Mass Appeal Lands $6 Million Investment From Universal Music, Usher, Nas, Others

Last year, Universal Music Group began investing in music focused films; and today they expanded their content interests with a big bet on NYC based graffiti/hip hop culture and lifestyle. Continue reading

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Dubsmash Adds $9.6 Million For Viral Music Video Lip-Sync App

[UPDATED] Dubsmash has added $9.6 million in funding to expand its popular music video lip-sync app.  Fan generated music videos have become a major marketing tool for labels and artists.  But. Continue reading

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Music Publishing News Roundup 10.19.16

Legendary British songwriter Rod Temperton has passed away at age 66. Often referred to as “The Invisible Man,” Temperton’s catalog includes many of Michael Jackson’s classic hit, such as “Thriller,” “Off. Continue reading

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TUE. BRIEF: Spotify, Believe VC Raises $2.5B • DJ Kahled’s Key To #1 • Whyd Exits Streaming • More

Tuesday 8.9.16 Music Business News From Around The Web STARTUPS REJOICE! One of music tech biggest investors, Technology Crossover Ventures, just raised $2.5B more. Updated continuously under our More News tab

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Bankrupt Music Tech Startup Crowdmix Sold To Controversial Billionaire Real Estate Investor Nick Candy

Bankrupt and yet to launch music tech startup Crowdmix had hit the deadpool. Now, a controversial billionaire real estate tycoon has come to the rescue.

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SoundCloud Is For Sale, But They’re Having Trouble Finding A Buyer

SoundCloud is finally starting to seriously monetize their content, but profitability is still just a distant hope.  That sent the startup in search of funds; and in June, SoundCloud raised $70. Continue reading

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Magnifi To Shut Down After Raising $9.35 Million

From launching as DeliRadio and then pivoting to MAGNIFI, this team always focused on promoting local music scenes and new artists. Now, like too many of their peers in music tech. Continue reading

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SeatGeek Launches Ticket Resale Marketplace

Ticket search engine SeatGeek is expanding into ticket sales with the launch of SeatGeek Marketplace, a new ticket resale service.  

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Universal Music Joins $1.3M VIDA Seed Round

San Francisco-based socially conscious e-commerce platform VIDA has closed a $1.3 million seed funding round led by Google Ventures, The Valley Fund and Universal Music Group.  VIDA discovers artists from. Continue reading

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Songza Scores $4.7M, Expands Native Advertising

Mood and activity based music streamer Songza has raised $4.7 million in equity financing. Investors include Amazon, which has participated in earlier funding rounds, along with talent agency William Morris Endeavor,. Continue reading

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