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Spotify Reveals Up to $157 Million in Anticipated Layoff-Related Expenses, Updates Q4 Forecast

December 5, 2023

Spotify expects to spend between €130 million and €145 million ($140.38 million and $156.58 million) to cover costs associated with the layoffs it announced yesterday, according to a new regulatory filing. ... Read More...

Spotify Cancels ‘Heavyweight’ and ‘Stolen’ Podcasts Following Massive Layoffs — Stock-Price Surge Continues

Dylan Smith

December 5, 2023

Yesterday, Spotify stock spiked after the streaming company announced plans to lay off 17 percent of its team. Now, amid news of additional cutbacks yet, affecting two podcasts, shares have hit $200 apiece. ... Read More...

Spotify Stock (SPOT) Jumps 7.5% Following Mass Lay-Offs

Ashley King

December 4, 2023

Spotify has announced another round of lay-offs with Wall Street responding positively to the news. The SPOT stock jumped 7.5% today on the news. CEO Daniel Ek announced the lay-offs today, with around 1,500... Read More...

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

Paul Resnikoff

November 27, 2023

Warner Music Group (WMG) stock has enjoyed a rather unspectacular ride in 2023. But a number of analysts are cautiously optimistic, with 'buys' dotting the landscape. For more information on Warner Music Gro... Read More...

Wells Fargo Initiates Coverage on Warner Music and Universal Music — With Dramatically Different Assessments for Each Label

Dylan Smith

November 15, 2023

Wells Fargo has initiated coverage on Warner Music Group (WMG) and Universal Music Group (UMG), and as the investment firm sees it, the major labels are in very different operational positions. This newest ... Read More...

Hipgnosis Suspends Dividends Until At Least April of 2024, Adds Former Round Hill Songs Fund Chairman, Director to Board

Dylan Smith

November 7, 2023

12 days after shareholders voted against its continuation – and nearly three weeks after launching a strategic review – Hipgnosis Songs Fund (HSF) has appointed a new chairman and “determined that it will not... Read More...

TikTok Funder Sequoia Faces Fresh Congressional Scrutiny Over Chinese Investments

Ashley King

October 29, 2023

US investment firm and TikTok funder Sequoia is facing Congressional scrutiny over its investments in China. Silicon Valley-based investment firm Sequoia Capital is facing government scrutiny over its Chines... Read More...

Hipgnosis Shareholders Vote Against $440 Million Catalogs Sale and the Fund’s Continuation — Multiple Board Members Depart

Dylan Smith

October 26, 2023

After months of speculation, Hipgnosis Songs Fund (HSF) has officially held a pair of shareholder meetings, where investors voted overwhelmingly against the entity’s proposed 29-catalog selloff as well as its... Read More...

Music Accelerator TechStars Music Quietly Shutters, Citing ‘Outdated Model’

Ashley King

October 23, 2023

The music accelerator TechStars Music has quietly shuttered, with Managing Director Bob Moczydlowsky citing an ‘outdated model.’ Here’s the latest. Rumblings about the demise of the TechStars Music accelerat... Read More...

Is Merck Mercuriadis Getting Ejected From His Own Song Fund? Speculation Builds Amid Continued Investor Criticism, Stock-Price Woes

Dylan Smith

October 20, 2023

Against the backdrop of ongoing investor criticism, stock-price struggles, and a quick-approaching continuation vote, Hipgnosis Songs Fund (LON: SONG) is reportedly attempting to eject its founder and most wi... Read More...

Hipgnosis Songs Fund Launches ‘Strategic Review,’ Appoints ‘Executive Search Firm’ To Hire New Chairman Ahead of Continuation Vote

Dylan Smith

October 19, 2023

Amid ongoing investor dissatisfaction stemming from the proposed selloff of 29 catalogs, a record-low stock price, and more, Hipgnosis Songs Fund (LON: SONG) has officially launched a “strategic review.” Hi... Read More...

Hipgnosis Stock Touches Record Low Amid Dividend Debacle — Will Investors Vote To Continue the Fund?

Dylan Smith

October 17, 2023

Following the abrupt cancellation of a Hipgnosis Songs Fund (HSF) interim dividend – and as investors prepare to assemble at an annual meeting that will determine the entity’s fate – shares plummeted to a rec... Read More...

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

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Live Marketing Platform Hive Secures $27 Million Investment

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Spotify Reveals Up to $157 Million in Anticipated Layoff-Related Expenses, Updates Q4 Forecast

Spotify Cancels ‘Heavyweight’ and ‘Stolen’ Podcasts Following Massive Layoffs — Stock-Price Surge Continues

Spotify Stock (SPOT) Jumps 7.5% Following Mass Lay-Offs

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

Wells Fargo Initiates Coverage on Warner Music and Universal Music — With Dramatically Different Assessments for Each Label

Hipgnosis Suspends Dividends Until At Least April of 2024, Adds Former Round Hill Songs Fund Chairman, Director to Board

Hipgnosis Shareholders Vote Against $440 Million Catalogs Sale and the Fund’s Continuation — Multiple Board Members Depart

Music Accelerator TechStars Music Quietly Shutters, Citing ‘Outdated Model’

Is Merck Mercuriadis Getting Ejected From His Own Song Fund? Speculation Builds Amid Continued Investor Criticism, Stock-Price Woes

Hipgnosis Songs Fund Launches ‘Strategic Review,’ Appoints ‘Executive Search Firm’ To Hire New Chairman Ahead of Continuation Vote

Hipgnosis Stock Touches Record Low Amid Dividend Debacle — Will Investors Vote To Continue the Fund?