Tencent’s music arm will try IPO in US

Tencent Music coming to US headphones soon China-based tech firm Tencent announced that it will sell shares of its subsidiary Tencent Music on the US stock exchange. Tencent did not deliver any other information in its announcement, such as timing or how much its initial public offering will be. However, recent reports show that moving […]
  • Ben Norman
  • July 11, 2018
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Best Buy will no longer sell CDs

Best Buy pushes pause on CDs Best Buy announced over the weekend that it will no longer sell music Compact Disks (commonly referred to as CDs) in its stores starting July 1. US CD sales dropped 18.5% in 2017, and according to USA Today, entertainment sales for Best Buy alone dropped 14%. Indeed, some experts […]
  • Ben Norman
  • July 3, 2018
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Sony acquires EMI Music Publishing for $2.3 billion

There’s a new music publishing leader in town EMI Music Publishing owns the rights to over 2 million songs, including works by Kanye West, Alicia Keys, Queen, and Pharrell Williams. Sony’s own catalog already includes 2.3 million tracks, including work by the Beatles. This $2.3 billion acquisition will bump their portfolio up to 4.5 million […]
  • Ben Norman
  • May 23, 2018
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SEC filing shows anomaly in Spotify’s data report, are Users Abusing the System?

Users have found a way to overcome Spotify advertisements without paying. SEC filing shows 2 million users unaccounted for.  While Youtube has recently revealed its reason for inserting an abundance of advertisements that interrupt music videos, they are not the first music streaming service to do so. Youtube, in an effort to promote its new […]
  • Crystal Ng
  • March 29, 2018
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Investors bail-out SoundCloud in emergency investment round

Struggling music service SoundCloud just completed a $169.5 million emergency Series F funding round, TechCrunch reports. New York investment bank Raine Group and Singapore’s sovereign wealth fund Temasek led the round, which Tech Crunch called a “do-or-die moment” for SoundCloud. Soundcloud’s investors approved the financing round on Friday morning, just ahead of the deadline. Last […]
  • William Van-Lear Black
  • August 11, 2017
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Spotify-Backed Music Startup Raised $22 Million For Expansion

Stockholm-based startup Soundtrack Your Brand has raised $22 million in funding for global expansion and tech build-up. The company, started by an ex-Spotify executive and a co-founder of Beats, has already seen significant growth on its aim to provide music streaming services to businesses. The company’s client list includes McDonald’s, TAG Heuer, and Toni & […]
  • Anahit Moumjian
  • February 19, 2017
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SoundCloud Co-Founder Steps Into New Role

Artem Fishman, former Yahoo Vice President of Engineering has been hired as Chief Technology Officer and Senior Vice President of the music streaming service SoundCloud. Eric Wahlforss (pictured in featured image), co-founder of SoundCloud, is now the Chief Product Officer, a newly-created role. This role has Wahlforss running point on strategy and initiatives on products […]
  • Anahit Moumjian
  • January 14, 2017
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Aspire Heads to NYC; Creativity, Achievements and Education to be Highlighted

Whether it be food, business, or fashion New York City has well-earned it reputation as the greatest city in the world. New York City is also known for its diverse creativity. In February, it hosts an event that will hopefully bring inspiration to artist over the world. The event is called the ASPIRE FESTIVAL. ASP FEST, […]
  • Sharnita Sanders
  • November 9, 2016
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Taylor Swift is Not a Fan of ‘Apple Music’ and They Listened

Apple Inc. just announced that its new music stream, Apple Music, will launch next week. Many wait in anticipation, but not all are happy as multi-platinum selling recording artist Taylor Swift chooses to opt her music out of the service. Swift is known for opting out of music streaming services in the past. She delayed […]
  • Priscilla Manzo​
  • June 23, 2015
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