Music Startups Raised $458.8 Million In 2011

Music Startups Raised $458.8 Million In 2011

Music Startups Raised $458.8 Million In 2011
Investors contributed a total of $458.8 million to music startups in 2011, according to a Digital Music News report. Online streaming service Spotify received the highest amount of investor funding among music startups in 2011 with $100 million, followed by the recently shuttered music technology company Beyond Oblivion ($77 million) and online ticket retailer Eventbrite ($50 million). (1/4)

More Than 1 Billion Apps Downloaded In Last Week Of 2011
A record 1.2 billion apps were downloaded worldwide from Dec. 25–31, according to app analytics company Flurry. Customers in the United States accounted for 509 million downloads, followed by China (99 million), the UK (81 million), Canada (41 million), and Germany and France (40 million). On Christmas Day, an estimated 6.8 million smart phones were activated and 242 million apps were downloaded. (1/4)
 

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