Mass Appeal Lands $6 Million Investment From Universal Music, Usher, Nas, Others
Last year, Universal Music Group began investing in music focused films; and today they expanded their content interests with a big bet on NYC based graffiti/hip hop culture and lifestyle. Continue reading
Dubsmash Adds $9.6 Million For Viral Music Video Lip-Sync App
[UPDATED] Dubsmash has added $9.6 million in funding to expand its popular music video lip-sync app. Fan generated music videos have become a major marketing tool for labels and artists. But. Continue reading
Music Publishing News Roundup 10.19.16
Legendary British songwriter Rod Temperton has passed away at age 66. Often referred to as “The Invisible Man,” Temperton’s catalog includes many of Michael Jackson’s classic hit, such as “Thriller,” “Off. Continue reading
SoundCloud Is For Sale, But They’re Having Trouble Finding A Buyer
SoundCloud is finally starting to seriously monetize their content, but profitability is still just a distant hope. That sent the startup in search of funds; and in June, SoundCloud raised $70. Continue reading
Magnifi To Shut Down After Raising $9.35 Million
From launching as DeliRadio and then pivoting to MAGNIFI, this team always focused on promoting local music scenes and new artists. Now, like too many of their peers in music tech. Continue reading
Universal Music Joins $1.3M VIDA Seed Round
San Francisco-based socially conscious e-commerce platform VIDA has closed a $1.3 million seed funding round led by Google Ventures, The Valley Fund and Universal Music Group. VIDA discovers artists from. Continue reading
Songza Scores $4.7M, Expands Native Advertising
Mood and activity based music streamer Songza has raised $4.7 million in equity financing. Investors include Amazon, which has participated in earlier funding rounds, along with talent agency William Morris Endeavor,. Continue reading