Author name: admin

Rostrum Pacific, the recently-formed parent company of indie label Rostrum Records, announced on Thursday (January 25) that it has acquired indie hip-hop distributor and e-commerce retailer Fat Beats. The company announced at the same time that it has hired two Universal Music Group (UMG) veterans – Kevin Engler and Bobby Israeli – to key positions at the company. Engler, who spent […]

The use of AI as a creative tool for making music has left the fringes of the music business and is quickly entering the mainstream. In November, Google-owned YouTube launched a new ‘experiment’ for Shorts called DreamTrack that lets creators produce music featuring the AI-generated voice and style of a few superstar artists including Alec Benjamin, Charlie Puth, Charli XCX,

Warner Music Group has launched a new headquarters and creative hub in Rio de Janeiro, Brazil. The new hub brings the operations of Warner Music Brazil, Warner Chappell Music Brazil, and ADA Brazil under the same roof. Dubbed ‘Warner Music Space’ the new Brazil HQ includes various creative areas, including studios, lounges, workstations, an acoustic performance stage, and

New York-headquartered Alpha Wave Global’s investments to date include the likes of Uber, Alibaba Group, DealHub, Lyft, and Revolut. The company, which has strong ties to capital sources in the United Arab Emirates, is also a backer of companies owned/part-owned by Elon Musk, including The Boring Company, SpaceX, and the platform-formerly-known-as-Twitter, X. Now, Alpha Wave (AW) has revealed another investment: music company Gamma. AW invests capital

Universal Music Group (UMG) is launching ‘UMusicLift,’ a dedicated online hub designed to accelerate and connect music-related startups and entrepreneurs. The hub was unveiled by Kristen Cullen Bender, UMG’s Senior Vice President of Digital Innovation Strategy and Business Development, at the Music Ally Connect conference on Tuesday (January 23). UMusicLift will serve as the online hub for Universal

A new music streaming app for unsigned artists called Insidr Music is set to launch this year and the startup claims that its direct-to-fan subscription model could see artists earn “4,000% more than other music streaming platforms”. Insidr says that it is inspired by the success of creator-centric platforms like Patreon and Substack, and takes aim at the

BMG is planning to increase investment in its US record labels as it “doubles down” on its North American operation, which, it reports, already accounts for more than 50% of its revenue. BMG’s entire business – including recorded music and music publishing – generated EUR €414 million (USD $447m) in the first six months of 2023. As part of

Spotify may have just confirmed that ‘superfan clubs’ are coming to its platform. We’re not sure how intentional the announcement was, but Spotify appears to have revealed this information in a blog post published on its website on Wednesday (January 24). The post explains that changes are coming to its platform for iPhone users in the

Heavy metal label Nuclear Blast and metaverse platform The Sandbox have teamed up to launch Blast Valley, a metaverse experience dedicated to metal music and gaming. Blast Valley offers players a chance to explore a virtual world, embark on a quest and attend virtual events, according to a press release announcing the launch on Monday (January

We’ve all seen AI perform some impressive feats in recent months and years, from writing poems to offering therapy sessions (and some not-so-impressive feats, like ripping off songwriters and creating deepfakes of celebrities). But what about AI that can imitate the talents of the best and the brightest working in a given field? Imagine an algorithm that can design clothes with the