WPP has cut a branded entertainment deal with songwriter/producer Alex Da Kid, who heads up Interscope Records label KIDinaKORNER. The new venture, KidinaKORNERCreate, will look to integrate music and content to help artists and brands develop ‘intimate relationships’ with new audiences they might otherwise be unable to reach.
Stockholm has racked up $266 million in fintech start-up investments over the past year, leaving it second only to London in Europe in terms of VC inflows from the likes of Intel Capital, Mastercard and American Express Ventures, according to metrics from the Stockholm School of Economics. And that total accounted for close to one-fifth of $1.48 billion in fintech investments across Europe, and one-third of all start-up financing in Sweden.
The Independent is the leading social media performer out of 32 brands across the UK media sector, ahead of CapitalFM and BBC Radio 1, according to a new index compiled by Brandwatch. The ranking leans on a brand’s total online mentions, social mentions and the interaction between those two.
Dazed has rolling out the second iteration of the Females First: Film Fund it launched last year. The initiative supports emerging women filmmakers, and Dazed has tasked the likes of Jane Campion, Joanna Hogg, Sarah Solemani and Sienna Miller with selecting their female filmmakers to create a short film. Applicants will get a percentage of production funds for their productions, which must be intended for release. There are no restrictions on genre or subject.
HMV is now selling physical music formats – in the shape of CDs and vinyl – online for the first time since spring 2013, when the ailing retailer was acquired by Hilco Capital. The new website, store.hmv.com, has been launched in the face of “overwhelming customer demand” and following a “highly successful” trial in Ireland, according to Hilco.
Get ready for five European innovation hubs which aren’t London or Berlin. Like Eindhoven in the Netherlands, with its High Tech Campus, and Startupbootcamp, the biggest network of tech startup accelerators in Europe. And Budapest, whose Colabs was the first tech start-up hub of its kind in Hungary, and where the European Entrepreneurship Foundation has for the last seven years been running accelerator programmes.
Europe is now able to boast 40 unicorn start-ups, up from 30 one year ago, as European entrepreneurs added another 13 $1 billion-companies to the herd, while three fell out of the running, according to research from GP Bullhound. Unicorn newcomers include the likes of boohoo, Shazam, Monitise and Rocket Internet, with the 13 new entrants boasting an average valuation of $2.1 billion, and three-quarters being consumer-focused. Unsurprisingly, one-third of new unicorns are fintech outfits.