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Ad-Supported Streaming Music Service We7 Posts $5.8M Loss

London - U.K. ad-supported streaming music service We7 posted a $5.8 million loss for its 2009 fiscal year, up from the $1.6 million loss reported in...

Licensing Platform Lickd Strikes Metaverse Music Deal With Decentraland’s Vegas City

Music Business Worldwide reports: "UK-born Lickd, which provides claims-free commercial music for creators, has inked an exclusive deal with Vegas City, a virtual district...

MySpace, PRS for Music Ink Promotional Partnership

London - U.K. performing rights organization PRS for Music on Monday announced a marketing partnership with News Corp.'s (NYSE: NWS) MySpace online social network. Under the terms,...

LimeWire File-Sharing Software Resurrected

Los Angeles - Less than a month after a federal court ordered a halt to distribution of file-sharing software application LimeWire, a "secret" development team has...

Entertainment Industry Winners And Losers From COVID-19

Forbes reports: "Let’s take a look at the entertainment industry winners and losers from COVID-19, starting on a happy note with the winners." Read more

iHeartMedia Acquires Podcast Technology Company Voxnest

Music Business Worldwide reports: "iHeartMedia has entered into an agreement to acquire New York-based Voxnest, a podcast marketplace and provider of podcast analytics, publishing...

Sonos Acquires Snips For $37.5M To Improve, Privatize Voice Control

Hypebot reports: "Sonos has acquired Snips, an Artificial Intelligence voice platform for smart speakers focused on private voice technology for $37.5 million. Voice control...

Licensing Platform Pex Secures $57m Investment From Tencent, Tencent Music Entertainment...

Music Business Worldwide reports: "The round was joined by existing investors with additional participation from Tencent, Tencent Music Entertainment, the CueBall Group, NexGen Ventures...

Spotify Joins Recruitment Drive for Web3 Experts

Music Business Worldwide reports: "The NFT business has attracted a lot of attention from the music industry. All three major labels are ramping up...

SoundCloud Rolls Out Snapchat Integration, with Facebook Stories Coming Soon

Music Business Worldwide reports: "SoundCloud has rolled out a new integration with Snapchat, which builds on last week’s launch of Sounds, a new feature...