Chinese secondary-ticketing firm Moretickets raises $60m

One of China's secondary ticketing most popular sites has just raised a significant funding round: indeed, Moretickets’ Series C round was worth…

Blink Identity raises $1.5m in funding round

Austin-based startup Blink Identity just raised $1.5m during a funding round; investors include Live Nation, Techstars and Sinai Ventures. The…

The Rolling Stones and Universal Music Group (UMG) announced an expansive worldwide agreement

The Rolling Stones and Universal Music Group (UMG) just announced an expansive worldwide agreement covering the band’s iconic recorded music and…

Confirmed: Tencent Music Entertainment is about to reach stock exchange in the US

Chinese media giant Tencent confirmed that Tencent Music Entertainment (TME) will soon float on a “a recognized stock exchange in the United States…

Tencent Music Entertainment is going public

Tencent, the giant of digital music, is reahing the stock exchange in the United States. Tencent Music Entertainment (TME), which is majority-owned…

WMG signs partnership with IMS

Warner Music Group signed a new partnership with Sony Pictures subsidiary Internet Media Services (IMS): this in order to boost its advertising…

Music bodies acting ahead of crucial Article 13 vote

The European Parliament will very soon vote on the EU’s draft Copyright Directive, and music bodies are leading the charge of creative industries in…

Hipgnosis Songs Fund Ltd raises $260m+ to buy music copyrights

Hipgnosis Songs Fund Ltd, the company founded by veteran artist manager Merck Mercuriadis, has just raised over £200m ($262m). According to a report…

Drake's new album broke day-one streaming record on Apple Music

Drake did it again: he destroyed Apple Music's record with over 170m streams on day one with his new album "Scorpion". The previous biggest global…

Instagrammers can now add licensed music to their stories

Popular photo sharing social network Instagram just announced its latest milestone: more than 400 million people are using its "stories". But the…

Spotify generated $40m+ in ticket sales in 2017

A new analysis by "Music Business Worldwide" says that Spotify’s work with Fans First (the brand representing Spotify’s data-mining work for/with…

GigList and True Tickets teamed to create ticketing analytics tool

According to "Music Ally", big-data-focused GigList and blockchain-ticketing startup True Tickets, are teaming up to create “an analytics tool that…

The majors could block Spotify’s expansion into India

According to a report posted by Music Business Worldwide, Universal, Sony and Warner are very unhappy about Spotify starting to directly license…

George Ergatoudis is leaving Spotify to join Apple Music

Ch-ch-ch-ch-ch-changes at Spotify. Indeed, George Ergatoudis, one of the most influential tastemakers in the UK business, is leaving the streaming…

Spotify’s share price soars on the New York Stock Exchange

On Friday, June 8, Spotify’s share price closed on the New York Stock Exchange at an all-time high on Friday. This is, possibly, a direct…

Spotify offers 50% rev-share direct deals to artists

According to a report published by "Music Ally", via "Billboard", “Spotify has offered advances to a number of managers and indie acts in exchange…

Facebook users can now legally upload/share UGC videos featuring licensed music

Facebook just made its first move in music. The social media giant, indeed, announced that its users can now legally upload and share UGC videos…

SoundCloud CEO Kerry Trainor says the streaming platform is "in a much clearer place now"

Good news for Soundcloud. This time last year, the platform was in hot water and - after an annual loss of $82m in 2016 - spent the summer of 2017…

Apple has a new global music publishing division headed by Elena Segal

Cupertino giant Apple just launched a new internal division dedicated to music publishing and music publishers. According to a report by Music…

Pandora acquires ad-tech firm AdsWizz

Pandora just paid $66.3m in cash plus 9.9m shares of its common stock for digital-audio ad-tech company AdsWizz. And if certain milestones are hit…