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TikTok, Chainsmokers' VC Fund, and Ex-paradigm agents launch new company

Issue #54 — View online — Suggest a link

Startups and change makers leveraging music and music technology to curate a more creative world.

Hope you’re having a great week at home or if you’re in the parts of the world where things are going back to normal the office!
There’s many great updates in the industry the past few weeks but here are some highlights:
The Chainsmokers raised a $35 million in commitments for their brand new early stage fund, Mantis. They will be investing with the mindset of products or services which their fans may find useful. You can hear more about it on their appearance on 20VC here.
Bandcamp’s fee free Fridays have set the company apart from competitors during the COVID pandemic and helped them build an artist-friendly approach to releases. The LA Times took notice and covered the company from an “anti-Spotify” perspective which does take some of the uniqueness of the platform as a digital service offering away.
Hope the rest of your week is productive and see you next week!

The anti-Spotify: How online music company Bandcamp became the toast of the COVID age
The Chainsmokers Raise $35M For Mantis Venture Capital Fund
Indian short-video app Moj has 50m users a month after launch
TikTok creators can soon sell merch directly in the app with new Teespring integration
Exclusive: Gaana Bags $51 Mn In Debt From Tencent, Times Internet
Former Paradigm Music Agents Launch New Agency, TBA
IMI expects 10% of radio players' gross ad revenue as new base of royalty for music labels
Making Music & Streaming Easier
Music Ally Startup Files: Voisey is the TikTok for music creation
Scoop: How the Oracle-TikTok deal would work
Celebrate Six Months of RADAR Around the World —
Beatport Launches Exclusive Livestream Partnership With Twitch
Founder’s Note —. We’re moving to a new home. And you’re… by
Techstars Startup Digest Music is curated by:
Corey Crossfield Corey Crossfield - Music Digest Curator
Josh Ford Josh Ford
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