FireAid Fund Distribution—Some Non-Profits Return Money

Non-profits return FireAid money

Photo Credit: Jessica Christian California’s high-profile FireAid campaign’s funds distribution continues to receive high scrutiny — and suspect non-profits are taking note. Recent developments show at least one non-profit organization has returned FireAid funds, responding […]

The Chainsmokers’ Mantis VC Announces $100 Million 3rd Fund

The Chainsmokers Mantis VC

A live performance from The Chainsmokers. Photo Credit: Julio Enriquez The Chainsmokers’ Mantis VC has officially scored $100 million in fresh capital following a “grueling” third fundraise. Alex Pall, who founded Mantis in 2019 alongside […]

Yamaha Announces Music Innovations Fund to Invest $50 Million

Yamaha fund

Photo Credit: Nadine E Yamaha announces the Yamaha Music Innovations Fund to begin investing in music and media startups with a dedicated $50 million fund. Yamaha has announced that its corporate venture capital fund, Yamaha […]

Pophouse Entertainment Closes $1.3 Billion Inaugural Fund

Pophouse Entertainment

Pophouse Entertainment co-founder Björn Ulvaeus. Photo Credit: UMG Pophouse Entertainment has closed its €1.2 billion (currently $1.3 billion) inaugural fund, which is “approximately 30% deployed.” Stockholm-based Pophouse announced the fund’s closure this morning, describing the […]

How Iran’s Supreme Leader Ended Up In Control Of A $200 Billion “Off-the-Books Hedge Fund”

Ayatollah Ali Khamenei

Most Westerners probably don’t know too much about Iran’s Supreme Leader Ayatollah Ali Khamenei. In fact, most Westerners don’t know too much about Iran in general! One of the first things you should know about […]

Universal Music Group Launches Mental Health Fund Alongside Music Health Alliance

Illustration of two silhouettes

Less than a fortnight after a Chappell Roan Grammys speech sparked a conversation about mental healthcare in music, Universal Music Group (UMG) has partnered with the Music Health Alliance to launch the Music Industry Mental […]

Save The Music Goes Indie—Launches $10M Endowment Fund

Save the Music is going indie

Photo Credit: Save the Music Save the Music non-profit has announced it will continue supporting music education as an independent non-profit separate from Paramount Global. The non-profit has supported music education in 285+ school districts […]