Co-writing a hit song with one of your bandmates feels great at the time and is all well and good, until down the road it suddenly turns out the two of you have differing opinions on who contributed what, at which point the royalties argument is bound to turn nasty….
Category archives: Startups & Funding
‘All In’ Ticket Marketplace TickPick Raises $40 Million
No-fee ticket marketplace TickPick has announced a $40 million investment from PWP Growth Equity in the startup’s first institutional funding round. The investment will allow TickPick to accelerate marketing and business development initiatives and establish a data team to utilize machine learning and artificial intelligence. TickPick expects to surpass $200…
Music & Refugees: Improving Lives In Uncertain Times
In this piece, a humanitarian volunteer recounts their experiences in Greece working to support victims fleeing the Syrian refugee crisis, and the powerful role music played in improving the lives of those suffering. _____________________________ By Daniel Pines from the Berklee College of Music: Music Business Journal An Introduction to the…
Incubus Guitarist Michael Einziger’s Startup Mixhalo Raises $10.7M To Improve Concert Sound Quality
Live music audio startup Mixhalo has raised $10.7 million in Series A funding. The company was co-founded by Incubus guitarist Mike Einziger and his wife, violinist Ann Marie Simpson-Einziger. The new funding was led by Foundry Group, alongside Sapphire Sport, Founders Fund, Defy Partners, Cowboy Ventures, Red Light Management, Another…
TikTok Acquires AI Music Pioneer Jukedeck
TikTok parent Bytedance has acquired UK based music AI startup Jukedeck, according to multiple reports. The purchase, which could offer AI-created music to TikTok’s 500 million global users even as the social video app continues contentious re-licensing with the major labels and battles performing right organizations. The Jukedeck site is…
Customizing Salesforce For The Music Industry
When it comes to dealing with fans/customers, many artists and organizations within the industry rely on archaic and ineffective systems for keeping their teams in synch, which can lead to all kinds of inefficiencies and missed opportunities. Here we look at a more effective way in which groups in the…
ROCCR Is A Non-Profit, Transparent PledgeMusic
UPDATED: As the effects of the collapse of crowdfunder PledgeMusic rippled through the music community, Iain Baker of UK rock group Jesus Jones was one of its most outspoken critics. Now, Baker has decided to do something about it with the formation of ROCCR. Alongside partners with expertise in tech…
Filter Cancel Reunion After PledgeMusic Fiasco
Last year, the band Filter had announced that original members Richard Patrick and Brian Liesegang were reuniting to record a new album, their first since the band’s 1995 debut, ‘Short Bus.’ The reunion has now been canceled and the band is blaming PledgeMusic. The pair were funding the record with…
IHeartMedia [IHRT] Stock Falls On Market Debut
T he largest radio conglomerate in the US, iHeartMedia, became a publicly-traded company again on Thursday, are launching its direct listing. Shares of the company, which just recently emerged from bankruptcy, are listed under the ticker “IHRT” on the NASDAQ. The stock fell as low as $15.75 in early trading…
WAVE Raises $5.65 Million To Mix Music and Meditation
Breath, body, and beats could serve as the tagline for WAVE, the new subscription-based music-based meditation app and vibrating pillow that has launched with $5.65 million in seed funding. Investors include CrossLink Capital, Lerer Hippeau Ventures, Collaborative Fund, and Ludlow Ventures. WAVE’s founders see hugely successful apps like Calm and…