Spotify investment in podcast and audio exceeds $1.2 billion – Music Industry

Symphonic Distribution buys marketing agency Streaming Promotions Music Industry

According to the calculations of MBW, Spotify it has spent $1.26 billion on company acquisitions, focused on strengthening the platform’s audio and podcast capabilities. This figure does not include estimated spending on talent and content contracts with celebrities such as Joe Rogan, Barack and Michelle Obama, Prince Harry and Meghan Markle and Call Her Daddywhich … Read more

Musixmatch receives strategic investment from TPG Growth – Music Industry

Musixmatch receives strategic investment from TPG Growth Music Industry

The provider of music lyrics musixmatch has secured a strategic investment of TPG Growthdescribed as “the middle market and growth capital platform” from asset management firm, TPG. Founded in San Francisco in 1992, TPG it has $120 billion in assets under management and invests in what it calls “five multi-product platforms,” ​​including equity, growth, impact, … Read more