Peter Chernin wants to spin Spotify’s podcasts into TV and movie gold. Spotify and Chernin Entertainment have formed a multiyear partnership to adapt the audio streamer’s original podcasts for television, film and digital video. Under the first-look deal, the two companies will collaborate 50-50 on investing in developing new projects.
The trade organization doesn’t collect money for performers and it doesn’t represent neighbouring rights for them. What it does do is every bit as important: offering guidance, education and advice about neighbouring rights for performers and rightsholders, within a community comprised of some of the music business’s biggest names.
The patent – which you can read in full through here – is for AI-powered marketing technology. According to Ingrooves, it exclusively secures the company the rights for a proprietary method of using artificial intelligence to “detect significant shifts in audience engagement and identify high-value streaming audiences”.
Hipgnosis Songs Fund hit a major milestone in its native UK last month with its market cap soaring above GBP £1 billion for the first time – just over two years after going public on the London Stock Exchange. Today (September 24), the aggressively acquisitive company, has hit another impressive financial landmark – raising more than £420m ($535m) in the past two months alone.
The causes of unstreamableness vary. For films made before digital distribution existed, it can be unclear who owns streaming privileges. Restrictions on digital use of the music in a film can hold it back. For those who want to release older films in new formats, hunting down rights holders can become a Watergate-like investigation. After decades of mergers and acquisitions, the corporate owner of a film may not even know it’s the owner.
In a letter sent to the European Commission, a large group of anti-piracy organizations and copyright holders calls for stricter online identity checks. As part of Europe’s planned Digital Services Act, online services such as hosting companies, domain registrars, and advertisers, should be required to perform “know your customer” checks. This can help to combat all sorts of illegal activity including online piracy.
The battle over the European Union’s Directive on Copyright in the Digital Single Market was thought to be all over but the shouting. The final text of the directive was adopted by the European Parliament last year and the deadline for member countries to implement the directive in their local laws was set for June, 2021. All that was left was to figure out how member state legislatures, rights owners and digital platform providers would give it practical effect.
While auction sales overall were down 58.3 percent the first half of the year compared to 2019, the smallest decrease came at works that cost $10,000 and under, according to the fall Artnet Intelligence Report. Many online art sales, particularly on Instagram, are on the low end of even that spectrum.
As a society, we have become increasingly comfortable with the idea that AI can be applied to produce non-creative outputs, such as data processing and analytics. There has traditionally been resistance, however, to the notion that AI could parallel, or even come close to mimicking, the human imagination. However, there are a number of examples that demonstrate the creative capabilities of AI.
In the past year, fans have bought 5m digital albums, 2m tracks, 1m vinyl albums, 600k CDs, 300k cassettes and 250k t-shirts from Bandcamp for example – yes, there’s clearly some rounding of figures going on there – with more than 40% of buyers paying more than the asking price of items.