Snapchat acquires social music creation and short-video sharing app Voisey

According to a recent filing, Snapchat may be taking more steps into the music industry and potentially build yet another TikTok competitor. Picked up by Business Insider, Voisey’s filing on Companies House changed their registered…

Scooter Braun sells the masters of Taylor Swift’s albums for over $300m

After purchasing Big Machine Label Group, including Taylor Swift’s masters, Scooter Braun sells these on just 18 months later. Scooter Braun purchased Big Machine Label Group in June last year for around $330m, this acquisition…

Apple, Sony and two other companies are reportedly in talks with acquiring podcast network Wondery

Apple, Sony and two other unidentified companies are rumoured to be in talks with podcast network Wondery for an acquisition worth $300-400 million. The two other companies reportedly don’t include Spotify. US-based company Wondery are…

MelodyVR report an operating loss of £10.5m for the first half of 2020

Live music in virtual reality startup and future owner of Napster – MelodyVR report disappointing half-yearly earning results for 2020. MelodyVR recently published their earnings for the first six months of 2020, generating just £189.9k…

LiveXLive to acquire Custom Personalization Solutions as they plan to expand into merchandise

Music streaming and live events platform LiveXLive are to acquire 100% of Illinois-based online merch and gift company Custom Personalization Solutions. LiveXLive are looking to expand into the merch business with their latest acquisition of…

SiriusXM confirm acquisition of podcast platform Stitcher for $325m

After reports last week from the Wall Street Journal, SiriusXM confirm a deal with Stitcher for $25m more than initially expected. Originally owned by Deezer, Stitcher was sold to E.W Scripps in 2016 for $4.5m….

Spotify buying The Ringer podcasts like Bill Simmons, Rewatchables, Ryen Russillo and more

It has come out that Spotify are purchasing The Ringer Podcast Network to add some of the most popular podcasts around to their 700,000+ library. The Ringer Podcast Network is home to some of the…

Official: Tencent, Consortium and Tencent Music Entertainment Acquire 10% of Universal Music Group for $3 billion

It now official. Tencent consortium has officially confirmed they are acquiring 10% of Universal Music Group for over $3 billion. Two other key elements of the deal: (i) the Consortium can, over the next 12…

Guitar hero with lighsabers game, Beat Saber bought by Facebook

Guitar Hero but with lightsabers in virtual reality and you have to dodge and shimmy as you musically strike: now coming to Facebook on Oculus. Facebook have announced that Beat Games will be joining them…

Billboard’s parent company to purchase Nielsen SoundScan

Valence are looking to acquire SoundScan so that Billboards charts and music data are all under one umbrella. Billboard and SoundScan work closely together, with the latter providing music data and analytics to inform the…