Music Licensing 

Amazon India signs three new deals for Prime Music portfolio

Reading Time: 2 minutes Post Views: 3,165 Strengthening its prime music area, Amazon India has signed three content deals for Amazon Prime Music with Lahari Music, Muzik 247 and the Indian Performing Right Society. The Indian Performing Right Society (IPRS) will provide Amazon India with an access to the IPRS repertoire of more than a million titles across multiple languages, eras and genres of Indian music. The IPRS claims that it represents more than 4,000 Indian authors, composers and music publishers. On the other hand, Muzik 24 will add Tamil and Malayalam music to…

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Collaborations Music 

Reliance JioMusic, Saavn to merge; inks $1 billion deal to create digital music

Reading Time: 3 minutes Post Views: 3,595 Reliance Industries Limited signed definitive agreements to combine music-streaming business Saavn, with its own digital music service, JioMusic. The deal will combine the streaming media expertise of Saavn with the connectivity and digital ecosystem of Jio, to tap a “billion users in India and globally,” the companies said in the official statement. The combined entity is valued at over USD 1 billion, with JioMusic’s implied valuation pegged at USD 670 million. In addition, Jio will invest an additional USD 100 million towards making the combined platform one…

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Entertainment Licensing 

Google launches subscription-based music streaming service in India

Reading Time: 2 minutes Post Views: 3,953 Following on the footsteps of Apple, technology giant Google has launched its subscription-based music streaming service in India. Google’s push with its music service in India comes in view of Apple’s plan to use services as a bait to lure local users ahead of its big expansion in the country. Apple is offering its music services on Android devices giving it a taste of its ecosystem. The move aims to build loyalty among the subscribers to remain in its ecosystem and take on local rivals like Gaana…

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