Following Tencent investment, A&R platform Instrumental launches $13m fund to invest in independent artists

Fund will be deployed immediately to artists with qualifying tracks, as identified by the company’s platform
Source

Primary Wave strikes ‘multi-million dollar deal’ to buy music publishing catalog and master royalty stream from rock band Disturbed

Included in the deal is Disturbed’s hit Down With The Sickness
Source

Not only is Universal ‘music’s most innovative company’ according to Spotify… it’s also ‘willing to lean in more aggressively’ to SPOT’s new marketing tools

“Our hope and expectation will be that other labels, both the big ones [and] small ones will lean in more aggressively over time.”
Source

Sony-backed music creation and distribution startup Tully, founded by Joyner Lucas and manager Dhruv Joshi, launches new premium Platform

‘We continue to be impressed by their creative-first approach to Tully’s product evolution,’ says Dennis Kooker, President, Global Digital Business and US Sales, Sony Music Entertainment
Source