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…

Storytelling through podcasts, that’s Spotify’s new arena

Spotify have purchased Parcast to tell stories through the ever-expanding platform of podcasts on the music streaming giant. Earlier today Spotify announced their acquisition of Parcast; “a premier storytelling-driven podcast studio”. They’ve been making waves…

Ticketmaster purchase Australia’s Moshtix

Ticketmaster have expanded their grip on ticket sales around the world with the purchase of one of Australia’s biggest ticketers. Australian ticketing firm Moshtix is now owned by Live Nation and their subsidiary, ticketing giants…

Shazam ditch ads for uninhibited music discovery

Apple have cleared Shazam’s mobile of it’s adverts for a clean music discovery experience without distractions when you want to find the songs playing around you. Apple completed their acquisition of song recognition and discovery…

Sirius XM’s purchase of Pandora gets approval potentially creating the world’s biggest online music company

Pandora’s music streaming service has now officially been acquired by SiriusXM creating a mega music entertainment company. In September Pandora agreed to a purchase of their services in a $3.5 billion “all-stock transition” by Sirius…

Big new hires will find the best new artists on Apple Music

Apple haven’t acquired a music analytics startup as people thought, but they have taken it’s three founders to help them scout out the best and biggest new music coming out. On Sunday a report came…