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Napster Sold to Virtual Reality Concert App MelodyVR for $70 Million
Billboard reports: "Napster is on the move, again. London-based virtual reality concerts company MelodyVR announced on Tuesday that it is acquiring Rhapsody International, which...
Loop Media Teams Up With TiVo For Music Videos
Forbes reports: "Loop Media is partnering with TiVo. Loop Media is a streaming company that focuses on short-form video. Their library includes a mix...
Artist Services Startup Stem Raises $10M From Coach K, Baron Davis...
Billboard reports: "Artist services platform Stem has secured $10 million in fresh funding, at a time when the company's mission of accelerating musicians' access...
Jay-Z’s TIDAL Pays $7M To Launch VR Concerts With Sensorium
Hypebot reports: "Music streamer TIDAL has purchased of $7 million in tokens issued by global social VR platform Sensorium. The deal makes it possible...
Restream Adds $50M, Launches ‘Studio’ To Help Creators Live Stream To...
Hypebot reports: "Restream has raised $50 million to expand its suite of services that help creators live stream. Today’s Series A was co-led by...
This New App Does For Songs What Instagram Filters Do For...
Forbes reports: "Despite advances in audio technology, the ability to truly customize the experience of listening to a song on your phone has eluded...
TikTok parent ByteDance says it will ‘strictly follow’ China export controls
TechCrunch reports: "While Beijing has repeatedly spoken out against Washington’s pressure on Huawei, it has remained relatively quiet amid TikTok’s recent struggles in the...
Amazon Music now lets you watch artists when they’re live on...
The Verge reports: "Musicians can now link their Twitch profiles to Amazon Music to let fans watch their live streams without leaving the music...
BMG Revenues up Nearly 5% in First Half of 2020
Variety reports: "Despite the pandemic that has devastated global economies, revenues of BMG’s music division were up 4.8% year-over-year for the first half of...
Patreon Is Now A $1.2B Unicorn
Hypebot reports: "Musician and creator fan patronage platform Patreon is now officially a unicorn. A new Series E fundraise of nearly $100 million at...
