Music Business News: United States
News Shutterstock and OpenAI inked their original deal in 2021
Analysis News On-demand song streams (including audio and video streams) grew 15% YoY to 713.5bn in the US last year, while on-demand audio streams grew 13.5% to reach 616.5bn
Analysis News Figure is roughly equal to the entire catalog of tracks available on Spotify
News CEMM's acquisition of White Stork follows its eight-figure deal with pop songwriter and producer Jamie Hartman in May
News News arrives more than a year after Stem raised $20 million in a new round of funding
News Karta has delivered projects on platforms like Roblox, Fortnite, and Decentraland
News Silverman is one of three book authors suing OpenAI and Meta
News The venture will sign and develop new artists