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Tunedly Pens A Global Administration Deal with Spirit Music Group

6Feb By PriyankaNo Comments

News

Tunedly Pens A Global Administration Deal with Spirit Music Group

New York, Feb 6th, 2021: Tunedly, a spearheading online music production and publishing resource that has supported over 1,000 artists and 5,500 projects internationally since launching in 2015, has inked a global administration deal with Spirit Music Group. Branded as one of the world’s leading independent music publishers, Spirit Music Group is offering Tunedly full music catalog administration within this new partnership, unlocking a new level of growth opportunities for independent songwriters and music creators on a global scale. About Tunedly Tunedly is a musician and music manager owned online music recording studio that has created a reputable foundation for itself within the industry. From 2015 to now, they have and still are, optimally servicing individuals of eve...

Shutterstock acquire AI Music Platform Amper Music

11Nov By AdityaNo Comments

ACQUISITION

Shutterstock acquire AI Music Platform Amper Music

NEW YORK, Nov. 11, 2020-- Shutterstock, a leading licensed photographs platform acquire Amper Music. Amper Music is a leading AI-driven music platform that enables users to create and customize original music by leveraging over one million individual audio samples recorded by musicians on thousands of unique instruments. Shutterstock's acquisition of Amper strengthens its capabilities in artificial intelligence, particularly in content search and discovery of tracks composed by Shutterstock's community of artists as well as editing tools for Shutterstock users. As part of the transaction, Amper's employees will join the Shutterstock team and will bolster Shutterstock's focus on enhancing customer experience through new AI-supported functionalities and tools. "We're delighted...

18Aug By AdityaNo Comments

News

Apple Launched Music Radio Stations

CUPERTINO, Calif., 18th Aug 2020-- Apple launched two new live global radio offerings on Apple Music. The flagship global radio station renamed Apple Music 1, and two additional radio stations will launch known as Apple Music Hits (songs from the ’80s, ’90s, and 2000s), and Apple Music Country, spotlighting country music. Since Apple Music’s launch in 2015, Beats 1 has grown into one of the most-listened-to radio stations in the world, consistently delivering the best in-depth artist interviews, more global exclusives and premieres than anywhere else, and unique programming that produces culture-moving, news-making moments year after year. Throughout its evolution, Beats 1 has established an inherent camaraderie with the artist community and championed human curation and discovery ...

18Apr By NitishNo Comments

FUNDING

Delhi Based GoldSeat Looking to Raise $3mn Funding

Delhi based offline entertainment app GoldSeat looking to raise $3 million funding to expand its operations further in India. Earlier GoldSeat has raised USD 160K worth funding. Founded in 2016, by Nischal Khetarpal & Gaurav Kapahi, GoldSeat has its application running across 250 buses which includes buses of Uttar Pradesh State Road Transport Corporation and also other private players across Northern and Western regions of India The company links all GoldSeat entertainment profile to a device installed in the bus which acts as a server to all the licensed content available for the travelers. The mobile app which is just 3MB in size can be downloaded from either Google Play or App store when the traveler's boards the bus and login using their Facebook id. The company is also i...

Amazon challenges Apple and Spotify with New Music Streaming Service

12Oct By reutersNo Comments

News

Amazon challenges Apple and Spotify with New Music Streaming Service

Amazon.com Inc on Wednesday launched a full-fledged music streaming service with subscriptions as low as $3.99 per month for owners of its Amazon Echo speaker, accelerating the industry trend toward more flexible pricing after years of sticking to $9.99 subscriptions. The new streaming service, called "Amazon Music Unlimited," lets users access a vast catalog of songs on demand, similar to Spotify and Apple Music. Subscriptions to play music on the Echo cost $3.99 per month; for access beyond that device, subscriptions cost $7.99 a month for members of Amazon's Prime shipping and video service and $9.99 for non-members. Amazon will continue to offer Prime members a limited streaming service for free. As it plunges deeper into the crowded streaming field, Amazon is counting on the Ech...

Spotify Raises $1 Billion in Funding: Report

31Mar By PriyankaNo Comments

News

Spotify Raises $1 Billion in Funding: Report

AFP- Music streaming giant Spotify has raised $1 billion (roughly Rs. 6,632 crores) in convertible debt from investors, with strict conditions, the Wall Street Journal reported late Tuesday. Private-equity firm TPG, hedge fund Dragoneer Investment Group and clients of Goldman Sachs are taking part in the deal, the paper said, citing people familiar with the transaction. Convertible debt are bonds that can be exchanged for stock. If Spotify holds a public offering in the next year, TPG and Dragoneer will be able to convert the debt into equity at a 20 percent discount to the listing price, the Journal reported. Spotify will pay annual interest starting at five percent, increasing by one percentage point every six months until the company goes public, or it hits 10 percent, it ad...