Chinese entertainment company Tencent sign a deal with Thailand company GMM Grammy to cross-promote each other’s content in their respective countries. Tencent Music’s partnership with GMM Grammy hopes to discover and promote musicians from respective…
Sample, loop, preset, plugin and DAW project sharing site Splice have recently acquired Superpowered, a company that helps developers build audio functionality into apps. Subscription based service Splice has been a favourite for producers sharing…
Sony Corporation buys $400m stake in Bilibili, a Chinese platform offering mobile games, livestreaming and video/animation. Currently partially owned by Tencent and Alibaba, Sony invested 17.3 million shares in a 4.98% stake in the company,…
After a shaky 2019 and recently suffering markets, London-based company 7digital have been handed a lifeline to help them continue operations. The unnamed lender has handed over a £500,000 ($643k) 12 month loan, with interest…
One of the biggest names in music streaming for the Middle East right now, Anghami are weighing up their options for the future. Anghami is a major music streaming service based in the Middle East…
One of the biggest forces in music business around the world, Tencent Music Entertainment are prepping their monumental IPO and have finally set a date for the event. Tencent Music Entertainment have set the 18th…
China’s media giant are looking over the water for a public offering of their music company Tencent Music Entertainment in the US. Tencent have revealed their plans to put their music service Tencent Music Entertainment…
Pandora are expanding their ad tech with the acquisition of AdsWizz, who happen to cater to some of their biggest streaming rivals. Pandora have just revealed the acquisition of digital audio advertisers AdsWizz. The purchase…
Deezer have teamed up with Indonesian telephone company Hutchison 3 to offer streaming deals to Tri customers. Deezer have partnered with another telephone company to offer their music streaming service to customers. Their latest partner…
The past few weeks have been awash with rumours of SoundCloud’s demise due to a lack of funds, but SoundCloud are confident that they are here to stay. SoundCloud have released a statement confidently letting…