Startups & Funding

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Bandlab passes 100 million users

BandLab has passed 100 million registered users of its flagship social music creation platform, up 40 million in a little over a year. Thirty percent of the platform’s creators are based in the US……

Bruce Houghton on 03/22/2024 in D.I.Y. | Permalink | Comments (0)
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Fast Company Names 10 Most Innovative Music Companies of 2024

Business journal Fast Company has released its annual list of Most Innovative Companies, including ten focusing on music, and it contains a few surprises…..

Bruce Houghton on 03/21/2024 in Music Tech | Permalink | Comments (0)
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QUICK HITS: Soundraw • BeatConnect • Splice • AmptUp • Tixr

SOUNDRAW, a royalty-free AI beat and track generator, has raised $3M in a round led by Carbide Ventures and individual investors such as Paul Rosenberg, CEO of Goliath Artists, Inc./President of Shady Records……

Bruce Houghton on 03/12/2024 in Music Business | Permalink | Comments (0)
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Warner Music makes $1.8B bid to buy Believe, TuneCore, Naïve, Nuclear Blast

Warner Music Group (WMG) has confirmed its intention to acquire Believe for $1.8 billion, a price greater than one made by a consortium led by Believe founder Denis Ladegaillerie…..

Bruce Houghton on 03/07/2024 in D.I.Y. | Permalink | Comments (0)
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QUICK HITS: Hook seed round tops $3.5M • Pex modified audio study • Horus adds publishing

Hook, the legal music remix platform for fan use on social media, has extended its Seed Round to include investments from Natalie Massenet, Nick Brown’s Imaginary Ventures, and others…..

Bruce Houghton on 03/06/2024 in Music Business | Permalink | Comments (0)
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un:hurd expands automated Music Marketing Toolkit, adds funding

Music marketing platform un:hurd has raised a new funding round to expand its suite of data and AI-led features to help artists build, nurture, and monetize their audiences…..

Bruce Houghton on 03/04/2024 in D.I.Y. | Permalink | Comments (0)
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Groover has legitimized ‘pay to play’ promo for independent musicians

Always be skeptical of any opportunity that’s remotely “pay to play.” Shouldn’t a playlist curator, radio programmer, or music journalist review, choose to play, or reject music without getting paid by the artist to do it…

Bruce Houghton on 02/20/2024 in D.I.Y. | Permalink | Comments (0)
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Luminate acquires Artist ID database Quansic

Music and entertainment data provider Luminate, whose clients include Billboard and its popular Charts, has acquired Quansic, a global music artist identification service.

Bruce Houghton on 02/06/2024 in Music Business | Permalink | Comments (0)
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LyricFind acquires Rotor, partners with CD Baby for easy video creation

LyricFind has acquired Rotor Videos and partnered with CD Baby to launch integrations of Rotor’s video tools and LyricFind’s Lyric Video Enterprise solution. Rotor Videos‘ AI-powered tools allow artists with. Continue reading

Bruce Houghton on 01/02/2024 in Music Business | Permalink | Comments (0)
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Prism adds $5M for venue, promoter, booking agency software

Prism, a US-based startup building software used by venues, promoters, and booking agencies, has completed a $5 million Series B fundraising round. The company’s Series A round was $8 million.. Continue reading

Bruce Houghton on 12/20/2023 in Live & Ticketing | Permalink | Comments (0)
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Hiring? A list of 600+ ‘smart, talented’ laid-off Spotify staffers

Spotify laid off 1500 of its estimated 9000 global workforce earlier this month. That followed a 600-person reduction in January, with 200 more let go in June. Now, a crowd-sourced. Continue reading

Bruce Houghton on 12/13/2023 in Music Business | Permalink | Comments (0)
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