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…

SoundCloud just secured it’s biggest funding ever, CEO assures they’re here to stay

After contesting rumours that SoundCloud were on the brink of shutdown CEO Alex Ljung has announced they have just wrapped up their largest round of funding ever. Recent months have seen SoundCloud face rumours of…

It looks like SoundCloud could be selling majority stakes to 2 different firms

Following ongoing rumours that surfacing recently suggesting that SoundCloud is on its way out (which they vehemently deny) 2 firms may be buying a major share. SoundCloud had to let go a decent chunk of…

Pandora gets a $150 million investment as it decides whether to sell

Music streamers Pandora just received a big lump of funding whilst the company themselves mull their future, with a potential sale on the horizon. Pandora Media revealed on Monday that an investment of $150 million…

Jay Z’s company Roc Nation launching a new platform to fund startups

Roc Nation, Jay Z’s multinational entertainment company, are branching beyond their far-reaching entertainment business to invest in building up startup companies. Roc Nation is the giant entertainment company started in 2008 by Jay Z and…

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…

Warner Music Group Looking to Acquire More Companies in 2013-2014

At Warner Music’s last investor call, Deutsche Bank’s Aaron Watts asked WMG chief Stephen Cooper what other opportunities there were in the mergers and acquisitions landscape looking ahead. “We’re actively in the market, looking at…

Spotify Accepts New Venture Capital Funds

Luxembourg’s biggest media star, Spotify has admitted a new investor to the fold, at least according to TechCrunch. Sean Parker was one of the founders of both Napster and Facebook, and would be Spotify’s first…

Band Metrics: Soon To Launch Analytics Tool for Bands Get Angel Funding

There has been a lot of talk recently about music startups. iLike is on the table and looking for a buyers, as is Imeem. A couple months ago Tunecore received more funding and now it…