B2B music streaming technology specialist Tuned Global has struck a deal with Reactional Music to act as the music backend provider for the Reactional Music Box – the company’s global music delivery platform for games development and consumer markets. What this means in practice, is that Tuned Global will now power the delivery of a rights-cleared music catalog from rightsholders, record labels and artists to Reactional Music’s platform.
Crypto and NFT-sponsored panels, parties and events are everywhere on the Croisette this year. Even the lead sponsorship of Cannes’ May 26 amfAR Gala comes from cryptocurrency exchange platform FTX. The tech start-ups crowding into Cannes this year have new buzzwords — “NFT,” “metaverse,” “Web 3.0” — but their promise to revolutionize and democratize the movie business sounds eerily familiar.
DeviantArt Protect, which launched last year for art posted on the site, will now be available for work that isn’t hosted there as well. Users can upload copies of art to Protect and have it matched against non-fungible token (or NFT) images minted to one of several public blockchains. If an identical or near-identical match is detected, they’ll receive an alert and can send takedown requests to major NFT markets like OpenSea.
Software available right now from the Microsoft Store claims to allow Netflix, Amazon Prime, HBO, Disney+ subscribers and more to download movies and TV shows to their own machines, as a permanent DRM-free copy. In itself this raises legal issues but buried away in the software’s fine print is something that all prospective users should know about.
The British Museum N.F.T.s launched at a time when fewer people could physically access the museum because of the pandemic. “They realized that N.F.T.s were perfect marketing tools to reach these communities they were not reaching so far,” Beaucamps said. The museum gets a commission on each N.F.T. sale as well as a percentage of the secondary-market fees.
Web3 is poised to shake up every stage of film production, from financing through to distribution—and there are filmmaking pioneers already making use of Web3 to fix long-standing problems with the industry. Cryptocurrency and blockchain are intertwined with the world of finance, so it’s not surprise the first area where crypto has made its presence felt is in raising funds to produce films.
Throughout history, Congress has established expert agencies to oversee important parts of the American economy — from agriculture to drugs to railroads. Now amid growing concerns about the power of Silicon Valley, a Democratic senator suggests reforming current institutions isn’t enough: a new federal watchdog is needed to regulate the country’s most influential tech companies.
Tesla billionaire and future Twitter owner Elon Musk says he’s “very much on the same page” as the European Union about the Digital Services Act. Musk appeared in a short video alongside EU Commissioner Thierry Breton to confirm his support for the DSA, which — among other things — requires large platforms to police illegal content and assess the risk of harm their services pose, including from disinformation.