Startups need to understand (and respect) music and music’s value more, but equally copyright owners need to stop putting unnecessary obstacles. The startup world is predicated on the most terrifying failure rates. Even if they raise money, they are often handing over too much equity and will hand over even more to raise the next funding round; and if they need to license music, the deals are always in the labels’ and publishers’ favour and can be pulled when the short licensing terms expire.
Source: Merlin CEO Jeremy Sirota: “Licensing has always been too restrictive”
Veen Bosch & Keuning, the largest publisher in the Netherlands, has confirmed plans to trial the use of artificial intelligence to assist in translation of commercial fiction.“There will be one editing phase, and authors have been asked to give permission for this,” a VBK spokesperson told the Bookseller. “We are not creating books with AI, it all starts and ends with human action.”
US collective management organization ASCAP and French counterpart Sacem have announced a new strategic partnership that will see the two CMOs share technologies, extend a digital licensing partnership, bring their member creators together, and launch a new AI task force. The new partnership, announced on Wednesday (October 30), builds on earlier strategic collaborations between the two, including a 2022 digital licensing partnership.
