Spotify ramp up their audiobooks catalog and production acquiring Findaway

Spotify take their biggest step yet into audiobooks, with the acquisition of digital audiobook distribution company Findaway.

Fender acquires PreSonus as they continue to integrate software into their iconic hardware

The renowned guitar, bass and amplifier manufacturer Fender has bought PreSonus, the professional studio recording gear and software company.

Sony Music complete their acquisition of AWAL for $430m, as UK body CMA investigate the deal

Sony Music have completed their purchase of Kobalt’s AWAL and Kobalt Neighbouring Rights for $430 million.

Square’s 80% stake in Jay-Z’s TIDAL has been finalized for $302 million

Sqaure’s majority stake along with the artist co-owners’ 20% stake, value the music streaming service at around $377.5 million.

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….