Music Technology UK report reveals £14m of public funding for music tech firms over five years

A new report from Music Technology UK (MTUK) has revealed that government agency Innovate UK has invested £14 million in UK music tech companies over the past five years (2020-2024) . In its report titled Sound Investments: The Importance of UK Government Innovation Support, the UK trade association dedicated to ...

Music collectibles platform Wax Poetics closes $1m funding round

As Bandcamp Friday returns, GM Dan Melnick says the platform is an 'even playing field for artists'

As UMG takes a stake in Stationhead, the fan platform merges with Mellomanic

Suno expands artist partnerships team with appointment of Sam Berger

Spotify paid out $11 billion to the music industry in 2025

Spotify has revealed its latest annual music industry payout. The streaming giant paid out more than $11 billion to the music industry last year – the largest annual ...

Former BMG CEO Hartwig Masuch appointed as chairman of Swedish music service Hyph

Swedish music service Hyph has appointed Hartwig Masuch as chairman of the company, effective April 2026. Masuch was the founder and creator of Bertelsmann’s music company, BMG. He ...

Universal launches new livestreaming channel on Twitch

Universal Music Group (UMG) has revealed details of a new livestreaming channel on Twitch. Led by UMG’s in-house creative division, °1824, the project’s debut livestream will ...

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