R.I.P. indie streaming app Humbolt

Last August a new music-streaming app called Humbolt - based in New York - was launched. The startup was pitched as an ethical, indie-focused…

Drake and Scooter Braun invest in esports company 100 Thieves

Canadian rapper Drake, together with music manager Scooter Braun, have co-led a funding round in an esports startup called 100 Thieves, taking on…

YouTube CEO criticizes Article 13 of new European copyright directive

YouTube CEO Susan Wojcicki has criticised the European Parliament’s recent approval of the Article 13 section of the proposed new European copyright…

Paul Allen, Microsoft co-founder and music lover dead at 65

Paul Allen, co-founder of Microsoft (in 1975), died on Monday, October 15. He was an investor, entrepreneur and philanthropist who influenced many…

Apple acquires music analytics startup Asaii

Apple just acquired music-analytics startup Asaii - which is, consequently, shutting down this month. The news was broken by "Music Ally" and has…

Is Tencent Music IPO on hold?

The planned IPO of Chinese mega-company Tencent Music Entertainment Group (TMEG) caused quite a noise in the international music industry... but it…

President Donald Trump signs Music Modernization Act into law

USA President Donald Trump just signed the Music Modernization Act into US law - the bill was unanimously voted through both the US House of…

SoundCloud expands its direct monetization program

Spotify shot first and now SoundCloud answers with a surprise move: indeed, the platform announced it's expanding its direct monetization program…

Portal and Portal+ are here: Facebook's first two smart speakers

Social media giant Facebook just unveiled its first two smart speakers called the Portal and Portal+ and - like Amazon's Echo Show - these devices…

Warner Music Group starts a seed fund for startup investment

Universal Music Group is launching a new seed-stage startup investment fund called WMG Boost with an agenda featuring AI, blockchain, virtual…

Tencent Music files for IPO in the USA: Warner and Sony buy $200m of shares

Tencent Music Entertainment Group (TME) – the largest music streaming company in China, but also the owner of QQ Music, Kugou, Kuwo and WeSing…

The Google Maps app has now music features

It might sound weird, but the Big G did it: indeed Google added music features to its Google Maps app, trying to meet the needs of commuters. The…

Believe is changing its role in the music industry - report

French company Believe is commonly known as a digital music distributor... but it seems we'll have to adjust our perception in the near future. Last…

Apple announces acquisition of Shazam

After months of deliberation, Apple announced that its purchase of Shazam has finally been completed, bringing the music-finding app under Apple’s…

Pandora acquired by Sirius XM Holdings

Free Internet radio app Pandora has been acquired by Sirius XM Holdings via an all-stock transaction for approximately $3.5 billion. The…

US recorded-music market grew 10% according to RIAA mid-year stats

US industry body the RIAA just shared its mid-year figures for 2018, outlining the growth in recorded-music revenues in the first half of this year…

Spotify drops the bomb: artists can now upload tracks to the streaming platform for free

Yes, you got it right. The breaking news is that Spotify has today launched a new feature which will enable independent artists to upload tracks to…

US Senate passes Music Modernization Act

The United States Senate just passed the Music Modernization Act by unanimous consent, setting into motion an overhaul of music licensing…

Tencent Music halves amount sought in IPO to $2bn

"Music Ally" posted a brief update on Tencent Music’s IPO in the US. The filing hasn’t been published yet, but it seems there are some new…

Warner Music Group acquires merch company EMP for $180m

Warner Music Group is about to acquire one of Europe’s biggest music merch companies - EMP Merchandising Handelsgesellschaft mbH (EMP) - for $180m…