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Deadmau5 and Richie Hawtin Raise $4.5M to Build ‘The Leading Music...

Music Business Worldwide reports: "PIXELYNX has just raised $4.5 million in seed investment to build a music metaverse, and says that it aims “to...

Spotify Sells SoundBetter Artist Services Marketplace to Founders

Hypebot reports: "Spotify has sold Soundbetter back to its founders. SoundBetter focuses on sourcing production and mixing services as well as background singers and...

After Making Tens of Millions on Roblox, Warner Places Another Gaming...

MusicBusinessWorldwide reports: "Following Warner Music Group’s successful investment in Roblox, this week brings news of WMG backing yet another company that is building buzz...

Utopia Acquisition Spree Continues As It Buys Rostr and Fortunes to...

Music Business Worldwide reports: "Switzerland-headquartered fintech company Utopia Music has launched a new Creator Services Business Unit, by acquiring two companies that it says...

Bandzoogle Acquires Soundjam DJ Website Platform

Hypebot reports: "Bandzoogle has acquired SoundJam.co’s DJ website building platform, further cementing its position as the dominant website platform for musicians, DJs, and other...

Exceleration Music Acquires Chicago Based-Label Bloodshot Records

Music Business Worldwide reports: "Independent music company Exceleration Music has struck an agreement with Bloodshot Records founders Rob Miller and Nan Warshaw to acquire...

Spotify Launches Real Time Lyrics for All Free and Premium Users...

Music Business Worldwide reports: "Spotify is rolling out interactive lyrics for all of its Free and Premium users worldwide. The music streaming service has...

Pandora’s is Shutting Down Next Big Sound

Billboard reports: "The music analytics service will be fully absorbed into Pandora's Artist Marketing Platform (AMP), ending its life as a standalone brand." Read More

Spotify Increases Penalties for Paid Artificial Streams

Hypebot reports: "Spotify is ramping up its campaign to keep fake streams off the platform and punish artists, managers, and labels that pay companies...

Confirmed: Kobalt Sells Catalog to New KKR Venture, Chord, for $1.1...

Music Business Worldwide reports: "KKR is teaming with co-investment partner Dundee Partners – the investment office of the Hendel family – to acquire the...