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The Deals: Ticketmaster Integrates With Shazam, Beatport Gets Fraud Detection Partner
Ticketmaster and Shazam, Beatport and Beatdapp and more music industry deals involving Virgin Music Group, Believe, and Red Light Management.
“Although our fraud rates still remain half that of the industry average, we rely on accurate streaming data not only to preserve fair compensation to artists and labels, but also for track recommendations and analytics. Believe acquired a 25% stake in Global Records, an independent dance music company covering Central and Eastern Europe, and signed a strategic partnership with the label. ADA Canada signed a global distribution deal with country music label MCM Recordings, which is home to Jess Moskaluke, Charlie Major and The Redhill Valleys.
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