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Universal Music Group Is Officially SPAC Material

In an "iconic transaction," billionaire Bill Ackman's SPAC will seek to acquire 10% of Universal Music Group for approximately $4 billion

Spotify Launched ‘Discovery Mode.’ The House Judiciary Committee Has Some Questions

Congressmen asked Spotify for additional information about a "plan that could ultimately lead to further cut pay for working artists"

Lil Yachty and Bhad Bhabie’s First VC Investment Is a Jewish Dating App

The rappers are investing in Lox Club, a new dating app for "Jews with ridiculously high standards," and they hope to close several other deals in 2021

Five Months Later, Only 31 of 13,619 Music Venues Have Gotten Their Grants Approved

Only 0.2% of qualifying venues have gotten approval from the Small Business Administration so far

Coachella Announces Dates for April 2022

After a two-year hiatus, one of the world's largest music festivals will come back next year

After Delays and Snafus, Music Venues Tenuously Seeing Next Steps Toward Relief

"I’m still holding my breath," one indie concert promoter whose grant was approved says. "It took six months for this to happen, and when you have to wait that long, you lose that much trust"

Spotify Is Making a Pledge to Mentor and Market Indie Artists

The streaming service will design marketing campaigns for emerging artists under its new Fresh Finds program. Wallice, Unusual Demont, Julia Wolf, and EKKSTACY make up the freshmen class

How a Band Becomes a Happy Meal

The marketing execs of McDonald's walk through their collaborations with musicians like BTS, who inspired a new McDonald's meal and merch line out May 26th

Quincy Jones Is Backing a New NFT Marketplace for the Average Music Fan

Jones, Whitney Houston, TLC, Doja Cat, John Legend, and more will release collections on the environmentally friendlier OneOf platform, which is scheduled to launch in June

Rockstar Games and CircoLoco Are Starting a Record Label

The developer of massively popular games like Grand Theft Auto and Red Dead Redemption is partnering with the influential dance party promoter

Maybe Touring Can Return Without the Toxic Work Culture

Optimized Touring, founded by a music manager, is the latest new company to offer physical and mental health services to typically overworked artists and concert crews

Live Music Is Back. America’s Indie Venues Are No Better Off

Stalled grants and the return of big competitors are forcing America's beloved stages into further crippling debt. "It's like sitting at a red light and watching cars zoom right by us,” says one venue owner
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