SoundCloud reportedly considering $1 billion sale

According to “people familiar with the matter” SoundCloud are considering a sale of their community-driven music streaming platform in a giant $1 billion deal. The news, broken by Bloomberg, reveals that founders and investors of…

Chairman at EMI involved in $3.5 billion scandal invested money in Sony’s EMI buyout

American authorities are currently investigating a scandal in which $3.5 billion of Malaysia’s government sovereign wealth was misappropriated, involving an investor involved in Sony’s buyout of EMI. In 2012 Sony made a deal that put…

Indian music streamer Saavn just got investment from U2 and Madonna’s manager

India’s massively popular music streaming service Saavn just received an investment from music manager, businessman, and overall hotshot Guy Oseary. Saavn have just received an undisclosed investment from major music manager Guy Oseary, in charge…

Twitter just invested $70 million in SoundCloud 2 years after their attempt to buy them

Twitter are investing a giant amount of money into music streaming site SoundCloud, and they just gave them the largest piece. As part of an investment that sources say will total around $100 million, Twitter…

8tracks May Look To You For Investment Opportunities

8tracks reveal they’re looking at crowdfunding for their next round of investment to boost growth and give you the chance to invest in shares. Last month 8tracks sent out an email to users, but it wasn’t…

Samsung Partnering with Music Streaming Service Deezer? New Music Service for Samsung Android Phones?

There have been lots of rumours that Samsung will be partnering and investing in music streaming service Deezer. This would be an amazing move for both Deezer and Samsung. Deezer would see their streaming service…

Vevo Content and Economic Future Might Be In Trouble

It seems like there is a huge amount of Vevo news at the moment. Vevo UK CEO and Commercial Direct resign Vevo demands YouTube cuts their fees Vevo seeking new funding Universal reconsidering their Vevo…

Soundrop Gets Investment for Spotify Genre Based Listening Rooms

Soundrop is the first Spotify App to receive funding. Soundrop has raised $3 million from Northzone (Spotify investor). Soundrop allows Spotify users to listen and discover new music in specific rooms (similar to Turntable.fm). Soundrop…

Charlotte Church Lands £2 Million Record Deal

The not-so-cherubic singer has signed with music investment group Power Amp, a fund that specialises in “providing equitable finance for established artists to record and market new music.” The deal will provide her with the…

Major Label Video Site Vevo Received Investment from Abu Dhabi Media

Universal Music Group, Sony Music, and the other two major labels (who are expected to join Vevo before it launches), plus Google, have found the key investor they have been looking for: Abu Dhabi Media,…