Superfans, the Super Solution?; Modified Audio Tracks Growing on TikTok After UMG/UMPG Row
Superfans, the Super Solution?; Modified Audio Tracks Growing on TikTok After UMG/UMPG Row1894 | Your Daily Dose of Music Streaming NewsModified Audio Tracks Growing on TikTok After UMG/UMPG Row Modified audio remixes are any effort to divert royalty payments away from rightsholders into the hands of other creators. The modified songs are not licensed and ownership information is applied to the modified track—meaning people who uploaded the content are getting paid instead of the rightsholders who actually own the song. Superfans, the super solution? The music industry has a concept known as the "1,000 true fans." These listeners are the lifeblood of an artist's fandom. True fans willingly invest $100 annually to support their favorite artist's work (equivalent to about $8.25 monthly). Study reveals how Spotify algorithms affect listening and discovery A new study that analyzed 25.3 billion Spotify streams provides a look at how the streamer’s algorithms work and how they are changing how music is listened to and discovered. The company is to roll out a "suite of data and AI-led features" to help artists and labels build and monetise audiences more efficiently. Four ways AI will impact music, from Elvis holograms to interactive soundscapes Beyond holograms, AI is poised to transform live performances in ways we’ve only begun to imagine. Picture a concert where the music adapts in real-time to the mood of the audience, or where immersive soundscapes change based on real-time interactions. Horus Music Expand to Offer Publishing for all Independent Artists, Songwriters With an increasing demand of independent artists and songwriters looking to fund their music careers without the intervention of a label taking a slice of the pie, sourcing additional revenue streams outside of distribution is essential for the survival of the independent music scene. Zojak World Wide Announces Partnership with Spotify Zojak’s artist clients will now be able to claim their Spotify artist profiles directly through the Zojak dashboard and get instantly verified. Making Sense of Music Streaming The rise of streaming platforms like Spotify has reshaped music economics, revealing the industry’s longstanding flawed incentive structures that can make it difficult for artists to be paid for their work. These issues are only further exacerbated by the rise of AI, which raises questions around originality and copyright. In this ever-evolving industry, how can we better protect artists and ensure the longevity of the music we love? Tidal cuts high-res music streaming prices to $10.99 a month Tidal now offers just a single music-streaming tier that offers lossless, high-resolution, and spatial audio tracks while matching Apple Music prices. Pathways Into Music launches free program for music educators The Pathways Into Music Foundation, a non-profit organization dedicated to bridging the gap between music education and the industry, has launched a new initiative specifically designed to support music educators. Hybe Acquires Nearly 900,000 SM Entertainment Shares for $78.2 Million K-pop powerhouse Hybe continues its long-running quest to take over SM Entertainment (SME), this time with an announcement that it would soon acquire an additional 869,948 shares from founder Lee Soo Man for $78.2 million. James Blake slams streaming platforms for devaluing music James Blake has shared his thoughts on the monetisation of music on streaming platforms. — 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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JamBase Presents Local Live Mixes; Will AI Enable New Musical Creativity or Undermine Musicians?
Monday, March 4, 2024
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Epidemic Sound Unveils New Brand; Deezer Revenue Up, but CEO Stepping Down; Pex Releases UGC Modified Audio Data R…
Friday, March 1, 2024
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Adobe Reveals a GenAI Tool for Music; New OpenPlay Features Benefit Music Companies
Thursday, February 29, 2024
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Spotify Generated $4.5B for Indie Artists, Labels in 2023; WMG to Launch Superfan-focused App; JazzNEO Readies for…
Wednesday, February 28, 2024
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Music Curation in the AI Era: Evolution or Extinction?; UMPG Songs are Now Being Removed from TikTok
Tuesday, February 27, 2024
1889 | Your Daily Dose of Music Streaming News ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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