MelodyVR
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Napster has a new owner
The saga of Napster has taken an interesting turn, as the piracy-turned-streaming site been acquired by the VR experience company MelodyVR.
MelodyVR's music app will have songs from the biggest labels
When MelodyVR finally launches its virtual reality platform for music, it'll have experiences to offer from all three major record labels. After signing up both Warner and Universal Music within the past few months, it has now forged (PDF) a worldwide multi-year licensing and distribution deal with Sony Music Entertainment. The startup calls the team-up "an extremely significant milestone," since it will now be able to use Sony's vast catalog, which includes music from artists signed by Columbia, Epic, Legacy, Masterworks, RCA Records, Sony Classical, Sony Music Latin and Syco Music. According to VRFocus, experiences featuring Sony's tracks will launch on the platform, but the record label can use them elsewhere after some time.