Superfan platform Mellomanic (formerly We Are Giant) has announced the closing of a $6 million funding round, bringing the total capital raised to $13.8 million dollars.
UPDATED: Ticketing company Lyte shut down suddenly late last week. Now Lyte is seeking a buyer as polarizing founder Ant Taylor, former employees, and affected promoters and fans offer a clearer picture of the closer despite $53 million in funding.
Learn the difference between labels and distribution and how those lines are blurring as each shifts focus and adds or subtracts services to better compete for talent.
What is Tune.fm? The Web3 music streaming and collectibles platform has secured $50 million in funding that could result in much higher payments to artists.
Will AI save the music industry or destroy it as we know it? In this guest post, Jacob Varghese, Founder and Director at Noctil, delves into the potential for AI to transform the music business while raising concerns about copyright infringement and fair compensation.
U.S. Rep. Fitzgerald has submitted a request for conditional MLC redesignation, aiming to address problems with its current structure. His proposal could reshape how the organization functions, impacting stakeholders across the music industry.
With the internet and digital technologies driving rapid change within the music industry, articles about new releases and who has been hired and fired are no longer enough. Our up to the minute industry news alongside insightful commentary helps our readers sift through the rumors and developments to find the information they need to keep their businesses moving forward.
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