Tag: The Banker

Amazon Will Launch New Music Streaming Service Next Month [Report]

Amazon is so close to finishing its deal with the major labels that it will launch a competitor to Spotify and Apple Music in September, sources tell the Financial Times.. Continue reading

Bruce Houghton on 08/29/2016 in Music Business | Permalink | Comments (0)

Tags: Africa, Alan Cross, Commentary (magazine), European Exchange Rate Mechanism, European Union, Financial Times, Free streaming, Freemium, record label, The Banker

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Vevo Hires Goldman Sachs To Raise Up To $500 Million

Vevo has hired Goldman Sachs to help it raise $3-$500 million, according to The Financial Times. The money will fund international expansion, acquisitions and original programming. UMG and Sony each own. Continue reading

Bruce Houghton on 08/19/2016 in Music Business | Permalink | Comments (0)

Tags: Abu Dhabi Media, Africa, Financial Times, music video, Sony Music Entertainment, Spotify, The Banker, Universal Music Group, Vevo, YouTube

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Bankrupt Music Tech Startup Crowdmix Sold To Controversial Billionaire Real Estate Investor Nick Candy

Bankrupt and yet to launch music tech startup Crowdmix had hit the deadpool. Now, a controversial billionaire real estate tycoon has come to the rescue.

Bruce Houghton on 08/04/2016 in Music Tech | Permalink | Comments (0)

Tags: Africa, Apple Inc., Financial Times, London, Pharrell Williams, Spotify, Streaming media, The Banker, The Ventures, YouTube

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