Verve has raised an additional $18.5 million to expand its fan-to-fan peer concert marketing and ticket sales platform. The UK based startup, formerly called StreetTeam, counts some of the globe’s biggest concert promoters among its early clients. ________________________________ London based startup Verve has raised an additional $18.5 million in Series…
Category archives: Startups & Funding
What is BlockChain and How Can BlockChain Help Musicians & The Music Industry
This week co-hosts Michael Brandvold and Jay Gilbert are joined by Mo Jalloh Co-founder of Zimrii Music to discuss BlockChain technology. We answer the question what is BlockChain in the simplest terms possible. We also explore how can BlockChain help musicians and the challenges it is facing. The emerging use…
LiveXLive Follows Slacker, SNAP Interactive Acquisitions With Public Stock Offering
LiveXLive Media, Inc. (OTC: LIVX), a live music and music-related online video network, has announced a public offering of shares of its common stock. LiveXLive will sell 7,692,308 shares on the New York Stock Exchange. ______________________________ LiveXLive Media has applied to list common stock on the New York Stock Exchange…
EDM Magazine Acquired For $2.5 Million, Will Relaunch As Dance Music Trade
EDM, the electronic dance music magazine, has been sold for $2.5 million and will be turned into an “industry-specific trade” publication, according to its new owner, EDMtv founder Matt Bolton. ______________________________ Bucking a trend that has seen music and trade publications shuttered at an alarming pace, US dance music magazine…
Blokur Raises $1.2M Seed Round For Music Blockchain, Machine Learning Startup
Blokur, led several music industry veterans, has raided a $1.2 million seed round to bring blockchain technology to music and other creative arts. But Blokur faces steep competition, as well as, the age-old problem of getting the music industry on the same page… about anything. _________________________________________ Blockchain is seen by…
Techstars Music Accelerator Launches Global Search For 2018 Class
Launched by respected startup accelerator Techstars and led by former Topspin and Twitter music head Bob Moczydlowsky, Techstars Music graduated its first class of 11 startups earlier this year. Now, a global search for worthy 2018 candidates has begun. Techstars Music 2018 accelerator starts in Los Angeles on February 5,…
Spotify Now Valued At $16 Billion By Investors
Private trades for Spotify stock are now valuing the music streamer at $16 billion, according to a new report. That’s up $3 billion since June alone, and could put the company’s value at $20 billion when it goes public next year. The market for shares prior to a public listing…
Patreon Raises $60M More For Fan-To-Creator Patronage Platform
Patreon has raised an additional $60Million to expand its fan-to-creator patronage site. The popular platform is led by entrepreneur and musician Jack Conte, half of the duo Pomplamoose. __________________________________________ Jack Conte Patreon has raised an additional $60 million in a round led by Thrive Capital along with returning investors Index,…
$10 Million Later, Former MOG, Beats CEO David Hyman Shutters Music Video AR App Blin.gy
Music video augmented reality app Bling.ly has shut down, after acquisition talks fell through. Originally launched as Chosen by former MOG and Beats CEO David Hyman, the music tech startup had raised $10 million to date. _______________________________________________________ David Hyman Serial music tech entrepreneur David Hyman’s latest project, Blin.gy has shut…
I Spent $500 Promoting My Song On Deezer [Brian Hazard]
In this article Brian Hazard of Color Theory details his experience dishing out $500 large to promote one of songs on the streaming service Deezer, how the process worked, and what results he say from the investment. __________________________ Guest post by Brian Hazard of Passive Promotion $500 is a lot…