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…

SoundCloud reportedly considering $1 billion sale

According to “people familiar with the matter” SoundCloud are considering a sale of their community-driven music streaming platform in a giant $1 billion deal. The news, broken by Bloomberg, reveals that founders and investors of…

Chairman at EMI involved in $3.5 billion scandal invested money in Sony’s EMI buyout

American authorities are currently investigating a scandal in which $3.5 billion of Malaysia’s government sovereign wealth was misappropriated, involving an investor involved in Sony’s buyout of EMI. In 2012 Sony made a deal that put…

Indian music streamer Saavn just got investment from U2 and Madonna’s manager

India’s massively popular music streaming service Saavn just received an investment from music manager, businessman, and overall hotshot Guy Oseary. Saavn have just received an undisclosed investment from major music manager Guy Oseary, in charge…

Twitter just invested $70 million in SoundCloud 2 years after their attempt to buy them

Twitter are investing a giant amount of money into music streaming site SoundCloud, and they just gave them the largest piece. As part of an investment that sources say will total around $100 million, Twitter…