Midemlab 2017 Music Tech Startup Winners: HumOn, Truelinked, Soundcharts, Vinci Smart Headphones

Midemlab, the startup contest of music industry conference Midem has chosen its winners. Finalists delivered live pitches today in front of an audience and jury of investors and potential partners. The twenty 2017 Midemlab finalists who pitched live on Wednesday were chosen from 136 submissions representing 32 countries worldwide by…

Apple Music’s Bozoma Saint John Becomes Public Face Of Uber, Shares Reasons For Move

Bozoma Saint John, one of Apple Music’s most visible executives, has resigned and joined Uber as its Chief Brand Officer. Saint John had been Pepsi’s head of music and entertainment before joining Beats Music just months prior to Apple buying the music streamer and headphone manufacturer. ________________________________ Before joining Apple…

Everfest Festival Experiences Platform Raises $3.6M From Live Nation, ATX

Everfest, a global festival search engine and calendar, has raised $3.6 million in a funding round co-led by Live Nation Entertainment and ATX Seed Ventures. Benchmark Capital’s Bob Kagle also returned as an investor. C3 Presents (Lollapalooza, ACL) co-founder Charlie Walker and Chris Shonk of ATX will join the board….

Everfest Festival Experiences Platform Raises $3.6M From Live Nation, ATX

Everfest, a global festival search engine and calendar, has raised $3.6 million in a funding round co-led by Live Nation Entertainment and ATX Seed Ventures. Benchmark Capital’s Bob Kagle also returned as an investor. C3 Presents (Lollapalooza, ACL) co-founder Charlie Walker and Chris Shonk of ATX will join the board….

Heather McBee Talks Startup Accelerator Project Music [INTERVIEW]

In this interview Heather McBee chats about a new music focused startup accelerator, Project Music, how its altered its operations strategy, where the accelerator is headed in the future, and why it’s been garnering so much attention. ________________________ Guest post by Hugh McIntyre Last week at the 2017 Music Biz…

PledgeMusic’s Lead Investor Magna Funds Indie Label Loud & Proud

In 2016, Magna followed a $3M 2014 investment in PledgeMusic to take a ‘major position’ in the crowdfunder and finance Noisetrade and Set.fm acquisitions. Now, Magna has invested in Loud & Proud Records. __________________________________ Is Magna Entertainment working to build a full stack music company? The PledgeMusic major investor has…

Once Promising Nashville Music Tech Startup Dart Music Selling Assets In Chapter 11

Dart Music, once considered the most promising tech startup in the Nashville music scene, has begun the process of selling off their assets after filing for bankruptcy protection in February. The company, which bills itself as a metadata services company, became a classical music distributor, allowing classical composers and small…

Snapchat Lost $2.2 Billion Last Quarter, Stock Drops 23%

Snapchat parent Snap Inc. reported disappointing earnings late Wednesday; and Wall Street punished the stock, pushing it down more than 23% in the first two hours of after market trading. Falling to $17.65 in after hours trading, Snap stock is now hovering very close to the $17 per share it…