Month: November 2021

Tracklib Announces Completion of $2.2 Million Funding Round

Music-Software Developer Synchtank Announces $5.8 Million Series A

Digital Music News / 3 minutes of reading

Music and entertainment rights-management and royalty-accounting platform Synchtank has announced the completion of a $5.8 million Series A. London-headquartered Synchtank, which raised $650,000 in seed funding around the time of its 20 debut, unveiled the multimillion-dollar Series A via a formal release that was emailed to DMN. Octopus Ventures (which is also based in London) …

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Why Ketamine Clinics Owe Legal Pot a Nod

Why Ketamine Clinics Owe Legal Pot a Nod

Phoenix New Times / 4 minutes of reading

It was only a matter of time, says Scott Raikkonen, before people started talking about marijuana as a gateway drug. Again. This time, though, it’s a good thing. Because instead of scaredy-cat church ladies and propagandist filmmakers warning us that a little reefer will lead to heroin addiction and personal ruin, it’s doctors and pharmaceutical …

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Believe Acquires Majority Stake In South Indian Label Think Music

Believe Acquires Majority Stake In South Indian Label Think Music

Digital Music News / 3 minutes of reading

A little over three weeks after fronting $4 million for a 25 percent interest in indie label (and TF Group subsidiary) Play Two, Believe has purchased Think Music, “a leader in South India film soundtracks.” The Paris-headquartered indie distributor and label Believe unveiled this latest acquisition today, via a formal release that was emailed to …

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Waymo Fleets Are Zooming Around Central Phoenix on a Mission

Waymo Fleets Are Zooming Around Central Phoenix on a Mission

Phoenix New Times / 3 minutes of reading

We’ve all seen them. These robot cars, with their strange, twirling appendages. They’re here, there, and seemingly everywhere these days. It’s like War of the Worlds without the creepy genocidal Martians inside. Invasion of the robots. Rest easy. They are just Waymos. Way mo’ of them than before. But this is not a radio hoax. …

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NetEase Preps $450MM Streaming-Service IPO As Sony Invests $00MM

NetEase Preps $450MM Streaming-Service IPO As Sony Invests $00MM

Digital Music News / 3 minutes of reading

Over the summer, Tencent competitor NetEase (NASDAQ: NTES) revealed plans to spin off its Cloud Village streaming service in a $ billion Hong Kong IPO. Now, despite some signs that the stock-market debut would be shelved, the conglomerate is moving forward with a roughly $450 million offering, which has drawn a $00 million investment from …

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The Reverend Horton Heat's Jim Heath Talks NFTs, Their Rhythm Room Show, and the Upcoming Album

The Reverend Horton Heat’s Jim Heath Talks NFTs, Their Rhythm Room Show, and the Upcoming Album

Phoenix New Times / 5 minutes of reading

Telling Jim Heath he can’t tour is like telling a kid that Christmas is canceled. But Heath, founder and leader of psychobilly-rockabilly-surf trio The Reverend Horton Heat, had to store the tour bus in the garage due to the spread of COVID-19 and the shutdown of live music. But Heath has been around the music …

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Edge Investments Raises $3MM to Back 'Early-Stage' Creative Startups

Edge Investments Raises $3MM to Back ‘Early-Stage’ Creative Startups

Digital Music News / 3 minutes of reading

Edge Investments has officially raised about $3.39 million (of a roughly $33 million target) for its second venture fund, and higher-ups intend to put the multimillion-dollar tranche towards “early-stage” creative businesses. Multiple regional outlets just recently reported on the £85 million ($3.39 million at the present exchange rate) first-close raise that London-based Edge Investments has …

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Hanukkah Restaurant Deals in the Valley 2021

Hanukkah Restaurant Deals in the Valley 2021

Phoenix New Times / 3 minutes of reading

The eight-night festival commemorating Hanukkah begins on Sunday, November 28 and continues through Monday, December 6. Along with lighting candles every night, food is a part of the holiday and many Phoenix area restaurants are showcasing traditional foods like latkes, sufganiyot, brisket, and matzo ball soup. Check out these Valley restaurants are offering dine-in, to-go, and …

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Brennan Bill Proposes Sweeping Compensation Changes for UK Creators

Brennan Bill Proposes Sweeping Compensation Changes for UK Creators

Digital Music News / 4 minutes of reading

Weeks after Universal Music CEO Lucian Grainge’s reportedly $20 million salary made headlines – and a little over a month after a competition watchdog announced a formal “probe into music streaming” – a newly introduced bill has proposed far-reaching changes to the way that UK creators are compensated. The legislation – officially entitled “Copyright (Rights and …

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