Tag: acquisitions

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Spotify buys Loudr in latest publishing-royalties effort

Spotify’s latest acquisition is its latest move to tackle the problems it has faced identifying, tracking and paying royalties to music publishers and songwriters. The company has snapped up Loudr, which does exactly that,...
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A&R’s data moment: Sodatone acquisition and Instrumental funding

Two separate announcements yesterday highlight the fact that big-data and machine-learning for A&R purposes are enjoying a bit of a moment – after years of being mostly seen as a controversial niche when they cropped up...
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Reliance claims $1bn valuation for Saavn and JioMusic merger

Indian telco Reliance Industries is merging its own music-streaming service JioMusic with independent player Saavn, in a deal that it says values the merged entity at more than $1bn. It’s promising that the resulting...
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Pandora to buy ad-tech firm AdsWizz for $145m

Pandora’s last major acquisition of another company, ticketing firm Ticketfly, didn’t go so well: bought for $450m in October 2015, then sold for $200m less than two years later. The company will be hoping for a better...
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Universal Music buys 70% stake in Kenyan label AI Records

Universal Music Group’s expansion plans are making Africa a priority, with the latest example being UMG’s acquisition of a majority stake in Kenyan label AI Records. According to news site Business Daily, Universal...
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Music-making firm Splice buys remix-contest site Indaba

There is more consolidation afoot in the digital music-making space, following the news earlier this month that BandLab was buying Gibson’s Cakewalk division. Now one of its rivals, Splice, has snapped up veteran remix-contests...
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European Commission to assess Apple’s Shazam acquisition

Apple announced plans to acquire music-recognition firm Shazam in December 2017, but European regulators may yet throw a spoke in the works of the deal. “The European Commission has accepted a request from Austria, France,...
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CD Baby’s parent company buys AdRev and DashGo

The parent company of distributor CD Baby has executed a mini-rollup of B2B services. AVL Digital Group has acquired AudioMicro, which in turn owns YouTube-monetisation tool AdRev and label-services provider DashGo, as well...
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Apple has bought an augmented-reality headset startup

Sorry, the rumours about Apple making an AR headset and/or smart glasses are going to keep on coming until the company actually makes one. At least there’s some concrete fact to the latest story: Apple has acquired a...
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Access to new sources of finance could fuel a new golden age for music (guest column)

The international music industry is entering a new golden age. A kind of second gold rush. We’re right at the start, and it’s streaming that’s largely responsible. This business has suffered a long period of decline...
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LiveXLive agrees $50m acquisition of Slacker Radio

US music-streaming service Slacker Radio is being acquired by LiveXLive Media, in a deal that values the company at $50m. LiveXLive has agreed to pay $44m in cash and $6m in stock for the service, which has 1.5 million...
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Songs Music Publishing may be up for $160m+ sale

Another catalogue of copyrights appears to be up for grabs, with news that respected US publisher Songs Music Publishing may be up for sale. Hits and Billboard both reported that the company has hired LionTree Advisors...