Spotify completed the acquisition of Loudr.

Spotify, a music streaming services company, completed the acquisition of Loudr, a music licensing platform. Financial terms were not disclosed. “What Loudr has built is more than just a smart and easy way for artists to obtain mechanical licenses; it’s true music industry innovation. The Loudr team perfectly complements Spotify’s music publishing operation and, together, we believe we can continue to foster a more open, streamlined, and modern music publishing landscape.” Adam Parness, ‎Spotify Global Head of Publishing.