More than Joe Rogan: Inside Spotify’s audio revolution
“Velocity’ of its audio growth “key to its long-term success’ Read More …
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Spotify debuts a ‘Netflix Hub’ featuring music and podcasts tied to Netflix shows and movies
Looking for the soundtrack from your favorite Netflix show? Now, it will be easier to find thanks to an expanded partnership between Netflix and Spotify. The streaming music service today introduced a new “Netflix Hub” on its app, which will offer a centralized place for finding the official soundtracks, playlists and podcasts for top shows Read More …
‘No Time to Die’ May Be the Year’s Highest-Grossing Hollywood Movie, But It Could Still Lose Millions
Over the weekend, “No Time to Die” eclipsed $730 million in global ticket sales, making the James Bond sequel both the year’s highest-grossing Hollywood film and the top performing film since COVID-19 appeared. However, the movie cost more than $250 million to produce, at least $100 million to promote and tens of millions more to postpone Read More …
Sony Music buys $100m of shares in NetEase’s music service
Chinese technology giant NetEase Inc. has confirmed that its subsidiary Cloud Village – which operates music streaming service NetEase Cloud Music – will list on the Main Board of the Hong Kong Stock Exchange on December 2 under the symbol “9899.HK.” A pre-IPO prospectus reveals three “cornerstone investors” are backing Cloud Village’s listing: current parent company NetEase, Orbis Read More …
Synchtank raises $5.8m in Series A funding round led by Octopus Ventures
The round was led by Octopus Ventures, with participation from existing management and shareholders. Synchtank’s latest investment round follows a total of $750,000 seed funding from management, shareholders, and Juno Capital Partners in 2020, bringing the total raised in the past year to $6.6 million. Source: Synchtank raises $5.8m in Series A funding round led by Read More …