Category Archive : Industry

Musicians and creatives alike are adopting artificial intelligence at breakneck speeds—and we’re only at the beginning.  According to a study by TuneCore, 27% of musicians are using AI tools to create music. Additionally, 57% of respondents indicated they used AI to create artwork. While using the tech for fan engagement came in at a 20% […]

Spotify‘s price increase of its individual Premium plan is not sitting well with consumers or investors.  On Tuesday, July 25th, the Swedish streaming giant etched its second consecutive day of tumbling market losses after increasing the price of the plan from $9.99 to $10.99. The company’s stock dropped 11% on Tuesday, the largest single-day fall since […]

Music as an investable asset class has been the furthest thing from open, accessible and transparent. A privilege typically available exclusively to accredited investors and with little to no supporting infrastructure to determine valuation, investing in the illiquid music intellectual property market has historically been an exercise in cutting red tape and crossing ones fingers. […]

Create Music Group has announced the acquisition of Music For Pets and an upcoming $10 million roadmap to bring pet entertainment media to prominence, Music Business Worldwide reports. A press release issued by Music For Pets revealed that the startup already serves more than 20 million pets that collectively consume over 12 million hours of […]

The Recording Academy has gone public with its stance on AI: “Only human creators are eligible to be submitted for consideration for, nominated for, or win a GRAMMY Award.” The Academy’s new rules come at a time when the role of AI in the future of music creation has become a topic of consternation. Speaking […]

Major electronic dance music forums on Reddit have joined a coordinated blackout in regards to recent policy changes on the platform.  Reddit recently announced its plan to assess a controversial fee structure to third party developers leveraging the platform’s API, which has since drawn sweeping backlash from users and developers alike. Over 3,500 subreddits are […]

What does artificial intelligence mean for the future of music production? In a new survey, music producers weighed in on AI and whether the burgeoning field will be a friend or foe to their creative ends. Verses from the contentious AI Drake—among other artists—are blowing up on streaming services, while big tech innovators such as […]

Collaborative projects lead to significantly more streaming success on Spotify, new research from the platform indicates. They’ve now quantified the impact of collaborations, the releases of which lead to higher streaming numbers and more organic searches while expanding the artists’ reach in new locations. Spotify calls this phenomenon “The Crossover Effect.” “We took a look […]

U.S. performance-rights organizations ASCAP and BMI have teamed up to fight fraud associated with the registration of musical works. The task force will comprise a team of experts across copyright, technical, legal, business, distribution and product from the two organizations, according to Music Ally. The PROs also plan on working with other peers around the globe, […]