copyright

Santa Monica-based business-to-business music licensing marketplace Songtradr is diving deeper into livestreaming with its acquisition of Pretzel, a Washington-based startup.

Pretzel focuses on licensing music to livestreamers on Twitch, Youtube and other platforms where gamers and influencers have flocked during the pandemic, often setting their live videos to music. According to Twitch representative Samantha Faught, the total number of streamers making money on its platform doubled in 2020 from a previous all-time high in 2019.

Read more Show less

The digital copyright management system Pex scored a $57 million investment as it attempts to become a larger player online.

Chinese conglomerate Tencent and its subsidiary Tencent Music Entertainment participated along with investing firms the CueBall Group, NextGen Ventures Partners, Amarinthine and others.

Pex has built what it calls its "attribution engine" — free for rights holders and creators — to identify, attribute and license content on the internet.

Read more Show less

Trending