Why AI Is Not The New Napster; Music in the Creative Industries
Why AI Is Not The New Napster; Music in the Creative Industries1949 | Your Daily Dose of Music Streaming NewsAI And The Music Industry: Why AI Is Not The New NapsterFrom the advent of the player piano until modern-day streaming, new technologies have regularly disrupted and transformed the music industry. Now, AI has the potential to transform once again how music is made and consumed. Many observers are watching the industry’s response and questioning whether we see a redux of the Napster saga from the late 1990s and early 2000s. I believe the industry's (and our society’s) reaction to AI is markedly different from the Napster years, as we all learn some lessons from the past. Musixmatch and UnitedMasters team up in lyrical partnershipThe two companies are also working together on a lyrics contest for UnitedMasters artists, who are being invited to submit their tracks by 12 July. Music in the Creative IndustriesThe music industry remains resilient against other creative industries; it has adjusted to technological advancements, moving consumer preferences, and dynamic market forces. As a result, the global recording music industry scored a revenue of $31.2 billion in 2023, and it's getting more significant every year. Nevertheless, the music industry now mixes with various creative sectors—from streaming platforms and live events to branding and merchandise. TikTok launches ‘Off the Record’ video series with musiciansThe series will focus on the creative process of music-making, including planning single releases and other strategic decisions. Sony’s CSL Lab Launches New AI “co-creator” ToolBack in 2018, Sony’s Paris-based CSL lab produced one of the first AI-generated songs that grabbed the attention – and stoked the fears – of songwriters everywhere: Daddy’s Car Gig Life Pro launches in UK and EuropeMusic industry networking platform Gig Life Pro has launched in the UK and Europe too. Why Is Scooter Braun Retiring As A Music Manager?Scooter Braun, the famed talent manager known for discovering Justin Bieber and managing music talent from Ariana Grande to Demi Lovato, is stepping down from music management following the departure of several A-list clients last year. Why is Scooter Braun retiring as a music manager, and what is he doing next? Amazon Music and Wireless Festival team up for second year runningTeaming up with Wireless for the second year, Amazon Music will provide access to a weekend full of live music on Prime Video and the Amazon Music channel on Twitch. Plus, Amazon Music returns as the named partner for the festival’s second stage, which will play host to an incredible line up of artists over the weekend. Bandcamp announces Black Music Month plans; partners with EmpireBandcamp is celebrating Black Music Month with a mixture of live events, including a partnership with Stax Records. Ariana Grande to join superfan platform Weverse; artist to continue business partnership with HYBEGrande and HYBE America, led by CEO Scooter Braun, will be 'continuing their long-standing partnership.' EMPIRE partners with Bandcamp to bring artists including ShabooSongtradr-owned platform reports that it is used by 47m fans. A2IM CEO Dr. Richard James Burgess to step down after 10 yearsThe Board of Directors has initiated a search for his successor. Avoid bad playlists and boost your music impact with IsItAGoodPlaylist.com 🔎 Spot Fake Playlists: Safeguard your music against botted or fake playlists. Ensure your tracks get the authentic audience they deserve. Whether you're an artist, manager, or music marketer, IsItAGoodPlaylist.com is your go-to resource for making informed decisions in the playlist world. — 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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Glastonbury, Spotify Debut Official Festival App; AI in Music: Not All Doom and Gloom
Monday, June 17, 2024
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Stationhead Debuts All-Access Membership Tier for Superfans; Metallica Gets Own Season in Fortnite Festival
Friday, June 14, 2024
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Materialize Labs, Feed.fm Drive Business Results for AI, Video Apps; Elvis Could be Next for Avatar Concerts
Thursday, June 13, 2024
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Rythm Debuts to Revolutionize Group Listening; Spotify to Introduce Expensive Plan Later This Year
Thursday, June 13, 2024
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beatBread, OpenPlay Strike Partnership; TuneCore's Independent Artists Earned $4B+; TIDAL on Bang & Olufsen Audio …
Tuesday, June 11, 2024
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