loudr
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Spotify’s latest acquisition might help fix its royalty problem
Spotify announced today that it has purchased Loudr, a San Francisco-based company whose services, according to Spotify, "make it easy for content creators, aggregators and digital music services to identify, track and pay royalties to music publishers." Loudr describes its technology as "big data for music rights" and it uses algorithms to connect sound recordings to compositions. For music publishers, it can match their catalog to usage and make sure they're getting the proper amount of royalties.
