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In The Know: SoStereo's Weekly Music News Summary September 28, 2018

SoStereo's weekly music news summary with Live Nation facing government questions over Tradedesk, Ditto launching Ditto Plus and more
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U.S. Senators Put Pressure On Live Nation To Explain Ticketmaster Scalping Allegations:

Senators Jerry Moran and Richard Blumenthal are asking Live Nation to explain by October 5 Ticketmaster’s professional resale platform, Tradedesk. It was exposed in a report that Ticketmaster was recruiting scalpers and allowing them to skirt the company terms and conditions on the platform. This was done since Ticketmaster makes extra money in the form of extra fees from resales.

Read the letters here.

Apple Completes Acquisition of Shazam, Rolling Out Ad-Free Version:

The acquisition of Shazam has been completed. Apple officially has its company for $400 million. It will continue to operate the free app with banner ads, but is set to launch an ad-free version for a one-off price of $6.99.

Spotify Testing Semi-Personalized Company Playlist:

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Spotify is testing adding personalized songs to some of its company playlists for select users. Songs are being added to a number of company playlists such as Beast Mode, Chill Hits, Dance Party, and Metal Ballads. They won’t touch the heavily curated playlists like Rap Caviar and Mint, but they are testing this out to mix some personalized songs and their own curation.

Read more here.

Ditto Music Launches Ditto Plus:

Distribution company, Ditto Music, has announced it is launching a new service Ditto Plus. This wraps up all of their offerings, public relations, social media support, creative design, digital marketing, radio promotion and playlist pitching, with their distribution, all in one service. It will all come with a “fairer” royalty rate and no upfront fee. Spotify’s direct uploading may be forcing the distribution services to work harder to retain their customers, which could be good for artists.

Read more here.

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