Who Says Major Labels Own Radio? Kobalt’s AWAL Acquires in2une

Kobalt CEO Willard Ahdritz loves to take shots at major labels.  Now, he’s hitting them where it really hurts. Once upon a time, the major recording labels owned the promotional pipeline to big radio.  They used that pipeline to pump their roster…

Live Nation Acquires Hip-Hop Concert Promoter ScoreMore

Music giant, Live Nation, acquires majority stake in Austin-based concert promoter and festival producer, ScoreMore Shows. ScoreMore was co-founded by Sacha Stone Guttfreund and Claire Bogle in 2010, when Stone was still attending University of Texas. …

Universal Music Australia Officially Extends Its Optus Partnership

Universal Music Australia and Optus have extended their strategic partnership. Optus, officially known as Singtel Optus Pty Limited, is the second largest telecommunications company in Australia.  It’s been a wholly-owned subsidiary of Singapore-…

Spotify Is About to Receive a Giant Gift from Congress. Which Might Explain Their Latest Acquisition.

The Music Modernization Act (MMA) will forgive Spotify for years of bad behavior.  Ahead of its passage, the company is already moving forward with some post-MMA acquisition plans. Spotify’s ‘non-IPO’ came with a lot of complex p…

Layoffs Expected as Concord Completes Acquisition of Razor & Tie

Multiple Razor & Tie employees are preparing for layoffs. Concord Bicycle Music has confirmed that it has completely acquired Razor & Tie Records. The deal first started in 2015 after Concord Bicycle made a significant investment in the rock-he…

Will.i.am-owned i.am+ Purchases Bluetooth Earbud Maker Earin

Will.i.am’s i.am+ acquires bluetooth earbud maker Earin.  Because, they have a lot of money and they wanted to. William Adams —aka will.i.am — is the Black Eyed Peas frontman turned tech entrepreneur.  He’s the founder of the i.am.angel fou…

Breaking: Apple Buying Shazam In $400 Million Fire-Sale, Sources Say

Apple is rumored to be acquiring Shazam in a $400 million bargain.  Here’s what we know so far. Apple is reportedly acquiring Shazam in a fire-sale deal, according to details breaking Friday afternoon.  According to TechCrunch, the acquisition is…