Investors still see opportunities in the music industry and music tech
“Investors are still seeing opportunities in the music sector. However, there is no real prevailing theory or acceptance of where the real opportunity lies.” This article explores the trends. from. Continue reading
Techstars Music – once the gold standard for accelerators – is closing
At the height of the music tech boom, acceptance into the Bob Moczydlowsky led accelerator TechStars Music was the most sought-after stamp of approval in music tech. But symptomatic of. Continue reading
Indie music fan funding platform Ampled to shut down
Music fan funding platform Ampled will shut down at the end of the year, the company’s Board announced in an open letter last week. More than 852 artists are currently. Continue reading
QUICK HITS: BMG, UMG form alliance • Moises adds AI Voice Studio • Dice enters Canada • Patreon acquires Moment • Tixr CEO honored
BMG and Universal Music Group (UMG) have announced an alliance to explore a range of collaborative initiatives to expand opportunities for BMG-signed artists globally. The first project under this alliance will be. Continue reading
QUICK HITS: BandLab • SoundExchange • Warner Music + HuManagement • Trevanna Tracks + Synchtank • Cyanite for Innovators
BandLab is officially expanding its team. Kevin Breuner has joined as Head of Artist Development and Education, and Jessica Strassman as the Head of Industry Relations and Artist Services (Americas).. Continue reading
Epic Games sells Bandcamp to Songtradr amid major layoffs
Independent music marketplace Bandcamp has been sold to music licensing platform Songtradr just 18 months after Epic Games acquired it. Epic says it will continue to collaborate with Bandcamp on. Continue reading
Music Tectonics names 5 music tech startup finalists
Music Tectonics has named the five music tech startup finalists in its 2023 Swimming With Narwhals Pitch Competition. All five finalists will pitch live during the October 24 -26 Music Tectonics. Continue reading
Want an advance? Seven red flags musicians need to watch out for
More and more artists are turning to royalty and asset-backed advances to fund their next project, and a growing number of startups are ready to write a check. But all. Continue reading
WMG leads UMG and Sony in music tech startup investments
All three major labels and some independents have made significant investments in music tech, but Warmer Music Group is clearly the most aggressive, at least in terms of the number. Continue reading
120K tracks uploaded daily to Spotify & streamers, up 28.4% this year
120,000 new tracks are uploaded to music streaming services every day, according to Luminate data shared at last week’s Music Biz Conference. That’s up 28.4% from an average of 93,400. Continue reading
