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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...
Apple Acquires Classical Music Streaming Service Primephonic
Music Business Worldwide reports: "Apple has acquired Primephonic, the classical music streaming service headquartered in the Netherlands."
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Bill Ackman’s Pershing Square Acquires Another 2.9% of Universal Music Group...
Variety reports: "As next month’s Universal Music Group public listing moves closer, parent company Vivendi announced early Tuesday that billionaire Bill Ackman’s Pershing Square...
Hip hop fandom is driving the future of the music business...
Hypebot reports: "The music industry is at a pivot point as new ways of interacting and monetizing music arise with unprecedented speed."
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YouTube Music passes 50M subscribers making it the ‘fastest-growing music subscription...
Hypebot reports: "YouTube Music has passed 50 million subscribers, adding 20 million in less than a year. That 50 million total includes both direct...
Facebook Announces New Deals to Enable Gaming Streamers to Include Popular...
SocialMediaToday reports: "Today, The social network has announced that its established new arrangements with various music publishers which will enable Facebook Gaming streamers to...
Video Games Are an Important Music Discovery Tool for Gen Z,...
Billboard reports: "Twenty-eight percent of Gen Z music listeners use video games to discover new music, making it just as popular as television among...
Apple Music Officially Launches DJ Mix Technology to ID (and Pay)...
Billboard reports: "Apple Music has quietly built up a substantial collection of DJ mixes from electronic, dance, and hip-hop heavyweights thanks to a new...
Live Nation Moves Ahead With $444M Acquisition of OCESA Entertainment
Billboard reports: "After suspending negotiations last year following the onset of the COVID-19 pandemic, Live Nation Entertainment has announced it will proceed with its...
Apple Music Is Now Using Shazam Technology To Identify Tracks In...
Music Business Worldwide reports: "Apple Music has rolled out a new process that uses Shazam technology to identify tracks in DJ mixes in order...
