AI-Powered Music-Separation Startup Audioshake Raises $2 Million

Audioshake debuted its “on-demand A.I. platform” in July of this year, and the service deconstructs “songs into their parts (called ‘stems’) so that they can be monetized for new uses in re-mixes, samples, sync licensing, and more,” the company’s announcement message relays. Since this platform’s rollout, Audioshake says that it’s secured clients including the major Read More …

Indie Artists Are Spread Too Thin — HUDL Music Is Fixing That

From marketing to distribution and royalty management to sync – not to mention creating and performing live – there’s a tremendous amount for independent artists to handle in the modern music industry. Now, free music promotion service HUDL Music is building a consolidated platform designed to help indie acts save time and set themselves up for success. Read More …

Kobalt Sells Fund II, With Songs by the Weeknd, Lorde, to KKR Venture for $1.1 Billion

As expected, the global investment firm KKR and Kobalt Capital Limited have announced that KKR, together with its co-invest partner, Dundee Partners, the investment office of the Hendel family, have purchased the KMR Music Royalties II portfolio from KCL for approximately $1.1 billion. Source: Kobalt Sells Fund II, With Songs by the Weeknd, Lorde and More, to Read More …