Spotify Hits 239M Paying Subs in First Quarter

The music streaming giant, led by CEO Daniel Ek, plans to offer an audiobook-only price tier as well as a music-only tier.

Imogen Heap uses her AI voice model, ai.mogen, to create a remix for the first time

Collaborating with Karin Ann on the track ‘false gold’, Heap uses AI-generated vocals.

Universal enters strategic partnership with producer Binetou Sylla and Wèrè Wèrè Music to lead Def Jam Africa across French-speaking Africa

The partnership will see Paris-based Binetou Sylla lead Def Jam Africa within French-speaking markets on the continent.

Music tech entrepreneurship requires more than product-market fit

Being an entrepreneur is never easy. Many first-time founders don’t know how steep the mountain is when they start. Operating a music startup means even greater challenges, trudging through unfamiliar terrain filled with the twists and turns of the music industry. Building a successful product is already difficult, so why would one willingly add music?

Beatport president Matt Gralen talks revenue growth, downloads and reaching a new generation of DJs

“We have revenue in almost every country around the world. But what I'd say is that we're focused on more intentional investment into emerging markets, and into markets that maybe we just historically haven't focused as much on. So our biggest market is the US, behind that the UK and Germany are number two, number three.

Now Coca-Cola has launched its own ‘AI-powered’ instrument

Brands and their creative agencies are piling into AI music. They’re sensing a buzz that they can tap, and also a sniff at a Cannes Lions award – the summer advertising jamboree seems likely to be a feast of AI activations jostling for gongs.

How blockchains are reshaping music industry payments

Musicians are harnessing smart contracts and blockchain technology to get timely payments.

Taylor Swift Reveals 'Tortured Poets' Inspirations Track-By-Track For Amazon Music

She’s using the art of the corporate deal to explain the LP’s individual tracks. If you want to hear what she has to say about these songs, you’ll need to be an Amazon Music subscriber.

Can’t cross the moat? Walk around it

The music business is bifurcating. On one side, a new AI, fandom, and creation centred business is coalescing. On the other, the traditional business is pulling the draw bridge over its moat by pushing up streaming royalty thresholds to ensure the soon-to-explode long tail knows it is not welcome. AI has arrived at just the right time, acting as the change catalyst that will propel the consumerisation of creation to the fore.

5 Ways to Streamline Sync Workflows

While the sync industry is still heavily reliant upon manual processes, a whole host of smart tools and platforms are available to significantly streamline workflows and drive more revenue.

Maximizing Music Catalogs: A Strategic Shift For Sustainable Success

Categorized as 'catalog music,' a song earns this distinction six months after being released. Luminate's 2023 data reveals a seismic shift in music consumption: global music streams surged by 34% to 7.1 trillion, with catalog music securing 72.6% of the U.S. market share—overshadowing the mere 27% held by newly released music.

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