Welcome to And The Update is, I am your host, Paige McDonald, and this is your weekly

music industry update.

The music startup Rowley has filed for administration and is reforming as the beginner focused

luminary.

Instead of focusing on selling hardware, only luminary wants to combine hardware with

software subscriptions via its Lumie products.

Earlier this year, Apple officially discontinued music memos, which was the iPhone app that

allowed musicians to quickly record audio and develop new song ideas.

A new startup called Tape is stepping in to fill the place of music memos as an app that

improves audio recordings.

Live Nation will be buying a majority stake in Latin America's biggest concert promoter

for $450 million.

US recorded music revenues grew $1.5 billion during the first half of 2021 compared to the

first half of last year.

The Los Angeles-based live stream and on-demand content platform LiveX Live Media is changing

its name to live one ink as a part of an overall rebranding of the company.

Warner music just announced that from 2023, it will be representing the entire post 1968

recordings catalog of David Bowie worldwide.

The Los Angeles-based media lab has acquired the New York-based Learx Company Genius

for $80 million.

YouTube is opening community posts to channels with 500 subscribers instead of 1,000.

CMA has launched an in-depth phase 2 investigation of Sony Music's A-Wall acquisition.

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