Noctil Creates a Symphony of Metadata Management; Music Creation Platform Splice Acquires Spitfire Audio
2137 | Your Daily Dose of Music Streaming News
Noctil Creates a Symphony of Metadata Management
Jacob Varghese, the Founder & Director of Noctil, started the company to fix the inefficient systems and processes that cause delayed or lost royalty revenue in the music and audiovisual industries.
Music creation platform Splice acquires Spitfire Audio
The acquisition marks Splice’s entry into the fast-growing plugin space, adding to the company’s Splice Sounds subscriptions and rent-to-own businesses. The plugin market alone is valued at $640 million, while the wider music software and services sector exceeds $7 billion.
Spotify set to hike prices across Europe, Latin America, following 18% price rise in Netherlands
That’s according to the Financial Times, which reported over the weekend that Spotify plans to implement price hikes equivalent to about EUR €1 ($1.14) on monthly individual subscriptions throughout Europe and Latin America as early as June.
Australian Radio Station Secretly Used an AI Host for Six Months
The ‘Workdays with Thy’ show presented music for four hours a day from Monday to Friday, but did not mention on its website or promotional materials that Thy was not a real person.
Hybe’s ‘Medellín Music Lab’ will develop Colombian artists
Hybe is launching an artist incubator in the Colombian city of Medellín, in partnership with its Youth Secretariat.
In-Car Video Is Becoming a Priority for Consumers
Xperi says automakers need to prioritize content, not just screens.
Tencent Music in talks to buy podcasting company Ximalaya
A $2.4bn deal could make Tencent Music the latest giant in podcasting – in China at least. It is in talks to buy Ximalaya.
Only 17% of Music Creator College Students Are Familiar With The MLC, Survey Finds
A survey of 150 music creator college students from across the United States reveals that 93% of respondents have never seen any information from The Mechanical Licensing Collective. Just 17% were able to correctly identify the function of the Collective among several multiple choice options.
Can Radio Afford To Miss The Short Videos Boat?
Everywhere you look these days, short-form videos are dominating media trends.
Bookr.fm is making an ‘intelligent assistant’ for festival curators
Belgian startup Bookr.fm started life as a software-as-a-service (SaaS) platform built for festival bookers, but now it is evolving.
Doja Cat Avatars Now Available for Purchase On Meta Horizon Worlds’ Music Valley
Meta introduces three Doja Cat avatars for purchase and use in its VR Horizon Worlds.
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