Business

Create Music Group acquires UK dance label Cr2

Los Angeles-based Create Music Group (CMG), which was valued at $1 billion last year following a $165 million investment round, has acquired again.The company revealed today ( December 18)...

Billboard just made ‘free’ streams worth more on its US charts. YouTube is still not happy – and is pulling its data.

YouTube says it will soon stop providing data to Billboard for inclusion in the US charts, ending a partnership that has lasted more...

Exclusive: Ankar, which uses AI to streamline patent filing, secures $20 million Series A funding

Two former Palantir employees hoping to use AI to transform the process for filing and managing patents have secured $20 million in investment...

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Normally it’s terrible for stock traders when giant tech companies’ shares fall dramatically. Everyone knows that the S&P 500 is dominated by tech...

The Weeknd closes $1 billion catalog deal with Lyric Capital (report)

The Weeknd has closed a deal with Lyric Capital Group that brings outside investment into his music catalog while keeping the artist and...

Nicotine pouches can be a better alternative to cigarettes says CEO

Smoking is one of the clearest public-health failures of our time. More than 500,000 Americans still die each year from smoking-related illnesses, and...

Rostrum Pacific secures $150m from Crayhill Capital to ‘accelerate’ music catalog acquisition strategy

Rostrum Pacific, the parent company of indie label Rostrum Records, has secured $150 million in financing to grow its music catalog.Rostrum said on...

Jay-Z’s MarcyPen Capital eyes $500m Korean culture investment fund in partnership with Hanwha Asset Management

Jay-Z’s MarcyPen Capital Partners has signed a memorandum of understanding with South Korea’s Hanwha Asset Management to launch a $500 million “K-culture” investment...

Apple CEO Tim Cook out-earns the average American’s salary in just 7 hours—to put that into context, he could buy a new $439,000 home...

While Americans are monitoring their grocery budgets and delaying major life purchases, their employers are being awarded record-breaking salaries. Some of the highest-paid...

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