Tencent Music’s IPO looms and they are being sued by an investor

China’s biggest streaming service are finally gearing up for their long-awaited IPO this week, but one of their investors are unhappy with the media giants and taking legal action. Tencent Music Entertainment have been discussing…

Pirate Studios are taking the middle man out of recording

Pirate Studios want to make professional recording studios accessible at all times on your own terms and they have just gained $20 million in funding to help make it happen. When you’ve written your tracks,…

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…

Apple look to invest in iHeartMedia for Apple Music promo

Apple are looking to put money into iHeartMedia so that they can get broadcast radio promotion for Apple Music and Beats 1. Apple apparently consider themselves an under-recognised brand as a new report claims that…

Sing your heart out as Smule gets bigger with $20m investment

Smule’s founder once said that “music was the original social network” and with major new funding they’re making music more social around the world. Smule started with a humble mission, to draw people in with…

Deezer isn’t trailing behind Apple and Spotify, they’re worth $1.16 billion

Deezer are often overlooked in the shadow of Spotify and Apple Music but they’re holding their own as a significant rival in the race to No.1 for music streaming. Deezer have long been a sturdy…

An anonymous donor just gave KEXP radio $10 million after dying

KEXP radio station just received what is thought to be the largest legacy donation to one station in public radio history. An anonymous donor has just bequeathed the largest donation to an individual radio station,…

Saavn and Jiomusic join together to become India’s top dog for music

As Spotify prepare to start streaming in India the country’s biggest native music services have joined forces in a massive deal. Saavn have just announced a major partnership with rival music service JioMusic that puts…

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…

Spotify planning to list shares on NY Stock Exchange next month, reports say

After rumours of an upcoming IPO for Spotify have circulated for more than a year Spotify are reportedly now taking a new approach. A report from Bloomberg this week suggests that as early as the…