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
QUICK HITS: 25% off Soundfly • Easol Resale • DAAVI buys 2 AI music startups • boomboxio raises $7M
Soundfly, whose content is a favorite of the Hypebot community, is having a 25% off sale on the monthly and annual subscriptions to its extensive course offerings for musicians, through. Continue reading
SoundCloud lays off 8% of staff in an effort to ‘get to profitably’
SoundCloud announced today that it would lay off 8% of its staff. The cuts will affect about 40 and follow more extensive layoffs of 20% of staff in August of. Continue reading
QUICK HITS: Duetti • Gibson • PIXELYNX • Blackbird Studio
Duetti, the new music financing platform founded by ex-TIDAL and Apple Music execs Lior Tibon and Chris Nolte has launched with $32M in funding. The Fin-tech platform gives artists at. Continue reading
Fast Company names 10 Most Innovative Music Companies 2023
Fast Company has named its ten most innovative music companies of 2023, and while the list includes familiar names, it’s also peppered with some interesting newcomers. The two we are. Continue reading
QUICK HITS: Myxt opens w/ $2M • StageIt + Full Option • Public Pressure adds music • Qobuz to Canada • Promotions @ ASCAP, WCM
Myxt has launched its audio file management platform alongside seed funding of $2 million led by Accel and Quiet Capital to support the development of its centralized audio workplace. •. Continue reading
Music live stream platform Mandolin to shut down
Music live stream platform Mandolin is winding down operations, the company said in an email to users Tuesday. Mandolin, which won awards for innovations in fan livestream engagement, launched early. Continue reading
beatBread adds sliceNote fractional investing to music funding toolkit
beatBread, a startup that offers artists advances based on past streaming performance and social data, has launched sliceNote, a platform that enables fractional investing in independent musicians and labels. sliceNote. Continue reading
