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Alchemy raises $80M at a $505M valuation to be the ‘AWS...
TechCrunch reports: "Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and...
Facebook will spend $5 million paying reporters to join its local...
The Verge reports: "Facebook says it will spend $5 million paying local journalists on a new publishing platform. Reuters reported the news on Thursday,...
Coinbase now lets you buy cryptocurrency with your PayPal account
The Verge reports: "Coinbase has added the option for users to buy cryptocurrency using their PayPal accounts in the US, the company has announced."
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AFM, SAG-AFTRA distributes $70M to rightsholders
Hypebot reports: "The AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund – an income source that most musicians barely know exists – has announced...
Bitski raises $19 million from a16z to become the ‘Shopify for...
TechCrunch reports: "For every crypto-skeptic that see NFTs as yet another hype bubble, there’s an acolyte who sees NFTs as the key to unlocking...
Sony Music Completes $430m Buyout of AWAL – but UK Competition...
Music Business Worldwide reports: "Sony Music has today (May 19) confirmed that it has completed the acquisition of two companies from Kobalt Music Group:...
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...
YouTube Says It Paid the Music Industry Over $4bn in the...
Music Business Worldwide reports: "Could YouTube catch Spotify in future to become the music rights industry’s No.1 royalty payer?"
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Netflix and BMG Strike Long-Term Music Publishing Deal Outside U.S.
Variety reports: "Netflix has struck a new long-term exclusive agreement with BMG for the management and administration of its music publishing rights worldwide outside...
Michael Huppe of SoundExchange: ‘All players in the industry, creators or...
Hypebot reports: "SoundExchange CEO Michael Huppe weighs in on what a post-pandemic music industry is shaping up to look like, and why creators and...
