Billboard reports: “SiriusXM announced Tuesday that it has invested $75 million in audio platform SoundCloud, which will use the infusion to enhance its existing services and accelerate product development.”
Deadline reports: “Paradigm has expanded its UK footprint by investing in sound branding agency Pitch & Sync. Founded by principals Alex Lavery and Simon Robinson, the London-based firm specializes in finding, creating and curating sound and music for consumer brands and other content creators.”
VentureBeat reports: “IronSource has long helped games and apps become more popular through its ad monetization tricks. But now it’s going into publishing and development with the opening of Supersonic Games.”
Billboard reports: “The U.K.-based parent company of Jay-Z’s Tidal streaming service, Project Panther Bidco, grew global revenues by 26.4% year-on-year to $147.6 million in 2018, according to new documents filed with the UK Companies House.”
Variety reports: “Splice, the popular platform for rights-cleared sounds and beats, has paid out more than $25 million to musicians in its artist-to-artist marketplace, the company has revealed.”
Hollywood Reporter reports: “The agreement between John Malone’s cable giant and the global streamer covers 11 million pay TV subscribers in Europe.”
VentureBeat reports: “Microsoft’s Windows Mixed Reality initiative may have brought multiple VR headsets and a substantial quantity of VR software to the PC platform, but the company still isn’t planning to leverage that momentum to bring VR to Xbox users.”
VentureBeat reports: “Glancing at the data from the first heat of the great streaming wars, it appears that each of the major platforms is winning in their own way. This would seem to defy logic and conventional wisdom, but it tracks well with what some analysts had been projecting.”
Gamesindustry.biz reports: “Barclays is now offering tax credit loans to games developers as a source of advance funding. The organisation claims to be the first high street bank to offer such a loan specifically to the games industry, and says it will grant studios access to finance ahead of future tax credits from HM Revenue and Customs.”
Hypebot reports: “While the age of illegal downloads may be largely behind us, other unlawful and deceptive practices have sprung up to take their place in the streaming era. Here, Symphonic Distribution CEO Jorge Brea breaks down some of the key ways rightsholders are being kept safe from pay-for-streams, fake artists and other dangers.”
