Between mid-August and mid-September 2024 alone, music industry companies secured over $360 million in funding. But where’s the money going? Answering that question (and gaining a better sense of the industry’s direction in the process) […]
Scarlett Johansson Refused Ridley-Scott Film Funding From A Saudi Prince (Photo Credit – Instagram) Scarlett Johansson once made an admirable stand against the controversial Saudi crown prince, Mohammed bin Salman, who had been accused of […]
What was once a raging inferno of music tech that flickered out too soon is being rekindled with a spark of innovation and a hefty dose of capital. Turntable Labs, the brainchild of the original […]
US Representative Maxwell Alejandro Frost has introduced a new bill titled the CREATE Art Act, aimed at providing federal grants to musicians, artists, and other creatives. Announced today at a press conference and mini-concert in […]
Zedd is among a group of celebrity investors supporting Mountaintop Studios’ efforts to develop a new first-person shooter game. The superstar DJ and electronic music producer certainly isn’t new to the gaming scene and notably credited […]
During 2021 and 2022, capital rushed into non-fungible token (NFT), cryptocurrency/blockchain, metaverse, and wider music Web3 startups in the music industry. But how are these businesses faring amid dramatic funding and market changes? Following the […]
A snippet from DMN Pro’s Music Industry Funding Tracker profiling December 2023 rounds. Despite the beginnings of a potentially serious correction in music IP valuations, music industry funding in 2023 added up to more than […]
In the summer of 1983, British politics was in a fractious place. In June, Margaret Thatcher’s Conservative government roared to re-election after victory in the Falklands, eviscerating Michael Foot’s Labour party. Within weeks, new chancellor […]
Photo Credit: Sebastian Herrmann Following 2022’s “crypto winter” and the collapse of FTX, Web3 funding reportedly cratered by 82 percent year over year during the opening quarter of 2023, and the downturn could potentially be […]
Photo Credit: Reactional Music Reactional Music has closed a new funding round led by Amanotes and Butterfly Ventures. This pre-Series A funding round was also supported by a number of angel investors including Kelly Summer, […]
Photo Credit: PRS for Music Last June, PRS for Music faced pushback from more than 50 music industry organizations over its plans to reduce PRS Foundation donations. Now, the entities have unveiled a newly inked […]
Photo Credit: Benjamin Davies Music Venue Trust announces a further £70k funding to an additional 14 UK grassroots music venues. Music Venue Trust (MVT) started strong in 2023 with a further 14 recipients of its […]
Photo Credit: GigFinesse GigFinesse secures $3.6 million in a seed funding round with Bessemer Venture Partners and Cosmic Venture Partners on board. GigFinesse, a platform to connect live music venues with artists, announced a $3.6 […]
Photo Credit: beatBread About nine months after closing a $34 million seed round, artist-advance startup beatBread has officially inked “a $100 million institutional funding agreement.” Two-year-old beatBread announced the $100 million tranche today, via a […]
Photo Credit: Anything World Warner Music Group joins $7.5 million ‘series seed plus’ for machine learning 3D platform Anything World. Anything World, the platform designed for developing interactive 3D experiences through the power of machine-based […]
Just because you’re an heir to an oil industry fortune doesn’t mean you necessarily approve of the family business. Take Aileen Getty, for example: heiress to the famous Getty family fortune, she’s donated a reported […]
Photo Credit: Stability AI Stability AI raises a $101 million seed round at a $1 billion valuation. The London and San Francisco-based company funding the development of open-source music and image-generating systems such as Dance […]
Photo Credit: Stability AI Stability AI raises a $101 million seed round at a $1 billion valuation. The London and San Francisco-based company funding the development of open-source music and image-generating systems such as Dance […]
Photo Credit: Solen Feyissa One month after announcing a “substantial” funding round ahead of a planned Q4 2022 IPO, TikTok rival Triller says that it’s secured “a binding $310 million investment.” Triller, which settled a […]
Photo Credit: Songfinch (CEO John Williamson) Custom song platform Songfinch has announced a $17 million Series A funding round. The Chicago-based startup had a $5 million seed funding round in April 2022. Songfinch was founded […]