DistroKid Acquires Bandzoogle; JKBX Goes Live; Stability AI Debuts AI-powered Music Generator

1789 | Your Daily Dose of Music Streaming News

Sep 14, 2023

While non-DistroKid artists can still use Bandzoogle, with the acquisition, distributed artists can now power digital, physical, and on-demand merch and music sales from within the DistroKid ecosystem.

Stability AI, gunning for a hit, launches an AI-powered music generator

Dance Diffusion was Stability AI’s first foray into generative audio, and it signaled a meaningful investment — and acute interest, seemingly — from the company in the nascent field of AI music creation tools. But for nearly a year after Dance Diffusion was announced, all seemed quiet on the generative audio front — at least as far as it concerned Stability’s efforts.

Spotify launches new paid-for ‘Showcase’ recommendation tool, starting at $100 per promo campaign

Spotify is generating less than USD $5 million per day from advertising. YouTube is generating $84 million per day. Meta is generating $346 million a day.

Beatport-owned LabelRadar partners with Defected, giving label access to artist demo submissions

Through this partnership, Defected Records’ A&R team will gain access to LabelRadar’s demo submission process, allowing aspiring artists worldwide to showcase their work to key decision-makers in the music industry.

Believe says it’s distributed €700 million in royalties in APAC region, as it marks 10th anniversary of expansion into Asia

France-headquartered Believe has built itself into one of the world’s largest music companies in no small part by capitalizing on the rapid growth of Asian markets.

JKBX goes live, featuring listings to reserve shares in royalties from hits by Beyoncé, Ed Sheeran and more superstars

The platform’s arrival in the music business has been talked about a lot this year, with the company announcing in a press release last month that it is aiming to “become a transformative force in music and investing”.

Amazon Music joins Apple Music in TikTok's test of streaming links

Users could tap an ‘Add Song’ button on a video that used music in TikTok, and add that song to their library on Apple Music. TikTok confirmed at the time that this was a test. Now Amazon Music appears to be part of it too.

— Round Hill Music buys Austin-based Rident Royalties, adding 1,000 new clients to Sound Hill neighbouring rights platform

— What's On TV? Radio, Of Course

— amp sound branding Wins 13 Red Dot Awards for Brand & Communication Design

— Britons charged more for music streaming than any other country

— Abba Star Helps YouTube Grapple With AI Music

— TikTok fires back at suggestion it’s hurting paid-for music streaming growth in France

— A guide on Sampling Music for beginners

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