The Future of Music Consumption is Taking Shape; The Balance of Power Between Platforms and the Music Industry
The Future of Music Consumption is Taking Shape; The Balance of Power Between Platforms and the Music Industry1927 | Your Daily Dose of Music Streaming NewsThe Future of Music Consumption is Taking ShapeAmid the rapid rise of AI and the digital age, the tempo of music consumption shows no signs of slowing down. As physical album sales plummet and streaming services take over, where will this relentless progress take us next? Spotify revolutionizes live event discoverySpotify are bridging the gap between fans and artists by pushing the live music industry and connecting music lovers with gigs. The balance of power between platforms and the music industryThe digital era has created enormous opportunities and challenges for the music industry. However, although the music industry once called streaming platforms the savior of the industry—this is rapidly changing. Audio-only video games were a big hit — and could be coming backNot all video games need video. Over the years, games that exist only in audio have taken players into entirely new worlds in which there’s nothing to see and still everything to do. Google DeepMind and YouTube show off their 'Music AI Sandbox'‘Music AI Sandbox’ is described as a suite of tools that “helps musicians make music in unprecedented ways”. It’s a collaboration between Google’s AI division DeepMind and YouTube, and its big reveal was accompanied by demos of songs created with it by musicians Wyclef Jean, Justin Tranter and Marc Rebillet. The greatest album ever? Stand by for Apple Music’s viewApple Music has launched a big countdown of its ‘100 Best Albums’ of all-time chart. AI and the future of creativity: Takeaways from Music Matters 2024Artificial intelligence took centre stage as creators, music professionals and industry leaders descended on the sunny city-state of Singapore this week for the 19th edition of Music Matters. This year, the music conference returns as part of the inaugural CreatorWeek, a new festival spotlighting and celebrating Asia Pacific’s music and creator economy. AI Can Write the Lyrics, But Who Owns the Music Is Up for DebateNashville-based country musician Anna Vaus and her brother were curious about the quality of AI songwriting, so they asked a generative AI chatbot to write a country tune, offering the bot nothing more than a title: “River of Love.” AI music isn't going away. Here are 4 big questions about what's nextIn the music world as in other creative industries, generative AI — a class of digital tools that can create new content based on what they "learn" from existing media — is the latest tech revolution to rock the boat. Why fighting to get artists paid for radio plays is so criticalThe following op/ed comes from Michael Huppe, President and CEO of SoundExchange. — 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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Billie Eilish to Hold Live Listening Party with Spotify; SESH Debuts as Tool to Empower Artists With Ownership of …
Friday, May 17, 2024
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You’ve Favorited an AI-generated Track and You Donʼt Know it Yet; Spotify Paid UK Music Industry £750M+ in 2023
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