.N.I.F.C.
Ciara – One Woman Army
Ke$ha – Warrior
Melanie Amaro – TBD
December 11
Bruno Mars – Unorthodox Jukebox
Lil Wayne – I Am Not a Human Being II
December 18
T.I. – Trouble Man
Ca$h Out – Patience
Additional Q4 Releases (Date TBD)
Rihanna – TBD
Big Sean – Hall of Fame: Memoirs of a Detroit Player
Game – Jesus Piece
Kid Cudi – Indicud
French Montana – Excuse My French
A$AP Rocky – LongLiveA$AP
SoundCloud Partners With Getty Images Music
The Web made licensing music drastically more efficient. Now a small button on the ubiquitous SoundCloud streaming player makes licensing music even easier.
SoundCloud, a music hosting and sharing platform with more than 20 million users, has partnered with music licensing platform Getty Images to bring together their groups of creators and licensors.
Audio comments from Getty Images COO Nick Evans-Lombe and SoundCloud CEO/founder Alexander Ljung) ”It’s really exciting because it’s taking away the complexity with respect to sync licensing,” director of Getty Images Music Melinda Lee says. “Many times you hear a track and you don’t the owner, the name of the song, the publisher, how many publishers.”
Not that licensing music is terribly complex these days. Getty Images helped change that when it purchased Pump Audio in 2007 and delivered a streamlined approach to finding and acquiring music for a variety of needs.
Now anyone interested in licensing music through Getty need not use its platform as the starting point. The SoundCloud streaming player and widget will now have a “license” button if the artist has opted to make the track available for license.
In addition, SoundCloud will get a branded collection of music at both Getty Images Music and SoundCloud websites.
Since SoundCloud represents millions of diverse creators around the world, the partnership taps a unique collection of tracks. In a statement left — fittingly — in an audio recording, SoundCloud CEO/founder Alexander Ljung emphasized that the partnership opens up licensing opportunities to both professional and casual creators and covers everything from music to sound effects.
“Really exciting to see what happens with this,” he said.
Getty Images Music is a part of Getty Images, the first company to license digital imagery online. Getty Images Music offers production music for a variety of uses and budgets.
In the last year, the Getty Images Music catalog has grown 40% with the help of partnerships with Elias, Atom Factory, Ah2, Indaba Music, Tribe of Noise and the artists and labels in its Guestlist initiative. Getty also added a Hispanic division through its partnership with MuuseMe.com.
SoundCloud users will have to choose between potential licensing opportunities and potential track sales. The FAQ at SoundCloud explains the URL used for the buy link is the only available location in the streaming player and widget that allows SoundCloud to identify a track as being available for licensing. Because of this “technical limitation,” it explains, users must pick between one of the two options.
One number SoundCloud users will want to consider when making that decision is 35%. That’s the percent of sync licensing revenue Getty pays to the artist. Getty keeps the remaining 65%.
THE DONALD EXPLAINS IT ALL FOR YOU
Speaking of essential reading, Don Passman’s industry bible All You Need to Know About the Music Business will be released in its eighth edition Dec. 4. Be assured the dust jacket will be loaded with endorsements from high-profile figures. For example, Katy Perry says, “I read this book when I was 13 and then things turned out okay for me.” Passsman’s client Tom Waits offers, ”I’ve spent years trying to get Don to open up like this to me. Never has he been so eloquent, so patient, or so thorough. It cost me a fortune to get these diamonds from Don: Now you can have them. For your own. At a fraction of the cost.” And Adam Levine cuts to the chase (he’s busy), stating, “If you want to be in music, you have to read this book.” [HitsDailyDouble]