News Metaverse studio Karta receives $1.1m funding from music and gaming industry players Karta has delivered projects on platforms like Roblox, Fortnite, and Decentraland
Analysis News TikTok launches premium-only ‘TikTok Music’ streaming service – and it’s licensed by all three majors TikTok launches Spotify rival in Brazil and Indonesia
Analysis TikTok’s parent has launched an AI music making app. What might this mean for the video platform’s music licensing talks? How might the launch of Ripple, an AI-powered music making app, play into the short-form video platform's future licensing negotiations
Analysis News Meet Ripple: TikTok parent’s new AI-powered music-making app that can turn a hummed melody into a song ByteDance's free-to-use music production app features: a 'Melody to Song' generator and a virtual recording studio
News Motown Records strikes metaverse partnership with Second Life and music for games platform STYNGR Partnership includes virtual venue and dedicated Motown Records radio station in Second Life curated by Motown and STYNGR
News Warner Music Group ventures into games publishing with ‘Invector: Rhythm Galaxy’ WMG parters with game studio, Hello There Games
News Meta just released an AI music generator that was trained on 20,000 hours of licensed music Researchers at Facebook's parent company have developed an AI text-to-music generator called MusicGen
Analysis News There are now 120,000 new tracks hitting music streaming services each day A total of 10.08 million new songs uploaded to the likes of Spotify, YouTube Music and other music streaming services in the first three months of the year alone
News Warner CFO Eric Levin: music streaming business is ready for recurring price increases Exec discussed streaming prices during a Q&A session at JPMorgan’s Global Technology, Media and Communications Conference on May 22
News Apple adds concert discovery features to Apple Maps and Apple Music Apple Music expands music curation efforts into the live music space
Analysis Blog Why the power of AI may hold the key to distributing wealth throughout the music industry (Part 2) This MBW op/ed comes from Ran Geffen, founder of XR connect development agency OMR and CEO of Amusica Song Management in Israel.
News Google trained ‘experimental AI’ to generate high-fidelity songs from text prompts. Now it’s available to the public Model was trained on five million audio clips, amounting to 280,000 hours of music at 24 kHz
News Abbey Road Red tech startup XONE launches metaverse experience for British band easy life Easy life are signed to Universal Music Group's Island Records UK
News After China’s Government moves to regulate AI, TikTok sister app Douyin issues new rules for AI-generated content The use of AI to create copyright-infringing content is not allowed
News SoundCloud, Merlin strike global deal to bring fan-powered royalties to indie labels SoundCloud introduced its “fan-powered royalties” model in April 2021