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DMN Pro Exclusive

Core Music Industry Funding Actually Rose in 2024 Thanks to a Few Massive Raises — Is a Wider Resurgence In the Cards for 2025?

Paul Resnikoff
January 8, 2025
Music industry funding ticked upward in 2024, but year-over-year levels would have plunged if not for a few huge raises. Amid rumblings of a significant rebound, what does 2025 have in store? Will 2025 offer... Read More...
Ask Hearby in action

AI-Powered Concert Listings? Hearby Just Generated an App for That

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December 19, 2024
How much bigger can the global live concert space grow? Boston-based Hearby is betting that AI-generated concert searches can crack the discovery riddle and boost attendance across the board. Here’s a look at... Read More...

On Air Inks Licensing Deal With Mercury Studios for Concert Video Content — Here’s a Closer Look at the Platform 

Paul Resnikoff
October 31, 2024
Content from the UMG-owned production studio is available to stream now. With the emergence of concert streaming’s high-growth potential, on-stage performance streaming platform On Air is now offering new mo... Read More...

How to Train Your AI Chat Dragon: Hearby Uses Chat Technology to Help Fans Find Grassroots Music They’ll Love

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October 30, 2024
ChatGPT is impressive out-of-the-box but challenging to apply to real-world problems. Area4 Labs and Hearby are building with AI technology to create a data-driven live event concierge. The following comes f... Read More...

UNIFI Music Has Another Plan for AI — Artist Management

Paul Resnikoff
October 29, 2024
Finding and retaining effective management is a significant hurdle for many emerging artists. Now, UNIFI Music is building an AI-driven intelligent platform for that. Superstar music careers frequently start... Read More...
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FanCircles, a self-described “pioneering SaaS superfan platform,” has announced a $2 million raise and set its sights on adding new features. The UK-based superfan business just recently announced that multi... Read More...
DMN Pro Exclusive

Is Warner Music Really Achieving ‘Strong Subscription Streaming Growth’? We Crunched the Numbers to Find Out

Paul Resnikoff
August 28, 2024
For Universal Music Group and Warner Music Group, calendar Q2 2024 was a tale of two earnings reports — and streaming forecasts. While UMG acknowledged a subscription-growth slowdown, the Robert Kyncl-led WMG... Read More...
DMN Pro Exclusive
10 Particularly Important Music Industry Lawsuits to Watch

The Music Industry Is Bursting With Litigation — Here Are 10 Particularly Game-Changing Lawsuits to Watch

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July 17, 2024
From infringement complaints against generative AI developers to unpaid royalty actions targeting streaming platforms, the music industry certainly isn't lacking high-stakes litigation. Here are ten particula... Read More...

HITKOR Is Reshaping Live Performances With a ‘Boutique, High-End, and Groundbreaking’ Broadcasting Model 

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HITKOR is all about the fan experience — with an important twist. The company delivers high-end live-streaming capabilities from a well-appointed studio to artists, labels, and a global customer base. At its ... Read More...
$100 bill illustration (photo: PublicDomainPictures)

Music Industry Funding Approaches $1.3 Billion In 2024 — But That’s Still Way Behind Q1 2023 Levels

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April 2, 2024
Nearly $1.3 billion has been plowed into music-focused companies so far this year, according to details tracked and compiled by DMN Pro's Music Industry Funding Tracker. But that's tame compared to explosive ... Read More...
DMN Pro Exclusive

Life After TikTok: What Does a Ban Mean for the Music Industry?

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March 20, 2024
TikTok is facing its greatest regulatory threat to date in the U.S., where lawmakers are rallying behind forced-sale legislation. TikTok says this would effectively amount to a ban in the app’s biggest market... Read More...

Video-Focused Licensing Startup WavMaker Officially Launches, Reveals $5 Million Seed Raise

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March 20, 2024
WavMaker, a music licensing startup geared towards video creators, has officially launched and announced $5 million in seed funding. Tennessee-based WavMaker reached out with word of its formal debut and mul... Read More...
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