QUICK HITS: BMG, UMG form alliance • Moises adds AI Voice Studio • Dice enters Canada • Patreon acquires Moment • Tixr CEO honored
BMG and Universal Music Group (UMG) have announced an alliance to explore a range of collaborative initiatives to expand opportunities for BMG-signed artists globally. The first project under this alliance will be. Continue reading
QUICK HITS: BandLab • SoundExchange • Warner Music + HuManagement • Trevanna Tracks + Synchtank • Cyanite for Innovators
BandLab is officially expanding its team. Kevin Breuner has joined as Head of Artist Development and Education, and Jessica Strassman as the Head of Industry Relations and Artist Services (Americas).. Continue reading
Epic Games sells Bandcamp to Songtradr amid major layoffs
Independent music marketplace Bandcamp has been sold to music licensing platform Songtradr just 18 months after Epic Games acquired it. Epic says it will continue to collaborate with Bandcamp on. Continue reading
Music Tectonics names 5 music tech startup finalists
Music Tectonics has named the five music tech startup finalists in its 2023 Swimming With Narwhals Pitch Competition. All five finalists will pitch live during the October 24 -26 Music Tectonics. Continue reading
Want an advance? Seven red flags musicians need to watch out for
More and more artists are turning to royalty and asset-backed advances to fund their next project, and a growing number of startups are ready to write a check. But all. Continue reading
WMG leads UMG and Sony in music tech startup investments
All three major labels and some independents have made significant investments in music tech, but Warmer Music Group is clearly the most aggressive, at least in terms of the number. Continue reading
120K tracks uploaded daily to Spotify & streamers, up 28.4% this year
120,000 new tracks are uploaded to music streaming services every day, according to Luminate data shared at last week’s Music Biz Conference. That’s up 28.4% from an average of 93,400. Continue reading
QUICK HITS: 25% off Soundfly • Easol Resale • DAAVI buys 2 AI music startups • boomboxio raises $7M
Soundfly, whose content is a favorite of the Hypebot community, is having a 25% off sale on the monthly and annual subscriptions to its extensive course offerings for musicians, through. Continue reading
SoundCloud lays off 8% of staff in an effort to ‘get to profitably’
SoundCloud announced today that it would lay off 8% of its staff. The cuts will affect about 40 and follow more extensive layoffs of 20% of staff in August of. Continue reading
QUICK HITS: Duetti • Gibson • PIXELYNX • Blackbird Studio
Duetti, the new music financing platform founded by ex-TIDAL and Apple Music execs Lior Tibon and Chris Nolte has launched with $32M in funding. The Fin-tech platform gives artists at. Continue reading
