Music Industry News

Songtradr Raises $50 Million In Series D Funding Round

Songtradr CEO Paul Wiltshire. Photo Credit: Songtradr Music licensing and distribution platform Songtradr has officially completed a $50 million Series D funding round. The Los Angeles-headquartered sync-licensing company announced the $50 million raise – which follows a $30 million Series C in August of 2020 – via a formal release that was shared with Digital […]

Music Industry News

Vivendi Officially Shaves Off 10% of Universal Music Group to Pershing SPAC — At a $40 Billion-Plus Valuation

Universal Music Group headquarters in Santa Monica, CA. French media conglomerate Vivendi has officially sold a 10% chunk of its prized-plum Universal Music Group to a US-led SPAC. Digital Music News first reported rumblings of the SPAC deal — which values Universal Music Group at north of $40 billion — earlier this month. Now, the […]

Music Industry News

David Guetta Is Selling His Miami Apartment for $14 Million – Bitcoin and Ethereum Accepted

Photo Credit: Emilio Collavino David Guetta has listed his 37th-floor apartment in Miami for a cool $14 million – crypto accepted. French DJ and music producer David Guetta bought the high-rise flat for $9.5 million in 2018. The previous owner was Richard LeFrak, and the unit was bought in an off-market deal. The three-bedroom, three-bathroom […]

Music Industry News

Deezer’s ‘360 Sessions’ Spatial Audio Playlist Kicks Off with Dua Lipa

Photo Credit: Deezer Deezer has launched a new spatial audio playlist dubbed ‘360 Sessions’ with help from Dua Lipa. The new playlist is only available to Deezer HiFi subscribers. It features a 28-track playlist of live performances captured in Sony’s 360 Reality Audio format. It’s spatial audio similar to Dolby Atmos that delivers an entire […]

Music Industry News

Apple Music Is Expanding Lossless Audio and Dolby Atmos Support to India

Photo Credit: Apple Music Apple Music is bringing support for lossless audio and spatial audio through Dolby Atmos support to India. During the WWDC 2021 keynote, Apple confirmed these new technologies would launch that day. However, Apple Music subscribers in India have been waiting for the feature since it was announced. According to the Apple […]

Music Industry News

Government Report Identifies Multiple “Missed Opportunities for Detecting and Stopping” Manchester Arena Bombing

The Manchester Arena. A newly released government report about the 2017 Manchester Arena bombing has identified multiple “missed opportunities for detecting and stopping” the act of terrorism, which claimed 22 lives and caused hundreds of injuries. Inquiry chairman John Saunders, who in 2018 was appointed coroner for the inquests stemming from the terrorist attack, detailed […]

Music Industry News

Is Tomorrowland 2021 Canceled? Organizers ‘Exploring All Possible Options’ After Abrupt Shutdown Order

Photo Credit: Tomorrowland Though the Belgian government has given the green light to Tomorrowland 2021 and other crowd-based events scheduled for mid-August or later, local government officials recently claimed that the event “cannot take place” in their town. Now, organizers are “exploring all possible options” in an effort to prevent a cancellation for the second […]