In The Know: SoStereo's Music News Summary, August 24, 2018

SoStereo's weekly music news summary with the Apple & Shazam deal set to go through, Universal Music getting into ESports and more.
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Ibiza Residents Launch Protest Against Noise Laws:

Ibiza residents have launched a campaign, Musica Si En Ibiza (Yes To Music In Ibiza) to try and fight against government laws regulating noise around the island. Residents who rely on the music and tourism economy such as bar owners, hoteliers, promoters, musicians and those who work in hospitality, have teamed up to fight the laws that they say are hurting their business and potentially forcing the closure of some businesses. They point to regulations in areas of San Antonio, Playa d’en Bossa (and its beach clubs), Salinas, Cala Bassa and Cala Jondal. The island is changing rapidly as the government is trying to preserve it for those who live there full time. However, it is reliant on tourism, notably dance music tourism. If it imposes regulations that are too onerous, the business may move to other places in the Mediterranean.

Apple’s $400 Million Buyout Of Shazam Reportedly Set To Be Approved In Europe:

Last December, Apple announced it was acquiring Shazam, the wildly popular music identification app. The move was approved in the United States, but it wasn’t clear if this was going to be approved in Europe. In April, the European Commission opened an investigation into the deal. There were concerns from regulators about the integration between Apple Music and Shazam, notably how Shazam would refer users to Apple Music, but according to a report from Reuters, the acquisition is set to go ahead.

Universal Music and ESports Firm ESL Partner To Launch Label:

Universal Music Group Central Europe and ESports Firm ESL have partnered together to launch a music label that will sign artists with the focus on ESports. The artists will have their music promoted across global tournaments and channels, the company’s social media channels, while also being able to perform at marquee events around the world. Musicians are always looking for a way to get new ways of promotion, so moving into a growing space with a very devoted fan base, could create some big artists. This likely won’t be the last large label to do something like this. Monstercat is one label who has been heavily involved in the ESports space for sometime, while many DJs have been involved on their own for sometime. 

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