Daft Punk has signed a music publishing deal with Imagem Music U.K., just as the French electronic music duo’s fourth hugely-hyped album “Random Access Memories” crashes sales charts around the globe. In addition, Daft Punk’s “Random Access Memories” can now add “Spotify record holder” to its growing list of achievements as mentioned in our earlier post.
A union of five independent labels sold to U.S. retail by Warner Music Group’s Alternative Distribution Alliance (ADA) is seeking a physical-only distribution deal that could upset the business model for distributors, according to sources familiar with the plans.
Apple plans to showcase iRadio at its Worldwide Developers Conference (WWDC) next week after finally having secured licensing rights with Warner Music Group and Warner/Chappell Music. Direct deals with Sony Music Entertainment and Sony/ATV are still under negotiation however a report earlier this month claimed Apple’s unwillingness to pay royalty advances to copyright holders has kept the company from striking deals with the three major labels.