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…

Techstars music startup accelerator gets backing from Sony, Warner and Sonos

Techstar have launched a music accelerator to help startups build their business and now have support from 2 of the world’s major record labels. There are a selection of initiatives to help get new music…

Spotify could be buying SoundCloud

Recent reports are suggesting that massively popular music streaming service Spotify are in advanced talks to buy the community-driven music platform SoundCloud. Following news of Spotify’s recent phenomenal growth, gaining 10 million subscribers in just 6…

SpinMedia sale leaves uncertain future for Stereogum, Spin, Vibe and others

SpinMedia, previously Buzz Media, have finally stopped struggling to stay afloat – because they’re for sale. SpinMedia are the company behind a large collection of music and celeb websites, such a large collection in fact…

CÜR Media lay off all staff on the brink of bankruptcy

CÜR Media is close to bankruptcy after raising over $13 million to launch a music streaming service for “the casual listener”. The CÜR Media offices are looking bare as the company has had to lay off…

Omnifone’s technology and assets to be sold to mystery company for $10 million

After a series of losses Omnifone, the digital B2B company that’s currently in administration, have accepted a sale of assets for $10 million to an unrevealed US company. Omnifone have built their business by providing…