Other recent deals include Warner Music Group's new joint-venture label with Annual Acharia, EMPIRE's partnership with Cambodian label Baramey and more.
A total of $200,000 in grants will be awarded this year.
Etsy acquired the music gear marketplace in 2019 for $275 million.
The Weidenmüller Sustainability Fund is named for late !K7 founder Horst Weidenmüller, a sustainability leader in the indie sector.
Held over the Easter long weekend, Bluesfest 2025 drew more than 109,000 attendees across five days.
Cloud Music shares rose 10.5%, leading the Billboard Global Music Index’s 3.6% increase this week.
Produced by the Music Sustainability Alliance and focused on advancing environmentally friendly practices within the music industry, the conference happened on April 15 in L.A.
Labels, live businesses and streaming companies’ stocks are mostly living up to music’s reputation as a sturdy investment option in down times. Radio is another story.
Also this week: Sonic Unyon Records launches SUM Artist Management.
Also this week: Complex's founder returns, Big Machine hires a Universal veteran, Warner Music Nashville promotes a pair, and 5B launches its Pink Motel.
