Music streaming service Deezer plans Paris listing

By Leila Abboud PARIS (Reuters) – Music streaming service Deezer plans a flotation on the Paris stock exchange by the end of the year as it tries to keep up with larger, deeper-pocketed rivals such as Apple Inc and Sweden’s Spotify. Deezer, which analysts expect to achieve a stock market valuation of about 1 billion euros ($1 billion), and its rivals represent a shift in the music industry, away from buying and downloading tracks to listening online to songs stored remotely

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After years of delay, Mega founder Kim Dotcom facing extradition

By Charlotte Greenfield and Matt Siegel WELLINGTON/SYDNEY (Reuters) – Nearly four years after dozens of black-clad police rappelled into his New Zealand mansion and cut him from a safe room, flamboyant German tech entrepreneur and would-be hip-hop star Kim Dotcom may finally be about to face the music.

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Lady Gaga, Julie Andrews notch Oscars’ top social media moment

By Piya Sinha-Roy LOS ANGELES (Reuters) – There were underpants, Lego statues and a nail-biting finale on the Oscars stage on Sunday, but it was Lady Gaga's “Sound of Music” spectacular that sparked the most chatter on social media. The Oscars lit up digital platforms, with 21 million people logging 58 million interactions about the awards ceremony on Facebook Inc, according to figures from the social networking site on Monday. Lady Gaga performed a medley of hits from “The Sound of Music” and then was joined by Julie Andrews on stage for the 50th anniversary of the musical, which was talked about by 214,000 people per minute globally on Facebook, the company said.

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Google’s YouTube to launch subscription music service in ‘few months’

(Reuters) – (This story corrects headline and first sentence to show that paid subscription service is for music, not broader service; changes source to Google, not CNBC; removes reference to YouTube exploring a paid, ad-free version of its service in Feb.18 story) Google Inc is set to launch its paid monthly subscription service called YouTube Music Key in a few months, Robert Kyncl, the online video service's head of content and business operations, said at the Code/Media conference. …

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EU starts in-depth inquiry into online music licensing venture

BRUSSELS (Reuters) – The European Commission said on Wednesday it had opened an in-depth investigation into the planned creation of an online joint venture by three organizations which collect rights for music. The joint venture would be between Britain's PRS for Music Limited (PRSfM), Sweden's Foreningen Svenska Tonsattares Internationella Musikbyra (STIM) and Germany's Gesellschaft für musikalische Auffuehrungs- und mechanische Vervielfaeltigungsrechte (GEMA). ..

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Minister says spy agencies don’t have enough powers to protect UK

LONDON (Reuters) – Britain's failure to pass a law forcing communications firms to collect and store online data is endangering lives and weakening the country's ability to protect itself, Theresa May, the interior minister, warned on Wednesday. “Every day that passes without the proposals in the communications data bill, the capabilities of the people who keep us safe diminishes and …

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