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If you are one of the millions who relies on Spotify to stream music for free, your unlimited access may soon be restricted if the major labels have their way. This according to a new report that says Universal Music Group is trying to leverage its current contract negotiations, which Spotify said it would make the company $1 billion in revenue, to restrict the free service. -
Universal Inks Deal To Allow Targeted, Retroactive Product Placement In Music Videos
Product placement in music videos has become ubiquitous in the industry and now it's set to change after Universal Music Group signed a deal that allows advertisers to digitally insert their products into previously released videos then later swap them for new products once a campaign is complete, The Financial Times reports.Universal, who represents artists such as Justin Bieber, Rihanna, and The Rolling Stones, signed the deal with MirriAd, who provides the technology.
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