Investment fund EQT takes 40% stake in Epidemic Sound

Swedish alternative-investments firm EQT has taken a 40% stake in production-music company Epidemic Sound, whose CEO Oscar Höglund we interviewed earlier this week about this summer’s ‘fake artists’ controversy. The investment also sees VC firm Creandum upping its stake in Epidemic Sound to 20%, although the actual investment amounts and valuation have not been announced. […]

Epidemic Sound gives its side of the Spotify ‘fake artists’ controversy

“We were on our summer break, because we’re Swedes and nobody works for two months in July and August. But that’s when the whole fake-artists thing hit, so we were surprised, but mostly offended. Granted, we hadn’t been telling the story that much, but there was nothing fake about this…” The summer of 2017 is […]

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