Spotify has introduced a revamped artist profile design on its mobile app, featuring three distinct tabs for music, events, and merchandise. The move aims to better connect fans with artists and enhance revenue generation opportunities. The new design showcases concert tickets and merchandise in dedicated tabs, streamlining the shopping experience for fans and enabling artists to boost their earnings on the platform.
Meta has launched an expanded suite of generative AI elements for ad creation, encompassing text variations, background generation, and image expansion tools. These elements leverage generative AI to offer enhanced creative options, such as suggested post captions, alternative image backgrounds, and generated visuals for various ad formats.
Deezer’s recently unveiled ‘artist-centric’ payouts model has garnered a range of responses from individuals and organisations within the independent music sector. While some aspects of the plan have been praised, concerns have been raised about potential adverse effects on smaller and emerging artists, as well as reservations about its co-design with Universal Music Group (UMG). However, France-based independent label Wagram Music has surprisingly signed an agreement with Deezer to participate in the new model set to launch this month.
The potential sale of BMI is raising significant concerns among professionals, particularly songwriters and publishers. The multi-billion-dollar price tag associated with this sale has triggered questions about how it may impact writers and their earnings. If BMI transitions into a for-profit entity under private equity management, there is apprehension that profits might be prioritized over payouts to songwriters, potentially reducing their income.
The Francis Haugen testimony has etched a transformative juncture in the annals of social platforms, heralding an era where their unchecked ethos of “build fast and break things” met the watchful gaze of users and regulators alike. MIDiA, a longstanding observer of these dynamics, underscores the gradual metamorphosis towards a new paradigm, propelled in part by the ascendant force of artificial intelligence (AI).
Warner Music Group (WMG) CEO Robert Kyncl has voiced support for providing artists and songwriters with ‘personality rights’ protection, which would allow them to take legal action against unauthorised deepfake tracks and chatbots using their names, images, likenesses, and AI-cloned voices. Speaking at the Code conference, Kyncl emphasised the need for such protection, comparing it to copyright safeguards. He acknowledged that it might take time to establish these protections but expressed a commitment to working collaboratively with distribution platforms to address the issue.
As 2023 nears its end, the role of artificial intelligence (AI) in the music industry is still evolving and 2024 promises to be a critical year in shaping this landscape. To delve into the emerging rules and regulations surrounding AI, Digital Music News (DMN) has organised a mini-conference featuring prominent music industry figures.
A group of music publishers have submitted another filing in their ongoing legal battle with X, formally known as Twitter, hitting back at the social media firm’s motion for dismissal.
OpenAI is introducing significant changes to ChatGPT, expanding its capabilities beyond text-based interactions. In the next two weeks, subscribers will gain access to features that enable voice prompts and image-based queries, with a wider release slated for the near future.
TikTok has reported its financial results for its European and international business for the fiscal year 2022, which ended on December 31. It reveals a remarkable turnover of $2.618 billion over the 12-month period. This figure represents an impressive YoY growth of 164.3%, significantly up from the USD $990.46 million reported in 2021.
