News Warner to ‘mint shared memories as NFTs’ in partnership with $10m-backed Web3 startup POAP Atlantic Records rapper Kevin Gates will incorporate POAPs into his Khaza Tour
News Universal files flurry of trademark applications for Bored Ape NFT that hint at crypto and merch plans Universal's Web3 label 10:22PM bought a Bored Ape NFT for over $350,000 in March
Interviews ‘For music rightsholders, Web3 is an opportunity for extraordinary growth.’ Tuned Global MD, Con Raso, tells MBW about the company's expansion into Web3, and its future plans
News Snoop Dogg, Google Ventures and Samsung join $450m seed funding round for Yuga Labs, the web3 firm behind Bored Ape Yacht Club Funding round values Yuga Labs at $4 billion
News Metaverse platform Oorbit raises $5m. Names Mark Cuban and deadmau5 as investors Participants in the round include Investor and reality TV 'Shark' Mark Cuban, deadmau5 and HOF Capital
Analysis News Is this the real reason Epic Games acquired Bandcamp? (Clue: It’s got nothing to do with the metaverse.) Did shock acquisition have more to do with Big Tech commission rates than it did virtual worlds?
News Bandcamp acquired by Fortnite maker Epic Games Bandcamp will continue to operate as a standalone marketplace
News AmazeVR partners with Megan Thee Stallion on VR Concert tour that uses Unreal Engine-based visual effects The 'Enter Thee Hottieverse' event will take place at movie theaters in 10 cities across the US
News K-pop giant SM Entertainment strikes ‘Play2Create’ NFT partnership with crypto exchange Binance SM entertainment will let fans convert content into NFTs within its so-called Play2Create ecosystem
Analysis The major music companies are in a race to hire the best Web3 talent – before media’s biggest companies beat them to it Interesting developments at Universal, Sony, and Warner in recent weeks hint at the impact Web3 will have on music in the months ahead
News Snoop Dogg sells over $44m worth of ‘Stash Box’ NFTs in just five days News follows the hip hop legend's acquisition of the Death Row Records brand from MNRK Music Group
News Warner Music boss Steve Cooper: ‘The emergence of Web3 is going to further amplify the importance of music labels and publishers.’ Warner Music Group CEO Steve Cooper commented on Web3 on the firm's recent earnings call
News Music licensing company PPL reached a record $128m in international collections last year Since 2006 PPL has collected nearly £700m ($951m) of international revenue.
News Nas and Lil Baby-backed metaverse firm Everyrealm closes $60m funding round led by Andreesen Horowitz The firm is led by CEO Janine Yorio
News Brad Pophal joins YMU as Head of Web3 and NFT for US Music YMU reports to have generated over $30 million in sales in 2021