TikTok to Shake up B2B Music Licensing; Synchtank Raises $5.8m; Spotify Unveils Hub for Netflix Soundtracks, Playlists, Podcasts

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Platform & Stream
TikTok wants to shake up B2B music licensing on its service
Spotify unveils a new hub for Netflix soundtracks, playlists and podcasts
Tidal is investing in direct artist payments, a step toward fair streaming payouts
Spotify's new lyrics update could endanger karaoke machines
Synchtank Raises $5.8m in Series A Funding Round led by Octopus Ventures
Sony Music is a 'cornerstone investor' in NetEase Cloud Music
Songclip co-CEO Andy Blacker on the creator economy and a '$5 billion marketplace for music in apps'
LP Records Make Comeback in Music Streaming Era
Voice and music recognition firm SoundHound to list on NASDAQ with $2.1bn valuation via SPAC merger
AI-powered music platform Aimi raises $20m in Series B funding round
Four Tet says Domino have removed three of his albums from streaming services
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