Tag: australia

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Universal Music signs deal for Michael Hutchence movie

Major labels getting involved in Hollywood isn’t a new trend, but we’re interested in the news of Universal Music’s latest big-screen project.
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Pokemon Go is a bona-fide craze – and a privacy headache

We’re not sure how many music-industry folk are hunting down virtual Pokemon in the streets around them, but the runaway success of Nintendo’s AR/location-based mobile game Pokemon Go this week is worth following.
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Guvera battling on after IPO blockage

Streaming firm Guvera’s much-discussed IPO was recently blocked by the Australian Securities Exchange (ASX). Now the company is mulling its next moves, including seeking more money from its shareholders.
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EthiumLive set to help fans invest in concerts

The next music-focused crowdfunding service may be Australian startup EthiumLive, which is planning to launch at the Web Summit conference this November.
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Guvera IPO blocked by Australian Securities Exchange

Streaming service Guvera’s IPO has hit the buffers, after being blocked by the Australian Securities Exchange (ASX) on which it was planning to list. “ASX must be satisfied that a company is appropriate to be listed...
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Guvera prepares for July IPO by launching prospectus

Australian music-streaming service Guvera is preparing to go public in July, but the release of its IPO prospectus has shed new light on its business. Guvera generated AU$1.2m ($0.87m) of revenues in its last full fiscal...
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Major labels seek Australian ISP blocks of KickassTorrents

The Australian arms of the three major labels have teamed up with collecting society APRA AMCOS to file a court order to force local ISPs to block access to filesharing site KickassTorrents. They’re using Section 115A,...
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Australia’s Recorded Music Market 2015, April 2016

This infographic is an extract from the Music Ally Report
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Early Australian streaming service JB Hi-Fi Now shuts down

Australian retailer JB Hi-Fi was one of the first companies to launch a music-streaming service in its home country back in 2012, but intense competition from global players is now forcing it to close. “Sadly, the JB...
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Guvera raises $72.2m and plans IPO – but lost $58.6m last fiscal year

Australian digital music firm Guvera has startled the industry by announcing an AU$100m ($72.2m) funding round, while talking up its plans for an IPO. Yet the company's latest financial results reveal that it lost AU$81.1m...
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Guvera shareholder offloads millions of shares but the service is getting a “large cash injection” soon

We can’t say that mUmBRELLA pops up on our RSS feed too often but it has a very intriguing story about Australian music service Guvera. It reports that a major (but anonymous) shareholder in the service has taken out an...
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GiggedIn raises $500k in new funding

Australian live music crowdfunding and ticketing platform GiggedIn has secured $500k in seed funding from a range of investors including BlueChilli Venture Fund, Blacksheep Capital, QUT Creative Enterprise Australia, Dominet...