Spotify Founder and CEO Daniel Ek believes the company’s approach to flexibility for its customers is a key success factor. Second-quarter earnings, reported on Tuesday (July 23), highlightedSpotify’s accelerated revenue growth, achieving record highs for both gross margin and operating income. Innovations like daylist and...
Google DeepMind’s latest trick? Giving artificial intelligence (AI)-generated videos a voice. The tech behemoth has unveiled a video-to-audio tool that could revolutionize content creation. By marrying pixels with text prompts, it creates soundtracks, effects and even dialogue for AI-generated clips. Experts say that AI-created videos...
An artificial intelligence (AI)-created blues song that went viral has ignited discussions among experts about the revolutionary role AI might play in reshaping the music and commerce fields. The platform Suno created the hit song, which utilizes ChatGPT for lyric writing. Suno offers a unique...
Global recorded music revenues exploded in 2023, thanks mainly to a surge in paid streaming subscribers. According to The IFPI Global Music Report, revenues from recorded music worldwide were up 10.2% last year to $28.6 billion, surpassing 2022’s 9% increase and marking the ninth consecutive...
March 29, 2024
An artificial intelligence (AI)-created blues song that went viral has ignited discussions among experts about the revolutionary role AI might play in reshaping the music and commerce fields. The platform Suno created the hit song, which utilizes ChatGPT for lyric writing. Suno offers a unique service: generating entire songs from simple text prompts. Their productions […]
September 09, 2020
The COVID-19 pandemic is shaking up shopping behavior. Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless...
September 27, 2017
Online dating, supply chains, charitable giving….there’s a matchmaking platform for almost any service or activity and so why not live music? Gigmor has a live music marketplace that seeks to...
September 24, 2024
TikTok says its streaming music service won’t be around for much longer. “We are sorry to inform you that TikTok Music will be closing on 28 November 2024,” the video sharing media platform said in a post on its website. “We would like to thank you for all of your support, and we hope you […]
July 12, 2022
Spotify has purchased Heardle, a daily music game, in what it says is a way to add more opportunities for music discovery, a company press release said Tuesday (July 12)....
May 12, 2022
Pop act The Chainsmokers will release NFTs to give fans a piece of the streaming royalties from the new album “So Far So Good,” Bloomberg wrote Thursday (May 12). There...
July 28, 2021
The ranks of Spotify’s premium subscribers soared by 20 percent year over year to 165 million in the second quarter, as the streaming company reported “significant advertising strength and subscriber...
