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Apple Acquires Classical Music Streaming Service Primephonic

Music Business Worldwide reports: "Apple has acquired Primephonic, the classical music streaming service headquartered in the Netherlands." Read more

With $7.5M in Funding to Date, ‘Social Metaverse’ Platform Stageverse Launches...

Music Business Worldwide reports: "Stageverse, a ‘social metaverse’ platform featuring 3D virtual venues, digital content and interactive experiences, has opened public beta access today...

Tuned Global Inks Deal With Silicon Valley and Hong Kong-Based Social...

Music Business Worldwide reports: "B2B music streaming technology company Tuned Global has signed a deal with social media app LYKA to provide the technology...

YouTube Premium’s Family Plan Just Got More Expensive

The Verge reports: "A YouTube Premium family plan now costs $22.99 per month following a price hike, as reported by 9to5Google. The family tier...

Hitco-Backed Fan Funding Firm Corite to Launch Blockchain Platform, Closes Us...

Music Business Worldwide reports: "Sweden-born fan funding platform, Corite – co-founded by Universal Music Sweden alumni Mattias Tengblad (CEO) and Emil Angervall (COO) –...

Warner Music Launches New Label, Eh Brasil

Music Business Worldwide reports: "The label is focused on the country’s Northeast region, which has a population of almost 60 million and is home...

Warner Music Group Partners With Lightbox To Co-produce And Finance Film...

Music Business Worldwide reports: "The deal will give Lightbox, founded by multi-award-winning producers Simon Chinn (Searching For Sugar Man, Man on Wire, TINA) and...

Warner Music Group is Worth $10bn More Than It Was A...

Music Business Worldwide reports: "Indeed, Universal’s first month on the Amsterdam Euronext has seen the world’s biggest music rightsholder consistently maintain a market cap...

Tidal Launches Direct-to-Artist Payments and User-Centric Royalties

Variety reports: "By the “user-centric” model, creators and rights-holders would be paid based on how much each user streams their music — so if...

TikTok Radio Is Coming to SiriusXM as Companies Join Forces To...

MusicBusinessWorldwide reports: "TikTok, SiriusXM and Pandora have joined forces to launch TikTok Radio, a full-time SiriusXM music channel hitting the (online) airwaves this summer." Read...