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UK Tech Firm DAACI Launches $4.9M Funding Round For Music Composition...

MusicBusinessWorldwide reports: "DAACI, an AI-based platform that composes, arranges, orchestrates and produces original music, has launched a £4 million ($4.9m) seed funding round. The...

Napster preps launch of new platform combining Napster, MelodyVR

Hypebot reports: "London-based Napster Group is preparing to debut a new Napster-branded platform which will be a merger of the two currently still standalone...

Snoop Dogg Racks Up $200,000 in Branded Virtual Item Sales

Los Angeles - Snoop Dogg has generated $200,000 in sales of branded virtual goods on social networks, Mashable reported, citing a report from Viximo and Virtual...

Hackers Hit Sony Again; Data on 50,000 Consumers Stolen

Los Angeles - A hacker group that targeted the PBS website over the weekend and said it would next attack Sony has apparently made...

Apple Mulls Podcast Subscription Push Amid Spotify’s Land Grab

Billboard reports: "The iPhone giant has explored adding a paid audio product, a risky move given the proliferation of free, ad-supported programming." Read more

SoundCloud Strikes Joint Venture With Quality Control’s Solid Foundation Management

Variety reports: "As part of the joint venture, QC Media has made an investment in SoundCloud and as a result, Lee, Thomas and their...

Universal and Sony Spent $550M Buying Bob Dylan’s Music Rights, Now...

Music Business Worldwide reports: "Over the past couple of years, Universal Music Group and Sony Music Group have jointly splashed over half a billion...

French Buy 10,000 Music Download Subsidy Cards

Paris - French consumers have so far purchased 10,000 state-subsidized music download cards, launched by the government as a means of combating piracy, Billboard reports. Aimed...

Regard Music Joins Independent Licensing Agency IMPEL

Music Business Worldwide reports: "US-based music publishing administrator Regard Music has joined IMPEL for pan-European licensing of its represented works. Regard Music is a...

Twitch’s Soundtrack feature debuts today, and it will let streamers play...

The Verge reports: "Today, Twitch releases Soundtrack, a new product that allows streamers to play music while they’re live — or, at least, that’s...