The Deals: Twitch Signs Label Licensing Deals for DJ Live-Streams; Tencent Buys $70M Stake in Thailand-Based GMM Music

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The Deals: Twitch Signs Label Licensing Deals for DJ Live-Streams; Tencent Buys $70M Stake in Thailand-Based GMM Music
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Twitch signs music licensing agreements with labels and more music deals also involving Tencent, Bandcamp, Sony Music and Virgin Music Group.

, according to a blog post. The deals specifically cover DJs who live-stream on the platform; other uses of music are not covered.

Under the deals, starting this summer, DJs will need to opt into a new agreement that will apply to all streaming on their Twitch channels. Thereafter, a portion of DJs’ earnings on the platform will be paid to music companies, with the majority of those earnings subject to a 50-50 split between DJs and Twitch.

, the independent label known for launching the careers of artists including Tove Lo, Charli XCX and MARINA, signed a global distribution agreement with. Recent releases from Neon Gold include Good Neighbours’ debut single “Home” and Mt. Joy’s “Highway Queen”; other acts on the roster include The Knocks and Juliana Madrid. The label also revealed its newest signing: alt-pop band Phantogram, whose new single, “All a Mystery,” was released May 31.

— a platform that allows songwriters, producers and other creators to connect, collaborate, package, pitch and sell their original unreleased music to Japanese, Korean and Taiwanese labels and A&R professionals — has welcomedto the platform as official users. By joining SURF Music, the labels will have the ability to explore SURF’s marketplace of unreleased demos using AI-supported search tools., the developer of the similar Rhythmic Rebellion platform.

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