Share this postPlatform & StreamHow AI is Reshaping the Music Business Globally; Spotify Readies New Podcast About The ClashCopy linkFacebookEmailNotesMoreHow AI is Reshaping the Music Business Globally; Spotify Readies New Podcast About The ClashPlatform & StreamFeb 12, 2019Share this postPlatform & StreamHow AI is Reshaping the Music Business Globally; Spotify Readies New Podcast About The ClashCopy linkFacebookEmailNotesMoreShareThe fourth industrial revolution is in full effect, and companies, particularly in the music business, need to prepare a new set of strategies if they are to adapt and take full advantage of AI’s wave of change.It was clear last week just how much welly Spotify is willing to put behind podcasts in the year ahead, with up to $500m earmarked for acquisitions of tech and content – including its deals for Gimlet Media and Anchor.Streaming has changed the way people consume music, and it may be changing the way songs are written. Researchers and songwriters alike observe that songs that do well on streaming have shorter instrumental intros and get to the chorus faster, to hook the listener as soon as possible.Musiio has raised a $1 million seed round to continue development of its use of artificial intelligence (AI) which brings Spotify-like discovery and curation tools to other music services and AI driven A&R tools to labels and other music companies.Ariana Grande's newest album, 'Thank U, Next,' has already set multiple records on Apple Music following its release on Friday (Feb. 8).Marshmello's digital concert inside video game Fortnite over the weekend drew upwards of 10 million virtual attendees, according to initial estimates -- and the masked DJ's virtual stint appears to be paying off in reality, too.Spotify paid subscribers are up 36% over last year. The company also announced the acquisition of Gimlet Media and Anchor.Ahead of Sunday's Grammy Awards, Spotify Music Head opens up about muting artists and the power of the curated playlist.What music fans are spending money on every month – and how it's going to evolveRappler talks to Spotify Southeast Asia's top execs about the streaming platform's success, Filipino music, and why love songs matter.Shiri is a new music app launched by the National Library of Israel, with a catalogue of more than 400k tracks by Israeli artists.PreviousNext