Topic: music industry
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OpenWav's New App Is Fixing the Broken Music Industry
Wyclef Jean criticizes the current music industry as broken, citing unsustainable revenue from streaming services that offer minimal payouts to artists. OpenWav, a new platform, aims to empower artists by providing direct-to-fan monetization tools for releases, merchandise, and events, allowing t...
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Tiny Vinyl: The Pocket-Sized Record for the Spotify Era
The vinyl market is experiencing a revival, valued at over $2 billion annually, with Tiny Vinyl emerging as a new 4-inch format aimed at collectors and music enthusiasts. Tiny Vinyl was developed by Neil Kohler and Jesse Mann, leveraging their backgrounds in toy development and the music industry...
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Spotify and Labels Team Up for Artist-Focused AI Music
Spotify has partnered with major music labels like Sony, Universal, Warner, and Merlin to develop AI tools that ensure artists are fairly compensated and retain control over their work. The initiative allows musicians to decide if their music can be used in AI-generated tracks and guarantees they...
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Record Labels Sue Suno AI for Allegedly Stealing Songs from YouTube
Major record labels have escalated their lawsuit against AI startup Suno, accusing it of pirating music from YouTube to train its AI models through unlawful "stream ripping." The lawsuit alleges Suno violated the Digital Millennium Copyright Act by circumventing YouTube's encryption technology, w...
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Spotify Partners with Labels on 'Responsible' AI Music Tools
Spotify is collaborating with music industry partners to develop responsible AI music tools through upfront agreements, ensuring alignment and cooperation from the start. The platform emphasizes giving artists and rights holders genuine choice in participating with AI, respecting their decisions ...
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AI-Generated Artist's Record Deal Sparks Copyright Chaos
A multi-million dollar deal for the AI-generated artist Xania Monet highlights a legal gray area, as current copyright law protects only human-authored elements like lyrics, leaving AI-created music and vocals potentially in the public domain. The deal raises questions about its value, as the lac...
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Hollywood's AI Dilemma: An Industry in Crisis
A deep divide exists between Silicon Valley and Hollywood over AI's integration, with the entertainment industry facing a critical juncture as AI threatens business models and intellectual property rights. Tech leaders like OpenAI's Sam Altman promote AI as a creative tool for deeper audience eng...
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