7digital needs £4.5 million before next month or faces administration

7digital’s future is on the line as it needs to raise a load of additional funds as July approaches on the brink of administration. B2B music service 7digital is on a shaky precipice that requires…

Sofar Sounds raise $25m, but will artists see any of that?

Sofar Sounds are bringing unique, intimate gigs to people’s living rooms and other mysterious locations – but are they for the artists, the audience, or themselves? Sofar Sounds aren’t just a live sessions producer, nor…

NetEase just raised a dollar for each of their 600 million listeners

NetEase have a LOT of listeners streaming music on their services and they’ve just gained a LOT of funding to help to expand and grow their user-base. NetEase Cloud Music is the Chinese music streaming…

iHeartMedia have filed for bankruptcy to clear $20bn in debt

After weeks of uncertainty iHeartMedia are moving to resolve their massive debt by filing for bankruptcy. The past few weeks have been a tumultuous time for iHeartMedia Inc, owners of highly successful radio streaming platform…

Find the cheapest concert tickets with TickX

Finding the best ticket prices is going to get a lot easier with TickX who’s new funding will help them spread across Europe. British company TickX have built a business on letting concert-goers in the…

Tencent bet big on India’s Gaana streaming service with $115m investment

Indian based music streamers Gaana have a bunch of new funds to play with as their competition with Apple, Amazon and others builds. The new funding, a total of US$115 million, comes from Chinese internet…

DJ software & tech creators Native Instruments raised $50m+ in new funding

A household name for many music producers and DJs, Native Instruments have just received loads of new funds from a round of funding. DJ-tech makers Native Instruments, famous for¬†their Maschine controllers, Kontrol keyboards and Komplete…

Dubset raise $4 million to license remixes for distribution

Dubset just received a giant injection of cash from a funding round that will help them license and distribute unofficial remixes and help all artists get paid. In a round of Series A funding led…