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CreateSafe platform behind Grimes announces funding

Music Tech Studio Behind Grimes AI Announces $4.6 Million Fund for New Platform

November 16, 2023

Photo Credit: CreateSafe Music tech studio CreateSafe announces a $4.6 million seed funding round to launch a new AI platform, following the company’s successful collaboration with Grimes. CreateSafe, the mu... Read More...

Kobalt Partners With Morgan Stanley To Drop ‘More Than $700 Million’ on Catalogs During ‘The Next Few Years’

Dylan Smith

November 1, 2023

Kobalt is set to invest at least $500 million in catalogs as part of a just-detailed partnership with Morgan Stanley. Photo Credit: Sven Piper Kobalt is preparing to inject the better part of $1 billion into ... Read More...

Exclusive: Music Industry Funding Grew 44% Year Over Year, Topping $4.6 Billion, During 2023’s First Three Quarters

Dylan Smith

October 27, 2023

Music industry funding increased dramatically during 2023's first three quarters, according to DMN research. Photo Credit: Markus Winkler Music industry funding spiked by nearly 44 percent year over year (YoY... Read More...

Simon Cowell Backs Ad-Free Streaming Startup Lounges.tv, Touts 24-Hour Creator Payouts

Dylan Smith

October 23, 2023

Simon Cowell, who's invested in a 'new streaming platform' called Lounges.tv. Photo Credit: Lounges.tv As songs (some made by humans, others generated by AI) continue to pour onto leading streaming platforms ... Read More...

AI Music Generator Riffusion Reportedly Raises $4 Million, Adds The Chainsmokers As Advisors

Dylan Smith

October 17, 2023

A live performance from The Chainsmokers, who founded Mantis VC in 2019 and are advising AI music-generation startup Riffusion. Photo Credit: The Come Up Show AI-powered music-generation platform Riffusion ha... Read More...

Superfan App Fave Raises $2 Million With Backers WMG, Sony Music

Ashley King

October 12, 2023

Photo Credit: Fave Fave, the superfan app for like-minded music lovers, has secured $2 million in an ongoing round of funding, with backers like Sony Music and WMG. Superfan-focused connection app Fave has r... Read More...

AI Music-Remix Startup Hook Draws $3 Million Seed Investment in Waverley Capital-Led Round

Dylan Smith

October 12, 2023

Photo Credit: Igor Omilaev AI music-remix startup Hook has reportedly raised $3 million from backers including Edgar Bronfman Jr.-founded Waverley Capital. Word of New York City-headquartered Hook’s multimi... Read More...

Audoo Draws $5 Million Investment from Elton John and David Furnish Amid Push for ‘A Fairer and More Transparent Music Industry for Creatives’

Dylan Smith

October 10, 2023

Audoo investor Elton John performing during Glastonbury 2023. Photo Credit: Raph_PH About two months after formally inking partnership deals with PRS for Music and PPL, Audoo has secured an approximately $5.0... Read More...

Forget the Boomer Catalogs — Now You Can Buy a Piece of the Shrek Soundtracks

Ashley King

October 4, 2023

Photo Credit: Public Forget about investing in Boomer catalogs; alternative asset investing platform Public now allows members to invest in music royalties, starting with original music from the Shrek films. ... Read More...

Top Investment Firm Says Spotify’s ‘Darkest Days Are Ahead’ — ‘Competition Is Fierce, Margins Thin’

Ashley King

October 1, 2023

Photo Credit: Glenn Villas Spotify stock (SPOT) may see its 'darkest days ahead,' according to analysts from Monness, Crespi, and Hardt. The investment firm cut the stock to Neutral from Buy and refused to as... Read More...

Indian Label Heavyweight Saregama Acquires Majority Stake in Pocket Aces for $20 Million

Ashley King

October 1, 2023

Indian label heavyweight, Saregama, acquires a majority stake in digital entertainment startup Pocket Aces for $20 million. Saregama, the oldest and most prominent Indian music label, has acquired a 51.82% s... Read More...

Afterparty Reveals $5 Million Raise Ahead of AI-Messaging Buildout, Aims ‘To Scale Creator-Fan Interactions’

Dylan Smith

September 20, 2023

Afterparty co-founder and CEO David Fields (left) and co-founder and chief talent officer Robert Graham. Photo Credit: Afterparty Self-described “creator community platform” Afterparty has finalized a $5 mill... Read More...

Co-Creator Payments Platform Mozaic.io Secures $20 Million Series A

‘K-Pop Powerhouse’ Titan Content Officially Launches, Aims To ‘Push the Industry Forward Through Savvy Web3 Disruption’

Warner Music Group (WMG) Stock Is Having a Lackluster 2023. But Maybe It’s Time to Buy?

DMN Pro Weekly: Investors Still Aren’t Sold on Robert Kyncl’s Vision for Warner Music Group. Will That Change In 2024?

Superfan Monetization Platform We Are Giant Officially Launches, Announces ‘Nearly $8 Million’ Raise

Music Tech Studio Behind Grimes AI Announces $4.6 Million Fund for New Platform

Kobalt Partners With Morgan Stanley To Drop ‘More Than $700 Million’ on Catalogs During ‘The Next Few Years’

Exclusive: Music Industry Funding Grew 44% Year Over Year, Topping $4.6 Billion, During 2023’s First Three Quarters

Simon Cowell Backs Ad-Free Streaming Startup Lounges.tv, Touts 24-Hour Creator Payouts

AI Music Generator Riffusion Reportedly Raises $4 Million, Adds The Chainsmokers As Advisors

Superfan App Fave Raises $2 Million With Backers WMG, Sony Music

AI Music-Remix Startup Hook Draws $3 Million Seed Investment in Waverley Capital-Led Round

Audoo Draws $5 Million Investment from Elton John and David Furnish Amid Push for ‘A Fairer and More Transparent Music Industry for Creatives’

Forget the Boomer Catalogs — Now You Can Buy a Piece of the Shrek Soundtracks

Top Investment Firm Says Spotify’s ‘Darkest Days Are Ahead’ — ‘Competition Is Fierce, Margins Thin’

Indian Label Heavyweight Saregama Acquires Majority Stake in Pocket Aces for $20 Million

Afterparty Reveals $5 Million Raise Ahead of AI-Messaging Buildout, Aims ‘To Scale Creator-Fan Interactions’