Tim Westergren steps down as CEO after 17 years at Pandora

Pandora CEO and one of the streaming service’s founding members Tim Westergren is set to step down from Pandora top-dog soon. According to Recode Tim Westergren has decided to step down from his position as CEO…

Pandora just lost $250m selling Ticketfly event ticketing to Eventbrite but could spell partnership

Shortly following a giant $480 million investment from Sirius XM, Pandora have sold on ticketing company Ticketfly for a massive loss. Ticketfly’s ticketing business has been sold on to Eventbrite, a much larger company cut…

Pandora Radio get a $480 million investment from Sirius XM

Recent rumours come to a close as Sirius XM plugs a massive $480 million into Pandora, quashing suggestions that they were looking to acquire Pandora outright. Recent rumours in the industry had spread word that there…

Brace yourselves: Universal Music Group are discussing an IPO

Universal Music Group are the world’s biggest record label making millions every day, and they might open their shares up to the public. After piracy began killing the music industry in the 2000’s, music streaming…

Pandora gets a $150 million investment as it decides whether to sell

Music streamers Pandora just received a big lump of funding whilst the company themselves mull their future, with a potential sale on the horizon. Pandora Media revealed on Monday that an investment of $150 million…

1-year young live streaming app Live.me receives $60 million investment

Live.me is taking on YouTube, Twitch and more as they receive massive new funding to boost their successful mobile live-streaming app. The one year old startup Live.me has gained a large user base in it’s short…

R&B legend Ne-Yo invest’s in Silicon Valley Coding School with No Upfront Cost’s

This week came a surprising investment from Ne-Yo into a school specialising in coding which will have no upfront cost’s and hope’s to lead the way in modern technological schooling. Ne-Yo made his way to fame in the…

SoundCloud raise $70 million in debt funding following “uncertainty”

SoundCloud have managed to acquire a massive $70 million in loan funding, earlier than their 2015 accounts predicted they would need to raise funds. According to new filings with the Companies House in the UK…

Jay Z’s company Roc Nation launching a new platform to fund startups

Roc Nation, Jay Z’s multinational entertainment company, are branching beyond their far-reaching entertainment business to invest in building up startup companies. Roc Nation is the giant entertainment company started in 2008 by Jay Z and…

Struggling music video service Vadio dies, taking $12 million with it

Promising music video monetization startup Vadio have lost the wind in their sails, crashed and died with millions in funding lost down the drain. Portland-based startup Vadio have had to give up after four years…