SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Digital Economy

Apple acquires streaming service Primephonic to provide a ‘best in the world’ classical music experience to subscribers

Published

on

Apple has acquired classical music streaming service Primephonic in a move designed to provide Apple Music subscribers with "a significantly improved classical music experience." Terms of the deal we not disclosed.

London-based Primephonic is no longer available for new subscribers and will be taken offline on September 7. Apple Music said it plans to launch "a dedicated classical music app next year combining Primephonic’s classical user interface that fans have grown to love with more adde...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Digital Economy

beatBread appoints Troy Skabelund as CFO

Published

on

AI-driven funding platform for music beatBread has appointed Troy Skabelund as Chief Financial Officer. At beatBread, he will oversee all financial strategy and operations, including capital efforts, financial reporting, financial planning & analysis, compliance, and risk management.

Based at the company’s Utah offices, he reports to John Haller, beatBread’s COO and co-Founder. Skabelund has held finance leadership roles in a series of tech businesses over recent years, after more than ...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

Music deals — Week 21, 2023

Published

on

Here's a list of the main music deals announced in the past week:

Universal Music Group is on course to acquire the recording and publishing catalogues of British band Queen for $1 billion, according to a report from CNN. Citing a source familiar with the music acquisition, CNN said that discussions are “well underway” for Universal Music Group to acquire Queen’s catalogues. The source also added that the sale could exceed $1 billion and that the de...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

Key figures — Week 21, 2023

Published

on

$5.4 billion

That's the combined market capitalisation of South Korea's four biggest K-pop music agencies — Hybe, SM Entertainment, YG Entertainment and JYP Entertainment Corp. — whose shares have jumped at least 30% this year, double the advance in the benchmark Korea Composite Stock Price Index (KOSPI) this year. Bloomberg said overseas funds are "snapping up the stocks" as they outperform global recording labels including Universal Music Group and Warner Music Group.

...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending