Splice Supercharges Mobile Experience; Warner Music Group Plans Bid to Acquire Believe; Spotify Hikes Prices in France
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Splice Supercharges Mobile Experience, Empowering Musicians to Create Anytime, Anywhere
Splice Mobile is now available across iOS and Android, empowering users to browse, audition, and create from the Splice library of sounds, featuring over 300 instruments across 140 unique genres of music.
Spotify to increase subscription prices in France to ‘offset’ new music streaming tax
This decision comes after months of contention between the company and the French government, with Spotify arguing the tax unfairly burdens consumers and hinders its ability to operate in the market.
Warner Music Group plans bid to acquire Believe
WMG’s offer would value Believe at around €1.7 billion. The share price closed at €15.52 yesterday, which would give Believe a market capitalisation of €1.6bn. Believe was founded in 2005 by Denis Ladegaillerie. It posted a strong performance in 2023, including organic growth of 14%.
Spotify Executive On The Importance Of Storytelling In The Music Business
Spotify Chief Public Affairs Officer Dustee Jenkins sits with Forbes Assistant Managing Editor Steve Bertoni to talk about the music streaming giant, her career and the value of brand storytelling.
TikTok’s next licensing headache is the expiry of its NMPA deal
TikTok has been removing all recordings written or co-written by songwriters signed to Universal Music Publishing Group.
Muserk’s Blue Matter Delivers Upgrade to Rights Management
Blue Matter reduces bottlenecks in various stages of a copyright’s lifecycle, beginning with rapid ingestion on a massive scale.
Endel, a German company founded in 2018, has been described as “the first-ever algorithm to sign a deal with a major label.” Unlike music companies that use generative AI to write new songs, Endel is a standalone subscription service that uses AI to create ever-shifting “wellness soundscapes” that dynamically adapt to information such as the weather, time of day, and listener’s heart rate.
Coachella and OpenSea launch new ‘Keepsakes’ festival NFTs
The key here is physical benefits, not just digital artwork. Buyers will get access to VIP lounges and areas at the festival; limited-edition merchandise and more.
Music AI startup Hook expands seed funding round to $3.5m and forms advisory board amid private beta
New York-headquartered music AI technology startup Hook, which is developing tech to enable fans to legally remix popular music for social media use, announced today that it has secured additional investment, bringing its total seed funding round to $3.5 million.
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