The National Association of Broadcasters President has pushed back against the idea of recording performance royalties for radio. LeGeyt argues that the AMFA could place financial strain on local radio stations, especially as global digital competitors with consumer subscriptions to cover royalty expenses continue to draw attention away from radio.
Source: NAB President Pushes Back on Recording Performance Royalties
The tentative deal on a new Basic Agreement includes additional benefits plan funding and AI protections, according to a memo to IATSE members. The tentative Basic Agreement — which comes more than a month before the current contract was due to expire on July 31 — will calm fears of another industry shutdown so soon after last year’s double strikes.
Source: IATSE, AMPTP Reach Tentative Agreement on New Contract
Beat Galaxy on Roblox is architected to become a virtual epicenter for a wide range of UMG labels and artist integrations. The Rolling Stones’ takeover will transform the ever-changing virtual world into an immersive experience that embodies the iconic art, styles, and influences from the band’s illustrious career. Users will be able to play a track0runner game featuring the band’s famous hits, compete for prizes, and visit a 24/7 virtual club and social hub.
Over 50 music organizations have thrown their support behind the Principles for Music Creation with AI, a campaign spearheaded by Roland Corporation and Universal Music Group to safeguard musicians’ rights in the era of generative AI. Introduced in March, these principles provide a framework for the responsible use of AI in music creation, emphasizing the protection of the “human spirit” and creativity in music.
Given the podcast titles that typically top the charts, you might assume that true crime and chat shows are the most popular podcast genres in the world. However, according to MIDiA’s recent report, “Defining podcast taste: The universal appeal of music, news, and comedy”, these genres are actually some of the least popular globally. There is only one podcast genre for which global audiences indicate universal preference: music.
Source: The verdict is in: Music is podcasting’s biggest missed opportunity
Reps. Ted Lieu and Adam Schiff, both Democrats from California and members of the House Judiciary Committee, along with Sen. Marsha Blackburn, Republican of Tennessee sent a letter to U.S. Register of Copyrights Shira Perlmutter last week raising “serious questions” as to whether Spotify is abusing the collective licensing system for mechanical rights by bundling its previously standalone audiobook service into its premium music subscription tier. The bundling arrangement has the effect of lowering the royalty rate Spotify pays to music publishers and songwriters under the terms of the most recent rate-setting agreement adopted by the Copyright Royalty Board.
Microsoft, Google and other rivals raced ahead, and jittery with anticipation that the House that Jobs built would soon announce a category-redefining advance of the technology.
What they got at this week’s Worldwide Developers Conference was a clearly articulated but hardly revolutionary implementation of existing AI tools and use cases wrapped up into a very Apple-centric strategy, right down to the attempted rebranding of “artificial intelligence” as “Apple Intelligence.”
You can find the details on Apple Intelligence here. But the main goal of the strategy seems to be to turn AI into an iPhone feature rather than a standalone product or service. Its hallmark is to keep as much AI processing as is possible on the phone itself, which it does largely by limiting what you can do with Apple Intelligence.
Officially launching this summer, MicDrop is a real-time (AU, VST3, AAX) plug-in compatible with all major digital audio workstations (DAWs). UMG and SoundLabs’ collaboration will enable UMG artists to create custom vocal models that will be available for their exclusive creative use cases, and not available to the general public.
Source: SoundLabs and UMG Announce Agreement for AI Voice Modeling
Suno recently said 12 million people have used its platform in the less than a year that it’s been available. Now the company is taking a major step towards building a community – and towards making music creation on its platform commercially viable for its users: it’s launched a program to pay out its most popular music creators.
Source: After raising $125m, AI music generator Suno is now paying its most popular creators
For a hot second there, Adobe enjoyed a unique niche within the generative AI industry thanks to its Firefly AI and Stock image hosting platform, which was trained on the company’s proprietary and “commercially safe” dataset of licensed images. Now, Getty Images is getting in on the game and launching a rival model. PicsArt, the AI-powered online image and video-editing service, announced that it will be partnering with Getty to build and train a generative AI based on Getty’s exclusive library of photo and video content.
Source: Adobe’s Firefly AI is getting competition at the worst time | Digital Trends