London, UK-based Video-on-Demand (Vod) service Screenburn raised $500,000 (£302,000) in an angel funding round to fuel its expansion for 2014 and to continue monetizing the presence of music and film artists on Facebook.
Music Week
Breaking News
Canadian music legend Neil Young launched a crowdfunding campaign via Kickstarter with a funding goal of $800,000 for his portable music player called Pono that enhances the quality of digitized music files.
New York City, US-based music publisher Reservoir Media Management picked up the music catalogue of Ireland-based First State Media Group for an undisclosed amount to increase its list to 75,000 songs.
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