Media +Technology Intelligence
Sweden-born fan funding platform Corite has raised $6.2 million in a private $CO token sale for its blockchain-based sister project, Corite CO. The new platform will allow $CO token holders to participate in blockchain fan funding and promotion, get early access to invest in music projects, in addition to earning rewards for “contributing and participating Read More …
Warner Music Group is planning a future of virtual concerts within the metaverse, announcing today that it has partnered with upcoming Ethereum game The Sandbox to open a music-themed area within the shared online game world. The major label will use its virtual LAND plots in the game to create a space that serves as both a music-centric Read More …
Universal Music Group, Twitch and Amazon Music have announced an expansion of the companies’ agreements. According to the announcement, the agreements will provide customers with enhanced access to some of the world’s most popular music content on Amazon, including live streams, high quality and spatial audio, artist merchandise, and exclusive experiences with UMG’s industry leading roster Read More …
Launched in July 2021, MContent is an eco-system that enables crowd funding of film production and capital-intensive content creators using Cryptocurrency and NFTs. Since July, the platform has now funded 11 prominent film projects across four continents of the World. The company has recently completed its Seed funding round at a valuation of over $10M Read More …
The U.K. competition regulator has formally launched a review of the music streaming business, looking at any possible competition concerns related to the major labels’ dominance of the industry, as well as the integral role that streaming services like Spotify, Apple Music and YouTube play in the booming digital music economy – and how those Read More …