As publications fight for increasingly thin slices of advertising budgets and the subscription model for news sites slowly stagnating, it’s more important than ever to maximize your publication’s content to bring in every bit of revenue possible. Many content creators and publications in Europe are overlooking the potential of content licensing to support their brands. The truth is, your existing content can – and should – generate income long after you publish it.
Source: Content licensing for publishers: Five key questions answered
Sweden-headquartered Epidemic Sound has acquired Song Sleuth, an AI music recognition startup, betting on AI to solve one of the music industry’s most persistent challenges: tracking and monetizing songs used in user-generated content online. Epidemic Sound said the acquisition paves the way for the launch of a new service called Aentidote aimed at identifying unclaimed and undistributed royalties from remixes, covers, and live recordings.
Apple was fined 500 million euros ($570 million) and Meta was fined €200 million ($230 million) for breaking the Digital Markets Act, which was adopted in 2022. The European law aims to keep big tech companies from abusing their position as digital gatekeepers that can unilaterally impose requirements on users and businesses.
The Washington Post, owned by Amazon founder Jeff Bezos, has gone into business with artificial-intelligence powerhouse OpenAI. Under the agreement, ChatGPT will display summaries, quotes and links to original reporting from the Washington Post in response to relevant search queries. ChatGPT will featur the Post’s content across politics, global affairs, business, technology and more, “always with clear attribution and direct links to full articles,” the newspaper said.