Russian service Zvooq made peace with Sony Music and collected a "gentleman's set" of contracts with all major labels
Streaming service Zvooq managed to return the Sony Music catalog to its collection of records. Now the service has contracts with all existing major labels. Russian music services had problems with Sony label, especially in 2011-2012. Sony deleted music from the Yandex.Music service , from the project of the MTS operator and other Russian resources. At about the same time, the difficulty with licensing the catalog also arose for Zvooq itself.
According to rumors in 2011, Sony demanded higher payments from partners to whom they were not ready, writes Billboard.
On July 27, 2015, the Vedomosti newspaper interlocutors stated that Sony had signed an agreement with Mail.ru holding. The document was signed in court, where the lawsuit of Sony Music was to be considered concerning the violation of its rights to music posted on VKontakte. As a result, Sony Music has removed all the claims that she had to the social network. Now Sony music will appear in the musical project of the VKontakte team , in Odnoklassniki , possibly in other holding projects.
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Zvooq has an audience of around 5 million listeners in Russia, Ukraine, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Georgia, Azerbaijan and Armenia. A year ago, the service received $ 20 million from the Russian retailer Yulmart and the Finnish Essedel Capital .
In January, the service switched to advertising monetization while preserving premium features in subscriptions. For students, there are two options for using the service - a paid subscription or advertising. Paying a subscription, users will be able to listen to music without advertising and will get advanced features such as enhanced sound quality. Otherwise, they will view ads and use limited functionality.
According to rumors in 2011, Sony demanded higher payments from partners to whom they were not ready, writes Billboard.
On July 27, 2015, the Vedomosti newspaper interlocutors stated that Sony had signed an agreement with Mail.ru holding. The document was signed in court, where the lawsuit of Sony Music was to be considered concerning the violation of its rights to music posted on VKontakte. As a result, Sony Music has removed all the claims that she had to the social network. Now Sony music will appear in the musical project of the VKontakte team , in Odnoklassniki , possibly in other holding projects.
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Zvooq has an audience of around 5 million listeners in Russia, Ukraine, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Georgia, Azerbaijan and Armenia. A year ago, the service received $ 20 million from the Russian retailer Yulmart and the Finnish Essedel Capital .
In January, the service switched to advertising monetization while preserving premium features in subscriptions. For students, there are two options for using the service - a paid subscription or advertising. Paying a subscription, users will be able to listen to music without advertising and will get advanced features such as enhanced sound quality. Otherwise, they will view ads and use limited functionality.
Source: https://habr.com/ru/post/294148/
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