Tag: funding

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Audoo raises £5.2m from investors including Björn Ulvaeus

British startup Audoo has raised a Series A funding round of £5.2m (around $6.9m) to continue developing and rollout out its technology to track public performance usage of music. The round was raised in 10 weeks from...
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TicketSwap and GoFundMe aim to raise £2m for European venues

We’ve written about the fundraising campaigns for independent venues run in the US (by NIVA) and the UK (by the Music Venue Trust). Now there’s a new pan-European campaign launched by ticketing firm TicketSwap,...
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Round Hill Music Royalty Fund raises $282m from share issue

The arms race in catalogue acquisition continues. Round Hill has announced that its Round Hill Music Royalty Fund has raised another $282m from a share issue. The money won't be burning a hole in its wallet for long, we...
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Vimeo raises $150m as parent company mulls spin-off

Video streaming service Vimeo may be spinning off as an independent company within parent group IAC. The news was revealed as IAC also announced that Vimeo had raised $150m in a new funding round, from Thrive Capital and...
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ByteDance reportedly raising $2bn at $180bn valuation

How much is TikTok's parent company worth? 13 Warner Music Groups? Just over 5.3 Universal Music Groups? 3.7 Spotifys? Or perhaps just over a fifth of a Facebook? These are some sketchy sums based on a Bloomberg report that...
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WMG leads funding round for 3D worlds startup Anything World

We had a line about a startup called Anything World in a bulletin earlier this month, intrigued by its plans to let people "create 3D worlds with your voice". Today, the UK-based company is revealing that WMG was the...
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Quincy Jones invests in music/tech startup Musimap

Quincy Jones is no stranger to the world of music/tech startups: he founded music video-on-demand service Qwest TV, which launched three years ago. Now he's also investing in another startup, Musimap, which describes...
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Music-making tech company Output raises $45m funding round

Output is one of the music/tech companies making digital instruments, effects and even furniture for musicians to use in the studio. A valuable business? It certainly is according to investment firm Summit Partners, which...
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WMG set for $338m acquisitions (and possibly revenue decline)

It was a busy day for Warner Music Group yesterday, with several interrelated announcements. First, there was news of the company raising $250m of new funding through a 'senior secured notes offering' to be spend to "fund...
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Livestreaming startup Moment House raises $1.5m from starry seed investors

Scooter Braun, Troy Carter, Patreon CEO Jack Conte, actor Jared Leto and artist Kygo's Palm Crew Investments are among the investors in the latest ticketed livestreams startup, Moment House, which announced its $1.5m seed...
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Report: Triller could go public with shell-company merger

Remember those July reports that short-video app Triller was raising a funding round of up to $300m? Whatever happened to that? Reuters has an update, claiming that the company has “so far secured around $100 million...
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Round Hill Music confirms plans for $375m Royalty Fund IPO

The rumours were right: music publisher Round Hill Music is planning to take its songs fund public. The Round Hill Music Royalty Fund has announced plans to raise $375m through an IPO on the London Stock Exchange. You can read...