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Synopsis
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.
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