Music Industry Funding Drops More Than 77% in April Amid Continued 2024 Decline

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On May 2, 2024
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Music Industry Funding Drops More Than 77% in April Amid Continued 2024 Decline — Though YTD Funding Approaches $1.3 Billion

Music industry funding fell 77.4% year-over-year in April of 2024, with deal-flow dropping substantially according to DMN Pro’s Music Industry Funding Tracker. Overall, the number of rounds decreased from nine to two, with year-to-date funding approaching $1.3 billion.

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