Warner Music Group won't be bidding to acquire Believe

“WMG thanks the ad-hoc committee and Believe's leadership team for their time and cooperation, and wishes the company every success in future.”

Fan Economy: Expanded Rights are Worth $3.5B, Now What?

MIDiA recently, and exclusively, revealed that expanded rights now represent 10% of the recorded music market with revenues of $3.5 billion. These revenues, derived principally from monetising the brand of the artist (merch, sponsorships, branding, live, etc.), represent a shift in strategic focus for the global music business. It is moving from a consumption economy to a fan economy. This is only the start. To truly harness the vast potential of a fan economy, three key things need to be addressed:

YouTube to livestream Coachella again – 'multiview' included

“The big screen production will be tailored so that viewers everywhere can watch up to 4 of the live stream stages on their TVs at once while listening to the audio of their choice,” explained YouTube.

Trent Reznor: streaming has 'mortally wounded' some artists

For a while back in the day, Nine Inch Nails’ Trent Reznor was an executive at Apple Music, before leaving to resume his full-time career as an artist and soundtrack composer. Now, in an interview with GQ, he’s talked about how he sees the music-streaming market now.

Why Spotify won't give up until they get “Radio” right

Every streaming platform offers AI-curated “radio,” but Spotify sometimes misses the mark. Here’s where they’re falling short and why they will keep trying.

Human Creativity Outperforms AI in Commercial Music Composition, Study Finds

Despite constant outcries that AI will soon replace human art and leave musicians without jobs, the study finds that AI music will hardly fill out even the commercial music sector.  

The 5 Best AI Tools For Musicians & Creators In 2024

It’s safe to say that AI is causing a paradigm shift in every industry, and the music industry is no exception. ChatGPT has become a household name, and the number of AI tools on the market is increasing on the daily.

How Universal Music Group is leading the industry's response to AI

Under CEO Lucian Grainge, the parent company of Interscope, Geffen, and Def Jam is leading the industry’s response to AI—and reworking streaming royalties to boot.

How do people search for music – and what do they really want in their results?

The latest episode of Music Ally Focus features Einar Helde, AIMS API’s co-founder and CCO, and explores how AI-driven search and discovery is changing how music is used. 

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