Saudi Arabia‘s sovereign wealth fund, the Public Investment Fund, has purchased a stake in Live Nation worth about $500 million, Variety reports. The Public Investment Fund acquired a 5.7 percent stake totaling around 12.3 million shares in the music industry giant, according to new filings with the Securities and Exchange …
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On April 8th, DJ Alesso is releasing a new dance/pop song called “Midnight” with former One Direction member and pop artist Liam Payne. Before that happens, the pair is enlisting the help of their social media followers — asking fans to send in recordings of themselves singing part of the …
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Everyone flush with cash in the music industry is looking for the next Spotify; Techstars Music wants to help build it. The mentorship-based, music-focused startup program — which spawned out of general technology startup accelerator Techstars four years ago, has since raised $75 million in follow-on capital, and now boasts …
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For six hours at Clive Davis‘ pre-Grammy gala in Beverly Hills Saturday night, the music industry‘s most recognizable faces gently set the controversy shrouding the Recording Academy down on their tablecloth-draped banquet tables and poured out dozens of toasts and smiles — celebrating themselves, their colleagues, and the continued triumph …
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Universal Music Group, home to acts like Taylor Swift, Lady Gaga, Mariah Carey, Queen, and Kanye West, rolled out an in-house artist analytics app Thursday that lets musicians and their managers see data from major music-streaming services as well as social engagement information from Facebook, Instagram, and Twitter. The app …
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High-resolution music service Qobuz will make its much-anticipated American debut on Thursday, the company confirmed toRolling Stone.Qobuz — pronounced “co buzz,” and currently available in Europe, the U.K. and Ireland — offers both downloads and music-streaming subscriptions at CD quality and high-res quality, and its unique hybrid service will be …
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