Tag: acquisitions

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Apple’s Platoon acquisition is about the much-bigger picture

The news broke on Friday morning that Apple has acquired British artist-services startup Platoon. The company is best known for working at an early stage with emerging artists – including Jorja Smith, Billie Eilish and...
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Report suggests Liberty Media is eyeing up iHeartMedia

US media group iHeartMedia – which includes radio-streaming service iHeartRadio – filed for bankruptcy earlier this year, and has since been plotting a path to reduce its debts and exit Chapter 11 bankruptcy. This week,...
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iHeartMedia buys advertising-tech company Jelli

Music Ally first wrote about US startup Jelli way back in June 2009, when it launched a service that enabled listeners to ‘take over’ radio stations by voting online for what songs they should play next. By 2012...
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Bids reportedly top $300m for Big Machine Label Group

The stories about ‘Taylor Swift’s label up for sale’ seem to come around every two years or so, but the latest speculation looks like it may actually result in a deal. Billboard claims that the bidding has reached...
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Confirmed: Apple has bought music analytics startup Asaii

Music-analytics startup Asaii is shutting down this month because it has been acquired by Apple. The deal has been confirmed to Music Ally by the company's first investor. “As the first investors in Asaii, we are incredibly...
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Believe Digital buys majority stake in metal label Nuclear Blast

Here’s another story to chew on in the ‘how do music distributors evolve in the modern music industry?’ discussions.
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Euro songwriters body comes out against Sony / EMI deal

The European Composer and Songwriter Alliance (ECSA) is the latest industry body to come out against Sony’s plan to take full control of EMI Music Publishing. The deal has been ‘notified’ to the European Commission,...
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Pandora will now sell ads for SoundCloud in the US

t’s certainly a busy time for Pandora, as it prepares for its acquisition by SiriusXM. The company has announced a partnership with SoundCloud: not an acquisition (yet…) but rather an advertising-sales deal that will...
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UK songwriters’ body Basca opposes Sony / EMI acquisition plans

The European Commission is considering the competition implications of Sony’s move to take full control of EMI Music Publishing, and as we reported last month, independent body Impala has come out strongly against the plans....
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Analysts give their views on SiriusXM / Pandora acquisition

Analysts have been publishing their views on the implications of SiriusXM’s proposed acquisition of Pandora, and it’s fair to say many of them are taking a wait-and-see approach. Goldman Sachs highlighted the ‘go-shop’...
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Apple to take Shazam ad-free after completing app acquisition

Shortly after receiving approval of the deal from the European Commission, Apple has completed its acquisition of music-recognition app Shazam. Its first move: to announce that the app will “soon offer its experience...
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SiriusXM to buy Pandora: ‘We would benefit from a free funnel’

By now you’ll likely know that US satellite-radio firm SiriusXM has announced plans to buy streaming service Pandora, in a transaction valuing the latter company at $3.5bn. The deal follows SiriusXM’s $480m strategic...