LiveXLive, Cinedigm Partner for Live Music Events, Original Content

LiveXLive and Cinedigm have partnered in a worldwide distribution agreement that will give music fans across the globe access to LiveXLive’s live and original video programming. Cinedigm will focus on circulating the LiveXLive service worldwide on cable, satellite, skinny bundles, and digital distributors, as well as distribution of LiveXLive’s programming rights into the digital retail ecosystem, including Amazon, iTunes, and Netflix, among others.

Additionally, through a recent joint agreement with Cinedigm and Jungo TV, LiveXLive’s channels and content will also be distributed onto cable, telecommunication, and technology companies in fast-growing, emerging markets, which represent over 2.5 billion consumers.

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Spotify Kicks Off Inaugural ‘RapCaviar Live’ Concert Series

RapCaviar is hitting the road. Inspired by one of Spotify’s biggest playlists with over seven million followers, the web streaming company has partnered with Live Nation to bring fans the first of its kind, 6 city hip-hop concert series titled “RapCaviar Live,” featuring the heaviest hitters and hottest emerging artists in rap.

Kicking off “RapCaviar Live” in their hometown of Atlanta is the Trap God himself, Gucci Mane, along with Mike WiLL Made it plus special guests. Gucci takes the stage on August 12th at The Tabernacle. Tickets go on sale on Friday, June 30 at 10:00am local time, and are available via Ticketmaster.com and all Ticketmaster outlets.

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Music-Marketing Startup Fuzic Secures $3.52M in Total Funding

Fuzic, a marketing technology startup, announced the completion of a $3 million seed funding round, bringing total funding raised to $3.52 million.

Fuzic engages on-site customers through custom audio messages and licensed music playlists. Managed online, it is easy to use for a business owner with a single location, yet powerful enough for a large organization. Companies with hundreds or thousands of locations can centrally control music, messaging, and advertising to whatever degree of local personalization is desired. Powered by a network of on-demand professional voice talent, messages are recorded, produced and ready for play within hours of request.

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Songtradr Expands Footprint into UK with Milamber Ventures PLC Partnership

 Songtradr announced today a long-term partnership with Milamber Ventures PLC to establish essential business development and territorial expansion of Songtradr in the UK. This partnership with Milamber Ventures PLC expands Songtradr’s presence to a key market where commercial music licensing is a highly fragmented industry for European based brands, filmmakers and advertising agencies. The focus will be on sales, marketing and content acquisition.

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Spotify, AXS Partner To Deliver Personalized Event Recommendations

AXS and Spotify have announced a global partnership where music listeners will get personalized recommendations for live events in their area through the tens of thousands of live events AXS tickets annually.

The more than 100 million active Spotify users will be able to buy AXS tickets through the Spotify desktop or mobile app. Personalized event recommendations of AXS events will be based on listening behavior, artist preferences, user location and will be delivered to the listener in multiple ways.

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That’s Sooo 2000: Pandora Dumps Ticketfly Purchase, but Keeps the Integration They Could have Rented

All indications are that Pandora’s management seems to be raising cash and emerging from a latter-day Dot Bomb “money drunk.”  The latest sign is Pandora’s sale of its Ticketfly subsidiary to Eventbrite for a reported $200,000,000.  The sale comes less than two years after Pandora acquired Ticketfly for $335,000,000 in cash—a cash on cash loss of $135,000,000.

And that’s a lot of streams.  One of the problems with startups that suddenly come into the public markets with a pile of cash and inexperienced management is that they lack the cunning patience to spend it wisely and play the long game.

Read Article: Music Tech Solutions

SiriusXM to Make $480 Million Strategic Investment in Pandora

SiriusXM and Pandora today announced an agreement under which SiriusXM will make a $480 million strategic cash investment in Pandora.

The capital provided through the SiriusXM investment will allow Pandora to make targeted investments and capitalize on opportunities to build on its position in the streaming radio business.

“The investment from SiriusXM infuses resources to help Pandora continue to grow and innovate,” said Pandora CEO and founder Tim Westergren. “With the strategic review behind us, and a strong balance sheet, we look forward to focusing on business execution and the optimization of our strategy.”

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