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Sunday, December 20, 2020

Record labels reap billion-dollar bonanza from tunes on social media


After years of railing against technology giants for exploiting music to attract customers, record companies have embraced social media as their new cash machine. In the latest example, Warner Music Group has signed a deal with TikTok.

source https://www.seattletimes.com/business/record-labels-reap-billion-dollar-bonanza-from-tunes-on-social-media/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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