#10- Microsoft Buying TikTok?, The Big Three’s Quarterly Reports, Spotify CEO Defends Low Payouts

Joe and Colin talk how the tech giants and social media companies are making moves while the Big Three (WMG, Sony, Universal) show how they are doing with a whole quarter of COVID affecting the industry. Nothing is certain but this could be the next big moves for tech giants when it comes to music and media!

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Articles Mentioned:

Spotify CEO on Payouts:

https://musically.com/2020/07/30/spotify-ceo-talks-covid-19-artist-incomes-and-podcasting-interview/

https://consequenceofsound.net/2020/08/spotify-daniel-ek-artist-recording-comments/

Facebook Official Music Videos:

https://www.billboard.com/articles/business/9427791/facebook-music-videos-launch

The Big Three (WMG, SONY, UNIVERSAL) Quarterly Revenue:

https://www.billboard.com/articles/business/9428916/warner-music-earnings-2020-quarter-pandemic-revenue-losses

https://www.billboard.com/articles/business/9428890/sony-music-earnings-2020-financial-results-first-quarter-pandemic

https://www.billboard.com/articles/business/record-labels/9428802/universal-music-midyear-earnings-analysis-coronavirus-pandemic

Google Play Ends; Youtube Music to Fill Space:

https://www.billboard.com/articles/business/9429050/google-play-retired-date-youtube-music

Microsoft talks to buy TikTok:

https://www.cnbc.com/2020/08/03/microsoft-confirms-talks-to-buy-tiktok-in-us.html

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