News Reservoir acquires Bertie Higgins catalog The deal includes publishing and master recording rights to works that include the 1981 hit "Key Largo".
News UMG, Sony and Warner strike licensing deals with new AI music platform KLAY Company is developing an AI music platform that 'reimagines listening with immersive, interactive tools'
News Suno just raised $250m at a $2.45bn valuation – and it’s generating $200m in annual revenue Series C Round Led by Menlo Ventures with Participation from NVentures, Hallwood Media, Lightspeed, and Matrix
News Baby Shark creator Pinkfong’s shares soar, fall back to earth in stock market debut The company that made a fortune in preschooler content now aims for an audience of older kids and teens
Interviews As SoundCloud overhauls its creator subscription model, CEO Eliah Seton says the platform is building music’s ‘next major revenue format’ Exec talks SoundCloud's strategy, the future of fan monetization
News Fresh from Clipse Grammy shortlist triumph, Roc Nation Distribution unveils ‘cutting-edge’ new artist platform The new dashboard 'democratizes access to tools and information historically reserved for the very few established label superstars'
News Warner Music Group strikes deal with Feed.fm to supply licensed music clips for apps The partnership promises to “make it easier for developers to integrate high-quality, fully-licensed song clips through a secure, scalable system.”
Interviews ‘I see an explosion of hybrid sounds coming from Africa. The next big global hits will come from these cultural crossovers.’ MBW’s World Leaders series meets Nuno Rocha, Head of Business Development for MENA, Lusophone, and Francophone markets at ONErpm
News TikTok launches ‘bulletin board’ broadcast channel feature for artists and creators The new feature will make it 'quick and easy for creators to post news and updates, share exclusive content, and build thriving communities'
News Sony Music strikes partnership with the Netherlands’ Avalon Music, spanning A&R, Marketing and strategic investment The partnership aims to expand Avalon’s reach across North Africa and develop local artists.
News Too Lost signs direct partnership with South Korean streaming service Melon The indie music distributor and publisher says the move is “another strategic step” in its global expansion
News Songscription raises $5M in funding as ‘Shazam for sheet music’ platform reaches 150K users The platform currently supports piano, violin, flute, guitar, bass guitar, and trumpet, with plans to add more instruments.
News Radio streamer TuneIn acquired by Canadian media firm Stingray for $175m The transaction value is based on TuneIn’s projected sales of $110 million and adjusted EBITDA of $30 million for the 12 months ending December 31.
News un:hurd, valued at $11.8M, opens crowdfunding campaign after seven-figure funding round The platform's community of 185,000 artists and labels will be able to buy into the company for as little as £15 ($19.68).
News Tencent Music’s Super-VIP push drives music subscription revenues up 17.2% in Q3 Music revenue was driven up by increased ARPPU and continued growth in its Super-VIP subscription tier