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Founders Fund backs Royal, a music marketplace planning to sell song...
TechCrunch reports: "Founders Fund and Paradigm are leading an investment in a platform that’s aiming to wed music rights with NFTs, allowing user to...
Major Labels Now Earn $1 Million Every Hour From Streaming
Hypebot reports: "While there’s still some debate over whether streaming is profitable for artists, it seems pretty clear that the major labels are at...
TikTok announces a deal with UnitedMasters, its first music distribution partnership
TechCrunch reports: "Though TikTok’s future in the U.S. remains uncertain, the company announced this morning its first music distribution partnership, with indie music distributor...
Spotify appears to be building a karaoke feature – just as...
Music Business Worldwide reports: "Twitch states that, starting December 1, it will begin removing videos, clips, and highlights “per our contractual obligations” from the...
YouTube Just Generated $5bn From Ads in a Single Quarter –...
Music Business Worldwide reports: "There was a minute there when YouTube Music risked looking like a bit of an also-ran in the global streaming...
Round Hill Launches Sound Hill Neighboring Rights Division
Music Business Worldwide reports: "New York-based Round Hill Music has launched a new neighboring rights division called Sound Hill. Round Hill has been collecting...
PRS for Music Inks Pan-European Licensing Deal with iTunes
London - U.K. collecting
society PRS for Music, which represents 65,000 songwriters and music
publishers, has signed a pan-European licensing agreement with Apple's (NASD: AAPL) iTunes
Store. The...
Five Vectors Raises $1m in Seed Funding to Make Music for...
gamesindustry.biz reports: "Five Vectors Inc has announced a $1 million seed funding round to support the creation of music for esports teams and events."
Read...
Tencent wants to take full control of long-time search ally Sogou
TechCrunch reports: "It’s been seven years since Tencent picked up a 36.5% stake in Sogou to fend off rival Baidu in the online search...
Music Service Playlist.com Files for Ch. 11 Bankruptcy
Palo Alto, Calif. - Playlist.com, a service that lets users
create and share music playlists online, filed for Chapter 11 bankruptcy
protection on Friday, CNET News.com...
