No Result
View All Result
Today Minutes
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food
  • Subscribe Us
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food
  • Subscribe Us
No Result
View All Result
Today Minutes
No Result
View All Result
Home Music

Maluma Invests in Music Service as Platform Race Speeds Up

by todayminutes
March 31, 2022
0

Juan Luis Londoño, known as Maluma 

Latin music star Maluma is investing in Trebel, a music-downloading platform — the latest move by a top-selling artist to get involved in the business side of music distribution.

Trebel nabbed a valuation of more than $200 million in its latest funding round, according to a person familiar with the matter. The company is raising $25 million, led by Indonesian media conglomerate MNC Group. In addition to Maluma, whose real name is Juan Luis Londoño, other investors include Christopher Burch, NBA player Thaddeus Young and Mexican business executive Alejandro Grisi. The round brings Trebel’s total funding to about $45 million.

Artists are getting increasingly involved in alternatives to the major streaming platforms such as Spotify and Apple Music, which have been criticized for offering only a tiny share of revenue generated to most artists. British startup Roxi is backed by Kylie Minogue and Robbie Williams, while blockchain-based music platform Audius has taken on investors including Katy Perry, Pusha T and the Chainsmokers.

Read more

todayminutes

todayminutes

Next Post

Washington Commanders looking for performers to join entertainment team

No Result
View All Result

Categories

  • AirLines (1)
  • business (269)
  • Celebrity (71)
  • climate (1)
  • Culture (47)
  • Economy (13)
  • Electric Vehicles (3)
  • Entertainment (356)
  • Fashion (74)
  • finance (24)
  • Food (42)
  • Health (45)
  • Lifestyle (34)
  • Music (84)
  • Politics (333)
  • Science (23)
  • Sports (363)
  • Technology (32)
  • Travel (78)
  • Uncategorized (9)
  • Weather (2)
  • World (83)

Recent.

US and Canada military shoot down new unidentified object

Rail strikes: RMT union rejects new pay offer

UK economy avoids recession but not out of woods

© 2022 Today Minutes All Rights Reserved

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
No Result
View All Result
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food
  • Subscribe Us

© 2022 Today Minutes All Rights Reserved