Latest Industry: YouTube, Sasquatch!, Sony/ATV, Songkick, Instagram, Triller, More…

Latest Industry: YouTube, Sasquatch!, Sony/ATV, Songkick, Instagram, Triller, More...

Sony/ATV, Stellar Songs, and MER launch Stellar Songs Scandina.

MER, a Norwegian independent music company, has entered into a worldwide publishing joint venture with Stellar Songs and Sony/ATV Music Publishing Scandina.  The agreement – which establishes Stellar Songs Scandina – also includes administration rights of MER’s publishing catalog.

Songkick surpasses 150 million users.

Songkick has announced the addition of artist-specific fan and gig analytics.  The company has also confirmed that over 150 million music fans use Songkick.

Spotify to allow Android users to reposition songs on playlists.

Spotify will reportedly allow Android users to re-order songs on playlists.  Users can already re-arrange tracks in playlists on the web player and desktop client.

Hipgnosis Song Fund successfully raises money ahead of an IPO launch.

The Hipgnosis Song Fund has successfully raised £200 million ($262 million).  Founded by Merck Mercuriadis, the IPO will launch on the London Stock Exchange in several weeks.

YouTube ignores its community once more.

YouTube has killed a feature that would have allowed content creators to upload personalized auto-play thumbnail clips.  The company has opted instead to use auto-generated thumbnail clips.

Prepare to pay $2 more a month — just to watch a new Snoop Dogg documentary.

YouTube Originals Documentary has launched the trailer for a new documentary featuring Snoop Dogg, Warren G, and Nate Dogg.  G Funk will explore the roots of hip-hop through the story of 213.  Users can watch the video on YouTube Premium, which costs $2 more a month than its streaming music-only counterpart, YouTube Music.

Instagram adds background music to Stories while Snapchat fades away.

Instagram has confirmed that 400 million people – double Snapchat’s number – use its Stories feature daily.  In addition, the company has announced users can now add licensed background music to their Stories.  The feature includes the option to view song titles and artist names.

After 17 years, Sasquatch! Music Festival goes the way of the dodo.

First launched in 2002, festival organizers have announced the Sasquatch! Music Festival, a single-day concert, will shut down.  Declining attendance in the past three years led to its demise.