Music Industry Funding More Than Doubled In 2023 — But Why All the Optimism?

Despite the beginnings of a potentially serious correction in music IP valuations, music industry funding in 2023 added up to more than twice the amount poured into music in 2022. It’s raining investments and funding for all things music — whether it’s music AI, live show ticketing platforms, catalog financing, or creator collaboration tools. But what’s really driving the gains, and how long will this party last?

In 2023, music tech startups and companies collectively fattened their coffers with almost $10 billion in funding, according to tracking compiled by Digital Music News. Compared to. . .


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