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Thursday, June 6, 2013

Big jump in financing for music start-ups

EVERYTHING’S COMING UP DAISIES: Financing for music-related startups and companies is absolutely, positively booming, Digital Music News reports, though it neglects to cite the source of the data. As of yesterday, year-to-date financing is at $214 million and change, a 128% increase over this time last year. According to the stats, leading the way by a country mile are Beats/Daisy, which has added $60m to its coffers, and VEVO, which has picked up $50m. (6/6a)

 
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