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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...
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...
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,...
$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...
Licensing Platform Pex Secures $57m Investment From Tencent, Tencent Music Entertainment...
Music Business Worldwide reports: "The round was joined by existing investors with additional participation from Tencent, Tencent Music Entertainment, the CueBall Group, NexGen Ventures...
Answers to questions about Copyright in 2021
Hypebot reports: "Although they were easy to miss in the end of year kerfuffle, several new copyright bill and proposals were not only announced,...
Universal Music Pulls Song Catalog From Triller, Saying TikTok Copycat ‘Shamefully’...
Variety reports: "Universal Music Group has removed its entire music library from video app Triller, a would-be TikTok competitor, alleging Triller has withheld payments...
Sony Music Acquires Kobalt’s Label and Neighboring Rights for $430 Million
Variety reports: "Sony Music Entertainment announced it has entered into a definitive agreement with Kobalt Music Group to acquire Kobalt’s recorded-music operations, including AWAL,...
Why Video on Demand Data Won’t Be Public Any Time Soon
The Hollywood Reporter reports: "While Comscore, Nielsen and Screen Engine/ASI are now tracking SVOD performance (mostly for clients), studios don’t yet have an incentive...
Liberty Media Offshoot Raises $575m to Buy Huge Company – Will...
Music Business Worldwide reports: "Liberty Media Acquisition Corporation (LMAC), the newly formed “blank check” acquisition company launched by Liberty Media, raised $575 million in...
