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The NFT Music Boom

Hypebot reports: "Art and music are in the midst of yet another period of disruption, as NFTs (Non-Fungible Tokens) make their debut, and the...

Soundcloud Is About to Revolutionize Streaming Payouts, Launching User-Centric Royalties for...

Music Business Worldwide reports: "One of the most hotly-debated concepts in the modern music rights business is user-centric licensing. This model sees streaming royalties...

Splice Closes $55m Series D Funding Round Led by Goldman Sachs

Music Business Worldwide reports: "Music creation marketplace Splice, which claims to be used by over 4 million people, has closed a $55 million round...

Spotify to Launch HiFi Option Later This Year, Paid Out $5...

Variety reports: "As part of a long presentation called “Stream On,” Spotify announced that it will be introducing a hi-fi option later this year,...

Round Hill Launches Sound Hill Neighboring Rights Division

Music Business Worldwide reports: "New York-based Round Hill Music has launched a new neighboring rights division called Sound Hill. Round Hill has been collecting...

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...

Hipgnosis Is Buying Music Libraries — and Plans to Spend $1...

The Hollywood Reporter reports: "A former music manager’s company has acquired more than 100 publishing catalogs, including a 50 percent stake in Neil Young’s,...

Big Hit and Universal ‘Rewrite Global Music History’ With Joint K-Pop...

Music Business Worldwide reports: "Universal Music Group and Korea’s Big Hit Entertainment have announced details of a “history making project” that will see the...

$424 Million Up for Grabs as Music Streaming Services Fill MLC’s...

Variety reports: "The Mechanical Licensing Collective announced Tuesday that it has received a total of $424,384,787 in accrued historical unmatched royalties from Spotify, Apple...

IHeartMedia Buys Ad Tech Firm Triton Digital From E.W. Scripps For...

Deadline reports: "IHeartMedia said Wednesday it’s buying Triton Digital, a leading ad tech provider in the podcast and audio space, from E.W. Scripps Company...