February, 2025

un:hurd, valued at $11.8M, opens crowdfunding campaign after seven-figure funding round
The platform's community of 185,000 artists and labels will be able to buy into the company for as little as £15 ($19.68). Source...

Thomas Coesfeld to become CEO and Chairman of BMG’s parent, Bertelsmann
Move leaves question mark over who will take over as boss of BMG when Coesfeld is promoted in 2027 Source...

GoDigital Music acquires DIY distributor Octiive, forms European HQ in Zurich
Octiive has served more than 20,000 artists and over 3,000 labels since its launch Source...

Songscription raises $5M in funding as ‘Shazam for sheet music’ platform reaches 150K users
The platform currently supports piano, violin, flute, guitar, bass guitar, and trumpet, with plans to add more instruments. Source...

Welcome to Spotify Supremium: Higher-priced ‘Platinum’ subscription tier arrives in India, Indonesia, Saudi Arabia, South Africa, and UAE
In India, Spotify's new 'Premium Platinum' tier is more than twice the price of today's 'Individual' tier Source...

Radio streamer TuneIn acquired by Canadian media firm Stingray for $175m
The transaction value is based on TuneIn’s projected sales of $110 million and adjusted EBITDA of $30 million for the 12 months ending December 31. Source...

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