AmazeVR closes $15 million round of funding for virtual shows
The world of music and live entertainment that we once knew is about to change, and we are all for it! By no means of our imagination, the latest initiatives evolving around the digital and the real-life world have been emerging constantly, with AmazeVR joining the list of the most mesmerizing of projects that we have seen to date. With
Finland’s live events industry is facing major closure concerns
A recent survey conducted by Event Industries Finland has led to major concerns relating to the permanent closure of the country’s live events sector. Financial support provision has moved up the scale of significant requirements, with up to 2,300 companies in Finland’s live sector being expected to be out of business within a six-month timeframe. Moreover, almost 300 events have been found
Germany rises art and culture funding up to €2.1 billion for 2021
Germany is standing out as an example of how to save the music and entertainment industry, unlike many other countries. Last week, the German parliament committee has approved the increase of its art and culture funding to 2.1 billion euros for next year. Germany is a landmark of EDM, is the home of techno, the capital of raves, an important name
Last minute emergency funding saves SoundCloud
During last month, news broke that SoundCloud only had enough funds to carry on for another 50 days before the music streaming service would shut down. Recently however, rumours had circulated that if SoundCloud did not swipe a deal their closure was more than likely imminent within the next 24 hours. Thankfully the music platform has secured emergency funding for the foreseeable future