November, 2021

The ‘Pulp Fiction’ NFT fight isn’t really about NFTs

Although the dispute is fascinating, it may not turn out to be a landmark case for copyright and trademark law in the NFT age. Aaron Moss, an intellectual property attorney at Greenberg Glusker who’s an expert in entertainment cases, wrote in a blog post that this wasn’t really much of a copyright dispute at all and didn’t even have all that much to do with the weird nature of NFTs. It’s more a matter of interpreting Tarantino’s contract.

Source: The ‘Pulp Fiction’ NFT fight isn’t really about NFTs

Live Theater Is Back. But a New Broadway Play Will Stream, Too.

The coronavirus closures prompted many theaters around the country to experiment with online offerings. Now, even though theaters have reopened, a new Broadway play is planning to try streaming some performances. Second Stage Theater, a nonprofit that operates a small Broadway house, plans to sell a limited number of real-time, virtual viewings in January.

Source: Live Theater Is Back. But a New Broadway Play Will Stream, Too.

More than Joe Rogan: Inside Spotify’s audio revolution

As Spotify steadily acquires audio content companies and distributors (such as Anchor and Gimlet, which it bought in 2019 for $340 million), and pushes out new features like live audio, paid subscription, video, polls, and other modes of personalization and interactivity, the company is setting out to become not only the biggest podcast platform in the world, but also the most transformative.

Source: More than Joe Rogan: Inside Spotify’s audio revolution

Spotify debuts a ‘Netflix Hub’ featuring music and podcasts tied to Netflix shows and movies

Looking for the soundtrack from your favorite Netflix show? Now, it will be easier to find thanks to an expanded partnership between Netflix and Spotify. The streaming music service today introduced a new “Netflix Hub” on its app, which will offer a centralized place for finding the official soundtracks, playlists and podcasts for top shows and movies on Netflix.

Source: Spotify debuts a ‘Netflix Hub’ featuring music and podcasts tied to Netflix shows and movies

 ‘No Time to Die’ May Be the Year’s Highest-Grossing Hollywood Movie, But It Could Still Lose Millions

Over the weekend, “No Time to Die” eclipsed $730 million in global ticket sales, making the James Bond sequel both the year’s highest-grossing Hollywood film and the top performing film since COVID-19 appeared. However, the movie cost more than $250 million to produce, at least $100 million to promote and tens of millions more to postpone over 16 months. Insiders say “No Time to Die” needs to make closer to $900 million to break even, a feat that would have been realistic had a global health crisis not entirely upended the theater industry.

Source: Covid-Era Conundrum: ‘No Time to Die’ May Be the Year’s Highest-Grossing Hollywood Movie, But It Could Still Lose Millions

Sony Music buys $100m of shares in NetEase’s music service

Chinese technology giant NetEase Inc. has confirmed that its subsidiary Cloud Village – which operates music streaming service NetEase Cloud Music – will list on the Main Board of the Hong Kong Stock Exchange on December 2 under the symbol “9899.HK.” A pre-IPO prospectus reveals three “cornerstone investors” are backing Cloud Village’s listing: current parent company NetEase, Orbis Investment Management Limited, and last – but definitely not least – Sony Music Entertainment.

Source: Sony Music buys $100m of shares in NetEase’s music service; Chinese platform’s IPO set for December 2

Synchtank raises $5.8m in Series A funding round led by Octopus Ventures

The round was led by Octopus Ventures, with participation from existing management and shareholders. Synchtank’s latest investment round follows a total of $750,000 seed funding from management, shareholders, and Juno Capital Partners in 2020, bringing the total raised in the past year to $6.6 million.

Source: Synchtank raises $5.8m in Series A funding round led by Octopus Ventures

Music Marketplace Nina Wants to Be a Bandcamp for Web 3.0

For years, crypto believers have been trying to put music “on the blockchain.” And while startups and investors say there’s potential, many artists – at least so far – remain unconvinced. Some services have taken a shot, but most are geared toward artists already immersed in blockchain tech. What about musicians who are put off by crypto, who just want to get paid for their work? Enter Nina, a new digital marketplace for music in the vein of Bandcamp and Discogs.

Source: Music Marketplace Nina Wants to Be a Bandcamp for Web 3.0

NFT marketplace Particle makes bid to revolutionise ownership of fine art

The platform enables fine art enthusiasts to own “some of the world’s greatest masterpieces” by collectively participating in the art market via the ‘Particalise’ process, which involves splitting art into 10,000 unique NFTs, or ‘Particles’. The ‘Particalise’ process means that each piece has its title deeds stored on the Blockchain, with buyers receiving a digital certificate, or collector’s card, to represent their ownership of the painting.

Source: NFT marketplace Particle makes bid to revolutionize ownership of fine art

AI-powered music platform Aimi raises $20m in Series B funding round

Aimi says that its platform offers listeners “endless, bespoke experiences” created by DJs and producers “in collaboration” with the platform’s artificial intelligence. Following a limited free period this fall, the premium service of Aimi+ will shift to a paid model, using blockchain technology and smart contracts to administer royalties and revenue to artists using the platform.

Source: AI-powered music platform Aimi raises $20m in Series B funding round

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