A&R’s data moment: Sodatone acquisition and Instrumental funding

Two separate announcements yesterday highlight the fact that big-data and machine-learning for A&R purposes are enjoying a bit of a moment – after years of being mostly seen as a controversial niche when they cropped up in the on-stage conversations at industry conferences. Music Ally has been to countless panel sessions where A&R veterans scoffed […]

Reliance claims $1bn valuation for Saavn and JioMusic merger

Indian telco Reliance Industries is merging its own music-streaming service JioMusic with independent player Saavn, in a deal that it says values the merged entity at more than $1bn. It’s promising that the resulting business will offer “global reach, cross-border original content, an independent artist marketplace, consolidated data and one of the largest mobile advertising […]

Music-making firm Splice buys remix-contest site Indaba

There is more consolidation afoot in the digital music-making space, following the news earlier this month that BandLab was buying Gibson’s Cakewalk division. Now one of its rivals, Splice, has snapped up veteran remix-contests site Indaba Music for an undisclosed amount. “Over the years, Indaba has connected its community of musicians to over a thousand […]

European Commission to assess Apple’s Shazam acquisition

Apple announced plans to acquire music-recognition firm Shazam in December 2017, but European regulators may yet throw a spoke in the works of the deal. “The European Commission has accepted a request from Austria, France, Iceland, Italy, Norway, Spain and Sweden to assess under the EU Merger Regulation the proposed acquisition of Shazam by Apple,” […]

CD Baby’s parent company buys AdRev and DashGo

The parent company of distributor CD Baby has executed a mini-rollup of B2B services. AVL Digital Group has acquired AudioMicro, which in turn owns YouTube-monetisation tool AdRev and label-services provider DashGo, as well as its own sync-licensing platform. The intention here is to offer AudioMicro’s services as part of CD Baby’s package for artists and […]

Apple has bought an augmented-reality headset startup

Sorry, the rumours about Apple making an AR headset and/or smart glasses are going to keep on coming until the company actually makes one. At least there’s some concrete fact to the latest story: Apple has acquired a startup called Vrvana that was making an AR headset called the Totem. TechCrunch claims that the acquisition […]

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