Association & Member Updates
Here you’ll find the latest announcements on Music Biz events & partnerships, our most recent podcasts & thought leadership articles, and updates on the newest companies to join our Association. If you’d like to receive updates like these sent directly to your inbox, sign up for our weekly news feed email today!
February 24, 2021 – Music Biz Member Pex Secures $57 Million Investment Round
Music Biz member Pex announced this month that it has secured $57 million in investments, which it plans to use to scale up its Attribution Engine (AE) technology. Pex hails AE’s ability to analyze over 10,000 hours of content per minute to find all available audio & video copyright uses, attribute the copyrights to every… Read More
February 24, 2021 – Music Biz Member Vevo Launches Moods AI Tool for Emotion-Based Ad Targeting
This month, Vevo has launched Moods, an AI-based tool that identifies and groups Vevo music videos by the mood they convey (i.e., fun, heartfelt, impassioned, empowering, etc.) in order to create more favorable brand-interaction experiences for consumers as they watch Vevo content. The company worked with music data company Musixmatch to build a proprietary model… Read More
February 23, 2021 – Music Biz Member Spotify Announces HiFi Tier, New Tools for Creators, and Global Expansion Plans
During their “Stream On” event this past Monday, Spotify announced a slew of new products and services marking significant steps to expand their platform in 2021 and beyond. This include a new HiFi high-resolution music streaming subscription tier set to launch some time this year, as well as new exclusive podcast content. Spotify also announced… Read More
February 22, 2021 – NEW MEMBER PROFILE: Feed Media Group
Please join us in welcoming Feed Media Group to the Music Biz member community! The company is dedicated to innovation in music licensing and distribution with one goal in mind: help businesses of all shapes and sizes create amazing user experiences with music. Feed works with the industry to experiment with new solutions that both… Read More
February 17, 2021 – Music Biz Members UMG and TikTok Enter New Licensing & Artist Support Agreement
Universal Music Group and TikTok have announced a new partnership, including a renewed music licensing agreement, that will also allow the companies to collaborate on new initiatives involving digital marketing, A&R, user data and more. Under the terms, TikTok will compensate artists and songwriters from UMG and Universal Music Publishing Group when their music is… Read More
February 11, 2021 – New MTSU Program Supports Students of Color Seeking Country Music Careers
Music Biz Academic Partner Middle Tennessee State University (MTSU) has announced the launch of its new “Bridges to Nashville: Exciting Career Opportunities in Country Music” initiative. This five-month pilot program was designed to educate college students of color nationwide about opportunities available to them in the Country music industry. The first Bridges to Nashville session,… Read More
February 10, 2021 – Music Biz Member Songtrust Announces Expansion of Executive Team
This week, Music Biz member Songtrust has announced the elevation of three team members to executive roles — Lisa Robinson has been named Vice President of Income Tracking; Anna Bond has been appointed Head of Creative and Partnerships, a new department for the company; and Rob Wetstone who has been promoted to Global Head of… Read More
February 9, 2021 – Music Biz Member Concord Announces New Promotions for 2021
Independent music company Concord has announced a wave of promotions for 50 staff members at the start of 2021, including seven executives who were elevated to VP level and above. In a statement, company CEO Scott Pascucci praised the staff for their tireless efforts in the face of the challenges posed by the pandemic. “The… Read More
February 8, 2021 – Music Biz Member DistroKid Launches New Matchmaking Service For Labels and New Artists
Music Biz member DistroKid has announced the launch of Upstream, its new service which allows partner record labels to sift through DistroKid’s data and make connections with artists they would like to sign. “Millions of artists rely on DistroKid and often ask for help getting noticed by record labels,” said DistroKid Founder and CEO Philip… Read More
February 2, 2021 – Music Biz Member Exactuals Passes $1 Billion in All-Time Dollars Processed Via PaymentHub
Financial software company and Music Biz member Exactuals announced that it has passed $1 billion in all-time dollars processed by their flagship PaymentHub product, a 250% year-over-year growth. PaymentHub allows music publishers, record labels, distributors, marketplaces and more to provide direct deposit payments, tax document management and online reporting to rightsholders, performers, managers, service providers… Read More
