Duetti Announces $114 Million in New Funding, Eyes Expansion

Duetti funding round

Photo Credit: Duetti About eight months after closing a $90 million round, indie-focused catalog investor Duetti has announced $114 million in fresh funding. Duetti reached out today with word of its latest capital influx, stemming […]

Tomorrowland Clarifies Speculation Surrounding Thailand Festival Expansion

Tomorrowland Clarifies Speculation Surrounding Thailand Festival Expansion

Contrary to local reports, a Tomorrowland festival has not yet been confirmed to take place in Thailand, Tomorrowland spokesperson Debby Wilmsen tells EDM.com. Citing Thai government spokesman Chai Wacharonke, numerous media outlets have reported that the organizers […]

Tomorrowland Denies Reports of Thailand Festival Expansion

Tomorrowland Denies Reports of Thailand Festival Expansion

Contrary to local reports, a Tomorrowland festival has not been confirmed to take place in Thailand, Tomorrowland spokesperson Debby Wilmsen tells EDM.com. Citing Thai government spokesman Chai Wacharonke, numerous media outlets have reported that the organizers of […]

Tyler Perry Halts $800M Studio Expansion Over Open-AI Concerns

Tyler Perry Halts $800M Studio Expansion Over Open-AI Concerns

Tyler Perry announced plans to halt an $800 million studio expansion due to concerns about Open-AI’s Sora. Source: Variety / Getty In an interview with The Hollywood Reporter, the media mogul spoke on the collateral damage […]

AREA15's Next Expansion Will Include a Hotel, Nightclub and Decommissioned Boeing 747 for Events

AREA15's Next Expansion Will Include a Hotel, Nightclub and Decommissioned Boeing 747 for Events

Known for its fusion of art and technology, AREA15 has become a cornerstone for avant-garde experiences in Las Vegas. From interactive art installations to exhilarating electronic music events, the complex offers a haven for those […]

Freshsound Announces $2.2 Million Raise, Preps Global Expansion

FreshSound former hipgnosis

Photo Credit: Sara Larsson and Stephen Gyasi Less than one year after securing $1.33 million from investors, “self-serve music licensing platform” Freshsound has announced a €2 million ($2.18 million at the present exchange rate) raise […]

Hybe Acquires Quality Control Amid Global Expansion

hybe quality control acquisition

(l to r) Hybe chairman Bang Si-Hyuk, Quality Control CEO Pierre “P” Thomas, QC COO Kevin “Coach K” Lee, and Hybe America CEO Scooter Braun. Photo Credit: Eric Ray Davidson. After spearheading a number of […]

Kakao Entertainment Raises $967M, Touts Global Expansion Plans

kakao entertainment

Photo Credit: Kakao Entertainment South Korea’s Kakao Entertainment, which operates several K-pop labels, a streaming service, and more, has announced the completion of a nearly $1 billion raise fueled by “leading sovereign wealth funds.” Kakao […]