Donatella Versace has another stylish move up her sleeve! The iconic designer is joining forces with REVOLVE for a venture that reaches far beyond the runway and red carpet. Versace, who has dressed everyone from Jennifer Lopez, and Kim Kardashian to Zendaya, Miley Cyrus, Taylor Swift, Beyoncé, Hailey Bieber, Britney Spears, Angelina Jolie, Kylie Jenner, and more A-listers,…
Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s Round-up is exclusively supported by BMI, a global leader in performing rights management, dedicated to supporting songwriters, composers and publishers and championing the value of music. This…
Fives Faces scores A$1M Series A funding Alphalitica, which operates as Five Faces, a provider of patient experience software, has collected A$1 million ($650,000) in a Series A funding round led by the Utiliti Group. The Queensland-based company, which started in digital signage in 2019, offers a low-code software that supports the quick digitisation of patient…
Warner Chappell Music has extended its strategic joint venture partnership with Lilly Raye Music, the management company and publisher run by founder Edward Matthew and A&R Manager Justin Martinez. The partnership, established in 2020 and expanded in 2023, is focused on “supporting collaborations between creatives” across Asia, Europe, and the US. According to WCM, the…
Acquisitions in India are becoming an intense area of activity for the global music business. Recent deals have included Warner Music‘s minority investment in live entertainment and ticketing platform SkillBox, and acquisition of artist management and live events company E-Positive. Universal Music India (UMI) also recently took a majority stake in Indian music and entertainment…
Intel (INTC) stock climbed higher Wednesday on a report that rival Taiwan Semiconductor (TSM) is in talks with a group of chipmakers, including Nvidia (NVDA) and AMD (AMD), that would run Intel’s chip manufacturing business. According to Reuters, the consortium, which would also include Broadcom (AVGO), would take over Intel’s foundry business, which is responsible…
A new crypto firm is joining the venture race as the blockchain industry roars back. On Thursday, a firm called Metalayer filed paperwork with the Securities and Exchange Commission that describes plans for a $25 million investment fund. According to sources familiar with the plan, the cofounders of Metalayer are three veterans of Two Sigma…
Create Health Ventures, which will focus on investing in payer- and pharma-facing early-stage digital health companies with founders with experience in the healthcare industry, announced its launch after closing its first fund of $21 million. The VC firm will invest in startups offering B2B platforms focused on payers and pharmaceutical companies that aim to improve…
