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But Wait! Music Financing Is Suddenly Roaring Back...

Friday, July 27, 2012
by  paul

The major labels may have killed the licensed startup, but there's still plenty of other music-related opportunity to be had. Which might explain a spate of July mega-rounds from the likes of the Echo Nest, Sonos, Ticketfly, and Roku, all of which has happened in the past two weeks.       

Indeed, the Roku and Ticketfly rounds happened over the past few days, suddenly tilting the year-over-year balance.  Which means the 2011 comparison now looks like this. 

 

 

 

This could become very bubble-like, very soon.  Assuming that VEVO's $100 million and Spotify's $200 million rumored rounds come to fruition, the story on 2012 then becomes completely different.  Here, we plotted VEVO in August, and Spotify in September, while assuming no other funding activity during those periods. 

 

 

 

Shifting to the present, here's the updated tally of all 2012 rounds - at least the ones we've been able to confirm with the companies themselves.  

(also, please note that in our earlier coverage, we neglected to include Popdust's $4.5 million round in June).

 





  • Comments Closed
    Comments (4)

    @SynchTank Friday, July 27, 2012

    Great for music tech (we'd be here if we weren't hiding our light under a bushel!)


    Visiting Saturday, July 28, 2012

    Reverbnation also raised 3 mil


    roku fan Monday, July 30, 2012

    Good list, but how is Roku a music service?


    Ms. B Friday, August 03, 2012

    That's great for the companies, but how much money have been made as a result of these services by those who use them?


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