SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Digital Economy

Avex expands its music start-up investment programme with a $25m funding injection

Published

on

Avex USA — the US affiliate of Japanese independent music and entertainment company Avex, launched in Los Angeles less than a year ago — has committed $25 million to its Future of Music Investment Fund, with the ambition to invest in cutting edge music tech start-ups.

In parallel with the new funding, Avex USA has broadened the scope of its investment in music tech start-ups to early stage start-ups and digital assets like crypto/NFT. The fund will target projects that "contribute to the fut...

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).

Creative Industries

Listed music companies’ market cap up 2.4% to $217.5bn in Q2 2024 — report

Published

on

Music industry listed companies had a combined market capitalisation of $217.5 billion at the end of June 2024, up 2.4% compared with $212.4bn at the start of April and up 11.9% compared to $194.2bn at the beginning of the year, according to the Omdia's Music Industry Sharewatch, 2Q24. The combined market cap of the 28 companies tracked by Omdia ended June at $217.5bn.

According to Omdia's report, Spotify overtook Universal Music Group (UMG) as the biggest music industry company in market c...

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

Continue Reading

Digital Economy

Beatport teams up with fraud detection company Beatdapp Software to combat fraudulent stream manipulation

Published

on

DJ-centric platform Beatport has joined forces with fraud detection specialist Beatdapp Software "to ensure the authenticity of every stream on Beatport’s platform while eradicating fraudulent activities."

Beatport said that by integrating Beatdapp’s fraud detection technology, the platform will be able to deliver daily, weekly, and monthly streaming charts "devoid of manipulation or fraud, providing users with accurate insights into music trends and consumption patterns."

"At Beat...

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

Continue Reading

Digital Economy

Ticketmaster is integrating Shazam to facilitate the identification of concerts

Published

on

Ticketing company Ticketmaster is integrating Apple-owned music discovery app Shazam, following similar integrations with short format social network TikTok and instant messaging app Snapchat. The integration that will allow consumers to discover tickets to live events through social, entertainment and music apps.

Through these partnerships, Ticketmaster wants to make it "easier than ever for artists to connect fans to their live events." American singer and songwriter Meghan Trainor...

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

Continue Reading

Trending