Apple has acquired classical music streaming service Primephonic, the company announced in a statement on Monday. The terms of the contract are not disclosed. The acquisition adds to Apple Music’s growing library of more than 75 million songs and builds on the platform’s existing classic music content. Spotify is closeRead More →
Founders Fund and Paradigm are leading an investment in a platform that aims to marry music rights with NFTs, allowing users to buy shares of songs in the company’s marketplace, earning royalties as music in which they have invested is gaining popularity. The company, called Royal, is led by JustinRead More →
After studying the copyright landscape, the US Copyright Office (USCO) unveiled what it thinks are best practices for the Mechanical Licensing Collective, nearly 160 pages long. USCO just released “Unclaimed Royalties: Best Practice Recommendations for the Mechanical Licensing Collective,” a list of operational recommendations for the MLC, which has absorbedRead More →
Kanye (or “Ye”, so to speak) is going all out to promote his upcoming tenth studio album, “Donda” (named after his late mother, Donda West). In July, there was a huge listening party at Mercedes-Benz Stadium in Atlanta (where he also took up residence in a locker room). Meanwhile, forRead More →
Spotify (NYSE: SPOT) and Tencent Music Entertainment (NYSE:TME) are two of the largest streaming music companies in the world. Spotify, which is based in Sweden, serves 365 million monthly active users (MAUs) in most of the world, but does not operate in mainland China. Indeed, Tencent Music, which hosts 623Read More →
Spotify (NYSE: SPOT) and Tencent Music Entertainment (NYSE: TME) are two of the world’s largest music streaming companies. Spotify, which is based in Sweden, serves 365 million monthly active users (MAU) in most countries around the world, but does not operate in mainland China. This is because Tencent Music, whichRead More →
If viral TikTok songs like “Where’d All the Time Go?” of Dr. Dog? or Bo Burnham’s “Bezos I” weren’t already stuck in your head on repeat, now they might be. Today, SiriusXM launched a TikTok Radio channel, which features TikTok creators as channel hosts. The station is designed to soundRead More →
What happened Shares of Tencent Music Entertainment Group (TME -3.85%) fell 12% on Tuesday after the online music platform released its second-quarter financial results. So what Tencent Music’s revenue grew 15.5% year-over-year to $1.2 billion. The gains were driven by a 40.6% increase in the number of paid online musicRead More →
A Home Depot branded bucket at a Home Depot store in Hercules, California, U.S., on Monday, February 22, 2021. David Paul Morris | Bloomberg | Getty Images Find out which companies are making headlines in the midday business. Home Depot – Shares of the home improvement retailer fell more thanRead More →
The Hackathon Weekend Edition # 2 – The Last Hacker Standing music genre classification was successfully completed on August 12, 2021. The challenge was to create an evolving music genre classification model that generalizes well to unpublished data. It had almost 300+ participants and over 120+ actively competing in theRead More →