NME enters the distribution game, with NME Emerging platform

British music-media brand NME is ready to launch a new service for emerging artists. It's called NME Emerging. Created via a partnership with…

FUGA raises €6m to boost further international expansion

Music/tech firm Fuga is raising €6m from its current shareholders: this will fuel its expansion plans over the next two years. The company explained…

PledgeMusic sells Set.fm to VNUE, but it had bought it last year

PledgeMusic has already sold its live recordings platform Set.fm to VNUE Inc; the weird thing is that this happened little over a year after closing…

Songkick to shut down its ticketing business very soon

Songkick sold its concert-recommendations app to Warner Music Group and is now preparing to shut down the rest of its business. The company will end…

Spotify ’s revenue rocketing to $4bn year, but losses also growing according to a leak report

The website "The Information", disclosed some figures about Spotify, claiming they came from “two people briefed on the numbers” which were also…

Kobalt raises $14m in funding round

Kobalt expects to turn over approximately half a billion dollars in its current financial year – after raising another $14m in a fresh funding round…

Lovie Agency of the Year is N=5

The International Academy of Digital Arts & Sciences (IADAS) announced the winners of the 7th Annual Lovie Awards, with N=5 taking the top…

The 7th Annual Lovie Awards Winners

The Lovie Awards, the most prestigious pan-European honour for online excellence, announced today that Condé Nast Spain, BETC France, Quartz News…

Social ticketing firm Verve raises $18.5m of funding

Verve is the company formerly known as StreetTeam, which gets people to sell concert and event tickets to their friends to earn rewards. The company…

Mixcloud signs licensing deal with Warner Music

Mixcloud, the London-born streaming startup, has now a milestone deal: a direct licensing agreement with Warner Music, enabling it to start building…

Google takes on Shazam with "Now Playing" smartphone feature

Last night’s Google press event also saw the unveiling of the company’s new own-brand Pixel 2 Android smartphones, complete with a feature that…

Rock ‘n’ Roll Hall of Fame, the 2018 nominees: Radiohead, Rage Against the Machine, Kate Bush...

The Rock and Roll Hall of Fame has unvealed the nominees for its class of 2018. They include Radiohead, Rage Against The Machine, Kate Bush,&nbsp…

WMG appoints new leadership team for Warner Bros Records

Warner Music Group’s new CEO of recorded music Max Lousada isn’t wasting any time making changes within the group. Cameron Strang is stepping down…

On-demand streams up 40.5% in the US so far in 2017

There is more fodder for the debate about how the growth of music-streaming consumption compares to its growth in revenues this morning, courtesy of…

Microsoft chooses Spotify to replace Groove Music service

Microsoft’s Groove Music Pass subscription streaming service is shutting down, although its Groove Music app lives on as a way for people to play…

Miles Davis’ “Tutu” and Deep Purple's "Smoke On The ater" will be encoded in DNA

This is pretty far out... Twist Bioscience (a company that specializes in DNA synthesis) announced that it worked in conjunction with Microsoft and…

Live Nation launches Facebook Messenger bot for live concerts

The latest music company getting into the messaging-bots game is Live Nation, which launched a new Facebook Messenger bot yesterday. The bot will…

Amazon brings Alexa voice assistant into its Amazon Music app

Amazon's Alexa voice assistant has been making its way into a growing number of devices, but now it's also spreading its wings internally. From now…

IMPALA elected a new Board

At its Annual General Meeting in Hamburg at the Reeperbahn Festival on September 22nd, IMPALA elected a new Board. The 27 members will serve for a…

Eminem's music royalties to be available via stock exchange

Jeff and Mark Bass of FBT Productions, who served as Eminem’s production team between 1999 and 2013, are planning to auction off their shares of…