Alibaba has bought a $700m stake in giant music streamer Netease

NetEase is quickly becoming one of the world’s biggest players in world music streaming as Alibaba join their stakeholders. China’s internet company boom has seen a lot of massive global players emerge. One of the…

Up to 50% of major label Universal Music Group is for sale

The biggest music label in the world has up to half of it’s stakes up for sale presenting a major opportunity for investors. Vivendi have just appointed banks who will manage the sale of up…

Tencent’s stock soars making it’s co-presidents billionaires

Tencent’s entry onto the New York Stock Exchange has been up and down but last weeks boost puts them in a great position. Last month Tencent Music Entertainment made their entry on to the New…

Napster are now 84% majority owned by RealNetworks

Napster have re-positioned themselves since the name relaunched 3 years ago and now RealNetworks are investing big in their music services. RealNetworks have doubled their stake in Rhapsody International, making them a majority owner of…

Tencent Music’s IPO looms and they are being sued by an investor

China’s biggest streaming service are finally gearing up for their long-awaited IPO this week, but one of their investors are unhappy with the media giants and taking legal action. Tencent Music Entertainment have been discussing…

Pirate Studios are taking the middle man out of recording

Pirate Studios want to make professional recording studios accessible at all times on your own terms and they have just gained $20 million in funding to help make it happen. When you’ve written your tracks,…

NetEase just raised a dollar for each of their 600 million listeners

NetEase have a LOT of listeners streaming music on their services and they’ve just gained a LOT of funding to help to expand and grow their user-base. NetEase Cloud Music is the Chinese music streaming…

Sing your heart out as Smule gets bigger with $20m investment

Smule’s founder once said that “music was the original social network” and with major new funding they’re making music more social around the world. Smule started with a humble mission, to draw people in with…

An anonymous donor just gave KEXP radio $10 million after dying

KEXP radio station just received what is thought to be the largest legacy donation to one station in public radio history. An anonymous donor has just bequeathed the largest donation to an individual radio station,…

Saavn and Jiomusic join together to become India’s top dog for music

As Spotify prepare to start streaming in India the country’s biggest native music services have joined forces in a massive deal. Saavn have just announced a major partnership with rival music service JioMusic that puts…