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On the Internet, by contrast, a new service must obtain a license from whoever owns a recording. There are no statutory royalty standards for recorded music in the digital universe, giving record companies the ability to demand any form or amount of payment they want from a new tech startup. Without buy-in from the major record companies, any new platform is limited to a tiny fraction of the music universe -- a situation that isn't very attractive to most listeners or to venture capitalists looking for a return on their investments. Labels now often demand equity in the new digital services as part of a licensing deal -- a situation analogous to the labels owning stock in brick-and-mortar record stores. All four major labels are currently shareholders in Spotify. for example. Except for merging, Free mp3 merger also works as an audio converter which allows you convert between nearly all audio formats in batches. You can fully customize your output by adjusting a range of basic and advance parameters. Choose other audio formats as output format if you'd like to change the source format.

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