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YouTube launches Music AI Incubator in collaboration with Universal Music Group
In a recent announcement on August 21st, YouTube has revealed its plans to create a Music AI project.…
Roposo & The Dharavi Dream Project partner to showcase emerging hip hop talent
Roposo announced a special collaboration with The Dharavi Dream Project (TDDP) on International Hip Hop Day. Through this…
Record labels sue Internet Archive over Copyright Infringement for digitized music collection
Major record labels, including Universal Music Group and Sony Music Entertainment, have taken legal action against the nonprofit…
Google & Universal Music in talks for AI-Generated music licensing
Google and Universal Music are currently in discussions to finalize an agreement concerning the licensing of artist voices…
Big Bang Music collaborates with Sony Music Publishing to expand global reach
Big Bang Music has entered into a strategic agreement with Sony Music Publishing (SMP). This collaboration entails SMP…
Wynk Music teams up with Dolby Atmos for enhanced listening experience
Music streaming app, Wynk Music, has partnered with Dolby Laboratories to introduce Dolby Atmos® to its users without…
Spotify’s Q2 2023: Surging Users, Subscribers, and €3.2B Revenue
Streaming platform Spotify has released its financial performance report for the second quarter of 2023, highlighting significant accomplishments…
Meta launches AudioCraft – generative AI tool for audio and music
Meta introduces AudioCraft, a significant advancement in AI-driven audio innovation. This technology allows users to create high-quality audio…
Believe Music reports strong revenue growth of 17.9% in first half of 2023
Believe, a music company based in Paris, has released its financial results for the first half of 2023.…
Goldman Sachs Research predicts major structural shift in the music industry
The music industry is bracing for significant changes, according to the latest research from Goldman Sachs. One crucial…