Participants of the Tech Media Telecom Pulse survey by HarrisX said that they want tech companies to be legally liable for content on their platforms and want more aggressive penalties for companies that experience data breaches.
Coalitions representing more than 670 companies from the entertainment sector has written to Congress urging a strong response to the Facebook privacy fiasco. The groups, which include all the major Hollywood studios and key players from the music industry, are calling for Silicon Valley as a whole to be held accountable for whatever appears on their platforms.
After an unusually harmonious hearing on April 18 before the Senate Foreign Relations Committee, the Senate is poised to pass the Marrakesh Treaty Implementation Act (S. 2559), which supporters say, if passed, will make hundreds of thousands of books accessible for the blind and print disabled.
Facebook has announced new multi-territory licensing deals with some of the most influential independent companies in the music industry. The key agreement, naturally, is with Merlin – the commercial agency which represents more than 20,000 independent record labels and distributors.
ASCAP announced record revenues and distributions of $1.14 billion in 2017. After 11% operating expenses this marks the first time that the 660,000 members of the performing rights organization have split revenue in excess of $1 billion.
Rare Bits wants to be eBay for the blockchain, where you buy, sell and trade non-fungible crypto-goods. After CryptoKitties raised $12 million from Andreessen Horowitz last month for its digital collectibles game, there’s been an explosion of interest in the space. But without a popular marketplace, it’s hard to find the goods you want at the right price.
There is an enduring fear in the music industry that artificial intelligence will replace the artists we love, and end creativity as we know it. But AI’s long-term impact on music creation isn’t so cut and dried. In fact, if we as an industry are already thinking so reductively and pessimistically about AI from the beginning, we’re sealing our own fates as slaves to the algorithm.
2017 was a stellar year for the recorded music business. Global recorded music revenues reached $17.4 billion in 2017 in trade values, up from $16 billion in 2016, an annual growth rate of 8.5%. But perhaps the biggest story of all is the growth of artists without labels. With 27.2% year-on-year growth this was the fastest growing segment in 2017.
Nowadays, robots are painting pictures, writing poetry and making music thanks to creative computing and although most of the professionals dedicated to the study of creative software, share that the copyright of the works would actually belong to the person who created the software, the possibility that robots become more independent entities and that develop intentionality is also being opened to debate.