Exploration Audio Newsletter - July 9, 2021

Virtual experience platform Roblox recently signed a deal with Sony Music Entertainment this week, and is reportedly in talks with other record labels as well. The company has grown dramatically in recent years, reporting 43 million daily active visitors in May. The NMPA filed a lawsuit against Roblox last month for allegedly enabling piracy when users uploaded copyrighted music and shared them within Roblox experiences.

According to a recent announcement, the IFPI’s Sub-Saharan Africa office will be administering the International Standard Recording Code (ISRC) data system for the continent, except for South Africa, where it is already managed by another entity. The office will also be holding virtual seminars this month to teach musicians how to use it.

LyricFind has signed a licensing agreement with Abramus Digital, which is part of Brazilian collecting society Abramus, and represents more than 80,000 songwriters and publishers. Brazil is the fifth-largest territory in terms of business for the lyrics-focused company.

Tune into our third installment of the Exploration Update below, a weekly video by Exploration co-founder and CEO Aaron Davis explaining notable updates - or what we call "brags" - as we dive into how Exploration accomplishes specific tasks and milestones to improve our operations and ultimately better serve our clients.

 

Exploration: https://exploration.io/exploration-weekly-roblox-inks-deal-with-sony-ifpi-launches-isrc-data-system-in-africa-lyricfind-expands-to-brazil-with-abramus-digital/
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#Roblox #Sony #IFPI #ISRCDataSystem #LyricFind #AbramusDigital #MusicIndustryNews #ExplorationWeekly