Splice may be developing music making apps

Sample, loop, preset, plugin and DAW project sharing site Splice have recently acquired Superpowered, a company that helps developers build audio functionality into apps. Subscription based service Splice has been a favourite for producers sharing…

Sony invests $400 million in Chinese streaming company Bilibili

Sony Corporation buys $400m stake in Bilibili, a Chinese platform offering mobile games, livestreaming and video/animation. Currently partially owned by Tencent and Alibaba, Sony invested 17.3 million shares in a 4.98% stake in the company,…

7digital secured £500k loan, keeping the company afloat

After a shaky 2019 and recently suffering markets, London-based company 7digital have been handed a lifeline to help them continue operations. The unnamed lender has handed over a £500,000 ($643k) 12 month loan, with interest…

Anghami could be up for sale at a value of up to $400m

One of the biggest names in music streaming for the Middle East right now, Anghami are weighing up their options for the future. Anghami is a major music streaming service based in the Middle East…

Tencent Music set a date for their $30 billion IPO

One of the biggest forces in music business around the world, Tencent Music Entertainment are prepping their monumental IPO and have finally set a date for the event. Tencent Music Entertainment have set the 18th…

China’s biggest music company Tencent is going public on the US Stock Exchange

China’s media giant are looking over the water for a public offering of their music company Tencent Music Entertainment in the US. Tencent have revealed their plans to put their music service Tencent Music Entertainment…

Pandora buy ads company used by rivals Spotify, Deezer, and more

Pandora are expanding their ad tech with the acquisition of AdsWizz, who happen to cater to some of their biggest streaming rivals. Pandora have just revealed the acquisition of digital audio advertisers AdsWizz. The purchase…

Deezer team up with Indonesian tel-co Tri to offer customers music streaming

Deezer have teamed up with Indonesian telephone company Hutchison 3 to offer streaming deals to Tri customers. Deezer have partnered with another telephone company to offer their music streaming service to customers. Their latest partner…

SoundCloud say they’re “not going away” with support from Chance the Rapper, despite recent claims

The past few weeks have been awash with rumours of SoundCloud’s demise due to a lack of funds, but SoundCloud are confident that they are here to stay. SoundCloud have released a statement confidently letting…

Spotify acquires MightyTV to expand personalisation and recommendations

This morning Spotify announced that they had bought content recommendation company MightyTV, bringing in it’s founder and CEO Brian Adams as vice president of technology. Brian Adams and MightyTV will join Spotify after their purchase…