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Digital Economy

Audoo closes $5 million funding round with Elton John and David Furnish as investors

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Music tracking company Audoo has closed a $5 million funding round, with Elton John and David Furnish joining as investors. The London-based start-up has raised $22m to date. John and Furniss join a group of investors in Audoo that includes Bjorn Ulvaeus (ABBA/CISAC) and MPL Ventures, alongside Tileyard and Edinv. Elton John said: “Working as a musician can be seen as all glitz and glamour but for the vast majority of artists, especially new and emerging acts, this isn't the case. It’s often bru...

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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

Alphabet’s revenue exceeded $400bn in 2025 with YouTube income over $60bn

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Alphabet, the parent company of Google, posted full year revenues of $402.8 billion in 2025, up 15% from $350.0bn in 2024, with net income for 2025 reaching $132.2bn, up 32% from $100.1bn in 2024. The company enjoyed a strong final quarter in 2025, with revenues of $113.8bn, up from $96.5bn in the same period of 2024. Net income for the quarter was up 32% to $34.5bn. For the full year, Alphabet's operating expenses, including cost of revenues, research and development, sales and marketing, and ...

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Digital Economy

Native Instruments has entered into preliminary insolvency proceedings

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Berlin-based music software company Native Instruments Gmbh has entered into preliminary insolvency proceedings in Germany, according to a report from CDM, which disclosed that a preliminary insolvency administrator, Torsten Martini, has been appointed to oversee the company's restructuring. The company's products include DJ software Traktor, audio engineering software (iZotope, Nectar), and music creation tools (Kontakt, Absynth, Komplete). In a statement, Native Instruments CEO Nick Williams, ...

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Creative Industries

Calendar — Week 5, 2026

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2026 FEBRUARY 2026 – Feb. 4-7: MIDEM 2026 at the Palais des Festivals in Cannes, France.

– Feb. 12: ASCAP Experience 2026, at the Skirball Cultural Center in Los Angeles. The event is organised by US rights society ASCAP for music creators, with workshops, panels, performances and networking. – Feb. 10-12: India International Music Week in Mumbai. MARCH 2026 – March 12-18: South by South West in Austin, Texas. – March 22-25: MUSEXPO, known as “The Unite...

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