It’s been a big, big year for the music industry, with roughly $4 billion plowed into catalogs and white-hot startups in the last quarter alone. But who’s gonna thread the disparate pieces of this industry together and unlock all that value? Among those looking to supercharge the industry’s future growth is Songtradr, a company rooted in sync that now touches diverse disciplines like superfandom, catalog licensing, indie music development, and music strategies for major brands.
Source: In-Depth: Songtradr Chief Revenue Officer Paul Langworthy
Silicon Valley’s biggest companies are already planning to pour $400 billion into artificial intelligence efforts this year. They all say it’s nowhere near enough. “We’ve been short [on computing power] now for many quarters. I thought we were going to catch up. We are not. Demand is increasing,” said Amy Hood, Microsoft’s chief financial officer. “When you see these kinds of demand signals and we know we’re behind, we do need to spend.”
