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Primary Wave Raises $375m Investment From Oaktree Capital, Sells Minority Stake
Music Business Worldwide reports: "Primary Wave Music just got a major cash injection. The company has finalized what it calls a “strategic relationship” with...
Spotify, Warner Music Group Strike Podcast Deal Tapping WMG’s Artist and...
Variety reports: "Warner Music Group and Spotify have entered into a new partnership that will see the two companies develop a series of original...
Apple Unveils iCloud, 'iTunes Match' Music Feature
San Francisco - Apple (NASD: AAPL) CEO Steve Jobs took the stage in San Francisco today at the company's annual developers conference to unveil iCloud,...
Country Music Association Teams With Solo Music For NFT Collection
Billboard reports: “The NFT collection will debut Nov. 12, featuring artwork surrounding the CMA Awards trophy. Owners of “The 55th Annual CMA Awards” NFT...
The major record labels now pull down $2.5 million an hour
Hypebot reports: "While many artists continue to struggle financially in the new streaming economy, many major labels appear to be doing just fine, bringing...
AI Powered Music Platform Aimi Raises $20M in Series B Funding...
Music Business Worldwide reports: "The fund raise was led by entertainment and media-focused investment firm Great Mountain Partners, which also holds what it says...
Pandora Now Activating 10,000 Mobile Devices Daily
San Francisco - Streaming music service Pandora is now
activating 100,000 new mobile users of its service daily, founder Tim
Westergren said at a Samsung event...
Acast acquires RadioPublic to become the biggest podcasting company in the...
The Verge reports: "Acast, a podcast host and ad network, is looking to improve its tech and broaden its reach. The company announced today...
Believe Launches €300m Paris IPO Following ‘Most Prolific Quarter’ in Its...
Music Business Worldwide reports: "French indie distribution and services company, Believe, has launched its IPO on the Paris Euronext. The company – the owner...
Shazam ID's One-Billionth Song; Now Counts 75 Million Users
London
- Shazam, a provider of mobile music discovery services, announced on Tuesday
that it has grown from 50 million to 75 million users in the...
