
beatBread raises $34M to fund artist, label advances
Music funding platform beatBread has completed a seed round led by Deciens Capital, extending beatBread’s fundraising to date to over $34 million. Since launching in November 2020, beatBread has made more. Continue reading

#MusicNFT News: John Legend cofounds OurSong • Cameo adds NFTs • $5B Yuga Labs valuation • HitPiece goes down
John Legend helping to launching music NFT platform OurSong as its co-founder and Chief Impact Officer. Legend’s three co-founders are not unknowns either: Kevin Lin, co-founder of Twitch; Matt Cheng, founder. Continue reading

AmazeVR adds $15M for VR concerts with Megan Thee Stallion, more
AmazeVR has closed a $15M funding round to expand its VR concerts platform, Megan Thee Stallion is working with the startup to produce a VR concert in select AMC Theatres in. Continue reading

Hypebot increases coverage of Music NFTs, DAOs and Web3 [and needs your help!]
2021 was the year that music on the blockchain and crypto shifted from promising theory to a concrete revenue generating and audience building reality. The most obvious manifestation was the. Continue reading

Symphonic Distribution adds $37M funding, eyes acquisitions
Independent music distributor Symphonic has closed a $37 million Series B funding round. Philadelphia-based NewSpring Growth led the round with participation from Ballast Point Ventures. This funding round comes after. Continue reading

PAST vs FUTURE: ‘Big, safer bets are being made on rights, and riskier, bolder bets are being made on creators’ [Mark Mulligan]
When top music industry analyst Mark Mulligan of MIDiA look at the end of 2021, he sees two distinct business trends. One is focused on monetizing the past and the. Continue reading

Mixhalo adds $24M to push the limits of live concert audio
High quality live audio tech provider Mixhalo has raised a $24 million Series B round led by Fortress Investment Group. Mixhalo offers wireless networking technology that delivers pristine, high-quality audio. Continue reading

Music NFT platform MusicFx launches with country star Parker McCollom
Blockchain platform provider CurrencyWorks has launched MusicFX.io, a new music NFT platform in partnership with music entrepreneur collective Crown & Ace. CurrencyWorks has already established platforms to serve the growing. Continue reading

Synchtank raises $5.8M to expand music rights management platform
B2B music tech provider Synchtank has completed a $5.8 million Series A round led by Octopus Ventures. Synchtank offers asset and rights management and royalty accounting solutions for the music. Continue reading