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Reservoir Plans Up to $100 Million Offering to Cover Acquisitions, Pay Down Debt, and More

April 30, 2024

Reservoir Media (NASDAQ: RSVR) is officially plotting an up to $100 million offering designed to bankroll further acquisitions, pay down debt, and more. New York City-based Reservoir just recently disclosed... Read More...

Believe Privatization Plan Moves Forward With €15-Per-Share Tender Offer — Up to $494 Million in Stock Purchases

Dylan Smith

April 26, 2024

After closing deals to acquire Believe shares (BLV on the Euronext Paris) representing over 70 percent of the company’s voting rights, an EQT-led consortium has laid out a tender offer for remaining investors... Read More...

Blackstone ‘Strongly Advises’ Hipgnosis Investors ‘To Take No Action’ on Concord’s Offer — As Concord Moves to Purchase Shares Directly

Dylan Smith

April 25, 2024

Yesterday, Concord increased its bid for Hipgnosis Songs Fund (HSF) by nearly eight percent, topping Blackstone's previous offer. Now, the latter entity, which holds a majority stake in Hipgnosis Song Managem... Read More...

Spotify Stock (NYSE: SPOT) Returns to Earth Following Post-Earnings Surge — But Where Will Shares Go from Here?

Dylan Smith

April 24, 2024

Yesterday, Spotify stock (NYSE: SPOT) shot up to a 52-week high of almost $320 per share after the streaming platform unveiled seemingly strong Q1 2024 earnings. Now, SPOT has come back down to Earth, slippin... Read More...

Hipgnosis Stock Jumps 30.5% Following Concord Buyout Proposal — Board Chair Encourages ‘An Orderly Termination of the Investment Advisory Agreement’

Dylan Smith

April 18, 2024

Hipgnosis Songs Fund (HSF) shares surged by more than 30 percent following the announcement of Concord’s $1.4 billion all-cash buyout offer. We covered that offer, already approved by the companies’ respecti... Read More...

StubHub Working on $16.5 Billion+ IPO — Potentially by Summer

Ashley King

April 15, 2024

A new report suggests ticket seller StubHub is looking to make an initial public offering (IPO) this summer, valued at $16.5 billion. That valuation is based on StubHub’s last round of private funding in 202... Read More...

Hipgnosis Songs Fund promotes Cindy Rampersaud to Senior Independent Director

Hipgnosis Bumps Cindy Rampersaud to Senior Independent Director

Ashley King

April 15, 2024

Hipgnosis Songs Fund has promoted Cindy Rampersaud to Senior Independent Director as of April 12. Rampersaud has served on the music royalty investor’s board as a non-executive director since August 2023. Th... Read More...

Believe Ad-Hoc Board Committee Provides Updated Privatization Offer Timetable Following Warner Music Withdrawal

Dylan Smith

April 11, 2024

Days after Warner Music Group (WMG) announced that it wouldn’t submit a bid for Believe after all, the French music company’s directors have provided an update on the Denis Ladegaillerie-led consortium’s priv... Read More...

DMN Pro Exclusive

Spotify Price Increases Are Coming: But What Do They Mean for Labels, Publishers, Artists, and Spotify Itself?

Paul Resnikoff

April 10, 2024

Wall Street’s positive response to reports of additional Spotify price increases pushed shares to a 52-week high. But what would larger monthly costs mean for the platform, labels, artists, and the wider industry?

Spotify Stock (NYSE: SPOT) Holds Strong Around 52-Week High — Shares Are Up 64% Since 2024’s Start

Dylan Smith

April 8, 2024

Last week, following reports of further price increases and the announcement of a new CFO, Spotify stock (NYSE: SPOT) touched a 52-week high. Now, on the heels of the developments, SPOT isn't giving up any of... Read More...

Spotify Stock Touches 52-Week High Following Price-Increase Reports — New CFO Officially Announced

Dylan Smith

April 4, 2024

Spotify stock (NYSE: SPOT) has experienced a double-digit valuation spike – which elevated shares to a 52-week high – after reports pointed to plans for further price increases. When trading kicked off this ... 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

Paul Resnikoff

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...

SRR Capital Launches With a VC-Style Approach to Music Investing

What Is Attribution?

So Busy With "The Quiet Time..."

Netflix Won the Streaming Wars. YouTube Changed the Rules.

Indonesia: One of the World’s Most Promising Digital Music Markets

What Politicians Could Learn from the Music Business: A Midterm Election Primer

Netflix Won the Streaming Wars. YouTube Changed the Rules.

Music Collab Platform Chaos Secures $1.4 Million in Startup Capital, With Amuse Among the Backers

Live Marketing Platform Hive Secures $27 Million Investment

The Supreme Court Just Threw a Wrench Into The Music Industry’s Copyright Cash Machine

DJ Reinier Zonneveld Raises a $1 Million Pre-Seed for GasLab, a GenAI Music App That Actually Prioritizes Paying Musicians

Reservoir Plans Up to $100 Million Offering to Cover Acquisitions, Pay Down Debt, and More

Believe Privatization Plan Moves Forward With €15-Per-Share Tender Offer — Up to $494 Million in Stock Purchases

Blackstone ‘Strongly Advises’ Hipgnosis Investors ‘To Take No Action’ on Concord’s Offer — As Concord Moves to Purchase Shares Directly

Spotify Stock (NYSE: SPOT) Returns to Earth Following Post-Earnings Surge — But Where Will Shares Go from Here?

Hipgnosis Stock Jumps 30.5% Following Concord Buyout Proposal — Board Chair Encourages ‘An Orderly Termination of the Investment Advisory Agreement’

StubHub Working on $16.5 Billion+ IPO — Potentially by Summer

Hipgnosis Bumps Cindy Rampersaud to Senior Independent Director

Believe Ad-Hoc Board Committee Provides Updated Privatization Offer Timetable Following Warner Music Withdrawal

Spotify Price Increases Are Coming: But What Do They Mean for Labels, Publishers, Artists, and Spotify Itself?

Spotify Stock (NYSE: SPOT) Holds Strong Around 52-Week High — Shares Are Up 64% Since 2024’s Start

Spotify Stock Touches 52-Week High Following Price-Increase Reports — New CFO Officially Announced

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