Newsletter for Legal created at May 01, 2025 06:50

Newsletter: IMPALA supports EC investigation, Spotify to raise prices, ABBA on AI partnerships

This newsletter is about IMPALA welcoming the European Commission's investigation into Universal Music Group's acquisition of Downtown Music Holdings to prevent competition concerns in the music value chain. The Canadian music industry is divided over a new streaming levy, Spotify is planning to raise subscription prices in Europe and Latin America, and Splice has acquired Spitfire Audio for $50 million. YK Osiris is hesitant to release new music due to fears of humiliation, while ABBA's Björn Ulvaeus advocates for a respectful partnership between AI companies and creators. Universal Music Türkiye has acquired Turkish singer Sezen Aksu's catalog, and the NMPA has accused Spotify of lower royalties for songwriters.