Apple Music Goes Big on Usher Content Ahead of Super Bowl; Luminate Acquires Music Data Firm Quansic
Apple Music Goes Big on Usher Content Ahead of Super Bowl; Luminate Acquires Music Data Firm Quansic1877 | Your Daily Dose of Music Streaming NewsApple Music goes big on Usher content ahead of Super Bowl show It’s launching a series of exclusive content, including Usher’s full discography in spatial audio; curated playlists; an Usher megamix by Jermaine Dupri (yes, in spatial audio); and a four-day takeover on Apple Music Radio. UK music tech firm Salt closes funding round with investors including Dave Stewart UK music rights fintech company Salt has closed a funding round with backers including songwriters and producers, as well as a European investment company. UK's proposed AI copyright code delayed The delay marks a major blow to artists, authors and musicians in the UK who fear their work will be used by AI models without compensation. Luminate Acquires Music Data Firm Quansic The arrangement is another step in Luminate's efforts to unify data for the entertainment industry. Mogul Finds Millions in Unidentified Royalties for Music Artists Because Mogul has already proven it can solve one of the music industry’s toughest problems, the company has attracted significant investment from major music and entertainment companies. 5 things we want to see Google do with audio in 2024 Google is a leader in so many aspects of our digital lives. If you think about it, it's nearly impossible, or at least very difficult, to get through a day on the grid without encountering multiple facets of the Google ecosystem, from your mobile device to search and office productivity. But when it comes to audio, the Google empire feels conspicuously incomplete to us. "The new deal will badly impact our revenues," an indie record label executive says Spotify Hits 236M Paying Subs, Loss Narrows Despite Charges for Layoffs The company ended 2023 with 236 million paying premium subscribers, up from 226 million as of the end of September and compared with its forecast that it would reach 235 million in the latest period. “Fourth-quarter net additions of 10 million contributed to a record full year of net additions of 31 million,” the firm highlighted. AI Music Will be $3B Market by 2028 This reflects a balance of optimism and skepticism: 43% agreed that AI can open up new forms of creativity, but 64% think the risks of AI use outweigh its potential opportunities, for example. 71% of the creators surveyed also said they are “afraid that the use of AI for music could lead to music creators no longer being able to make a living from their work”. Muus Collective joins Web3 music accelerator headed by Warner Music Group and Polygon Headed by Warner Music Group (WMG), the global music and entertainment giant, and Polygon Labs, a Web3 growth and development force behind the Polygon network, this program is set to drive the next evolution of the music industry through blockchain technology. YouTube hits 100 million subscribers as people turn to it for music streaming Paid-for service launched with ‘modest expectations’ in 2015, as YouTube Red. — Send story ideas & feedback to: jeff@platformandstream.com ️— Interested in sponsoring the newsletter? You'll find all the details here. You're currently a free subscriber to Platform & Stream. For the full experience, upgrade your subscription. |
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Napster Taps ChatGPT for Playlist Feature; Spotify Hits 236M Paying Subs; Google Releases GenAI Tools for Music Cr…
Tuesday, February 6, 2024
1874 | Your Daily Dose of Music Streaming News
Are Playlists Still Relevant for the Music Business?; What is at Stake in the TikTok-UMG Showdown; Music Reports A…
Monday, February 5, 2024
1877 | Your Daily Dose of Music Streaming News
AI Music Will be $3B Market by 2028; Spotify Launches an AR ‘Share Track Lens’ on Snapchat
Friday, February 2, 2024
1876 | Your Daily Dose of Music Streaming News
TuneCore, Amazon Music UK Provide Free Studio Time for Self-releasing Artists; AC/DC’s ‘Back in Black’ Tops 1B Vie…
Thursday, February 1, 2024
1875 | Your Daily Dose of Music Streaming News
Daylists, New Spotify Viral Feature, See 20,000% Surge; Universal Music Group to Pull Song Catalog from TikTok
Wednesday, January 31, 2024
1874 | Your Daily Dose of Music Streaming News
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