Yesterday reports surfaced about Universal Music Group possibly banning streaming exclusives entirely, but a new report by BuzzFeedâs Reggie Ugwu has revealed a more nuanced approach. An anonymous source close to the label confirmed Universal Music Groupâs stance against giving extended exclusives to individual streaming platforms, but also cautioned that it doesnât amount to a âblanket banâ against such agreements entirely. Indeed, Universal Music Group may be forced to make some difficult decisions in the future, should artists who are not entirely under its purview â such as Taylor Swift, whoâs signed to independent partner Big Machine Records, and Cash Moneyâs Drake â continue to make agreements with the likes of Apple Music and cut UMG out almost entirely.
âIt must be pure coincidence, but chef Diana Davila âwho left Cantina 1910 in Decemberâ is back in the news days after her former restaurant permanently closed. Last year Reider launched his supper club, Pith from his Columbia University dorm room in New York.
Plus, get details about the latest from Lisa Hannigan, Ed Harcourt and more....more
(Reuters) - Amazon.com Inc is working on a music subscription service that would cost about $5 a month and would only work on its Echo hardware, tech news website Recode reported, citing sources. Amazon would like to launch the services in September, but has not finalized deals with major music labels and publishers, Recode reported. The Recode report said one sticking point, sources say, is whether Amazon will sell the cheaper service for $4 or $5 a month.