Music Business News: North America
News Sony Music Masterworks is continuing its campaign of acquisitions in the live music space
News Series A funding round led by a16z crypto.
News Shutterstock and OpenAI inked their original deal in 2021
Analysis News On-demand song streams (including audio and video streams) grew 15% YoY to 713.5bn in the US last year, while on-demand audio streams grew 13.5% to reach 616.5bn
Analysis News Figure is roughly equal to the entire catalog of tracks available on Spotify
News CEMM's acquisition of White Stork follows its eight-figure deal with pop songwriter and producer Jamie Hartman in May
News News arrives more than a year after Stem raised $20 million in a new round of funding
News Karta has delivered projects on platforms like Roblox, Fortnite, and Decentraland