Classical streaming service Idagio raises $11.7m funding round
We’ve seen a few streaming services focusing on classical music launch in recent years, although as yet none have managed to create a symphony of success in terms of signing up subscribers. Can Idagio buck the trend?...
September 27, 2018
Report: Tencent Music halves amount sought in IPO to $2bn
We’re eagerly awaiting more public details on Tencent Music’s IPO in the US, which will give the industry a deeper insight into the figures and trends around the Chinese company’s music-streaming services. Its filing...
September 19, 2018
NumberEight raises funding for AI tech that could help music-streaming services
Artificial-intelligence startup NumberEight has raised a funding round after completing three trials of its technology with music-streaming companies. The London-based company raised the undisclosed amount from investors...
September 14, 2018
MusicLife raises $5m for blockchain-based ‘music exchange’
We may be over the first rush of ‘initial coin offerings’ (ICOs) given the growing number of blockchain startups announcing funding from more traditional sources. Singapore-based MusicLife is the latest example around...
August 28, 2018
Streaming music’s next big-name backer is… George Soros
According to regulatory filings, subsequently published by Business Insider, billionaire investor George Soros has invested an estimated $178.7m in music streaming services in the last quarter. Soros Fund Management is...
August 15, 2018
Korean internet-radio service Spoon Radio raises $17m
South Korean internet-radio service Spoon Radio – or rather its parent company Mykoon – has raised a $17m funding round. The investors include Goodwater Capital, which was an early investor in Musical.ly according to TechCrunch,...
August 10, 2018
Blockchain music-streaming startup Audius raises $5.5m
“SoundCloud on the blockchain?” was the TechCrunch headline last night that made us spit out our tea in surprise. But this isn’t the actual SoundCloud, but rather a new startup called Audius whose business model...
August 9, 2018
Jeffrey Katzenberg’s NewTV startup raises $1bn in funding
Imagine if your startup’s SEED funding round was for a cool billion dollars? That’s the case for NewTV, which is the online-video startup being launched by former Disney and DreamWorks exec Jeffrey Katzenberg and former...
August 8, 2018
TikTok owner Beijing Bytedance is raising $3bn of funding
Fresh from shutting down social app Musical.ly – or rather merging it with another app called TikTok and keeping the latter brand – Beijing Bytedance Technology is preparing for a monster funding round. The Wall Street...
August 8, 2018
Deezer shoots for unicorn status after $185m funding round
‘Is Deezer really worth a billion dollars?’ asked one headline yesterday, as the streaming service announced a new funding round of €160m (around $185m) from new and existing investors. Well, is Deezer worth ‘unicorn’...
August 3, 2018
eMusic claims it will raise $70m for its blockchain plans
We reported earlier this year, somewhat sceptically, on digital-music service eMusic’s plans for a blockchain-powered relaunch. Now the company has given more details about how much money it’s planning to raise to fund...
August 1, 2018
Indian ticketing firm Bigtree Entertainment raises $100m
Indian company Bigtree Entertainment, which owns popular movie-ticketing platform BookMyShow, has raised a $100m funding round led by TPG Growth. That would be the same TPG Growth that recently led a $60m funding round...
July 20, 2018