"Anyone who thinks investment in music is 'drying up' clearly hasn't looked at the numbers. Because with less than two weeks left in 2012, investment in music-related startups and companies has reached $619.3 million, a near-34 percent gain over 2011.
Spotify wasn't the biggest catch, either. Deezer claimed a monstrous $130 million round, while Sonos received a handsome $135 million in financing. Those rounds, coupled with Spotify's $100 million, accounted for roughly half the total pot."
dentsu 2022 Media Trends
3 years ago
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