Music Business News: South America
News Platform offers 130,000 Chilean songs from 300 national labels and more than 7,000 independent artists, News Globoplay’s users can subscribe to Deezer Premium for free for 12 months News MBW forecast a nine-figure buyout for Som Livre last month on these very pages News Funding for music startups fell from over $1bn in 2019 to $328.9m last year Analysis MBW runs the numbers from the IFPI's must-read new Global Music Report covering 2020 News Paid subscription streaming revenues increased by 18.5% last year News Among them are EDM veteran Toy Selectah’s Worldwide Records and Los Angeles indie label Cosmica Records News MBW understands that Som Livre is attracting interest at a $250m-plus valuation