AI startup Boomy looks to turn the music industry on its ear

Music publishers have been on a spending spree in recent years, buying the catalogs and copyrights for songs of famous musicians at a frantic pace. Last December, Universal Music Publishing Group bought up Bob Dylan’s entire discography in a deal estimated at more than $300 million. Similarly, Stevie Nicks sold an 80 percent share of her works to Primary Wave Music for an estimated $100 million that same month. But as all this money changes hands for the industry’s biggest stars, one songwriting startup has plans to open the firehose of music royalties to the everyman.“You see these huge deals, like the Bob Dylan deal with the publishing rights and all this money,” Alex Mitchell, co-founder and CEO of Boomy told Engadget. “It started with a recognition that most people are going to be left out of that and it caused us to have a conversation about equity in the music industry, 'how do we fairly remunerate artists, what's the role of labels,' there's just chaos happening in the music industry right now.”Mitchell realized that one major obstacle keeping amateur musicians from becoming published musicians was a technological one. Setting up a home recording studio is no small task, and teaching oneself how to navigate the hyper-granular control schemes of professional-grade DAWs (digital audio workstations) like Ableton Live or Pro Tools can take months, if not years, to fully master. But what if you had an AI-based co-writer to handle the heavy technical lifting instead,... Continue reading at 'Engadget'

[ Engadget | 2021-08-22 16:00:37 UTC ]
News tagged with: #michael jackson #user base #moving forward #top line #youtube videos #copyright law

Other Publishing stories related to: 'AI startup Boomy looks to turn the music industry on its ear'


AI startup Boomy looks to turn the music industry on its ear

Music publishers have been on a spending spree in recent years, buying the catalogs and copyrights for songs of famous musicians at a frantic pace. Last December, Universal Music Publishing Group bought up Bob Dylan’s entire discography in a deal estimated at more than $300 million. Similarly,... Continue reading at Engadget

[ Engadget | 2021-08-22 16:00:37 UTC ]
More news stories like this | News stories tagged with: #michael jackson #user base #moving forward #top line #youtube videos #copyright law


AI Detection Startups Say Amazon Could Flag AI Books. It Doesn't

Amazon has taken some steps to stem the tide of books written with artificial intelligence, but another solution may already exist. Continue reading at Wired

[ Wired | 2023-09-28 11:00:00 UTC ]
More news stories like this | News stories tagged with: #artificial intelligence #books written


From ancient Jewish texts to AI, a sequence of figures turns matter into meaning

Computer languages are ultimately rendered in ones and zeros, even AI programs. Though this technology is new, the concept it’s hinged on is not. Isaac Asimov’s iconic science fiction collection I, Robot, tells the story of androids created at U.S. Robots and Mechanical Men Inc. The androids... Continue reading at Fast Company

[ Fast Company | 2023-10-17 06:00:00 UTC ]
More news stories like this | News stories tagged with: #ai programs #isaac asimov #science fiction


The Morning After: Industry leaders say AI presents 'risk of extinction' on par with nuclear war

With the rise of AI language models and tools like ChatGPT and Bard, we've heard warnings from people involved, like Elon Musk, about the risks posed by AI. Now, a group of high-profile industry leaders has issued a one-sentence statement: “Mitigating the risk of extinction from AI should be a... Continue reading at Engadget

[ Engadget | 2023-05-31 11:15:45 UTC ]
More news stories like this | News stories tagged with: #science fiction


How the gun industry’s ‘quick and fearful’ reaction to Columbine foreshadowed its turn to extremism

In this excerpt from ‘Gunflight,’ Ryan Busse, a former firearms exec turned gun-safety activist, explores the industry’s response to America’s first high-profile school shooting, and the shift to today’s radicalized gun landscape. Ryan Busse is a former firearms executive who spent 25 years at... Continue reading at Fast Company

[ Fast Company | 2023-04-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #ryan busse #joe biden #presidential campaign


Music industry avoids legal battle with new streaming royalty deal

Music publishers, songwriters and musicians have struck a deal with streaming services for US mechanical streaming rates for 2023-2027, the National Music Publishers’ Association (NMPA) has announced. The NMPA, Nashville Songwriters Association International (NSAI) and Digital Media Association... Continue reading at Engadget

[ Engadget | 2022-09-01 12:34:02 UTC ]
More news stories like this | News stories tagged with: #music publishers #streaming services #move forward #legal battle #business model #digital media


How the Book Industry Turns Its Own Racism into a Marketable Product

The failure of progressive change in contemporary book publishing is so total that there is now a whole string of books about the failure of progressive change in contemporary book publishing, often backed enthusiastically by big corporate publishers, in an elaborate circuit of denial and... Continue reading at Literrary Hub

[ Literrary Hub | 2022-04-20 08:55:05 UTC ]
More news stories like this | News stories tagged with: #book publishing #book industry


Bookstat: music to Moyes' ears as Jojo soars

Jojo Moyes’ Night Music (Hodder & Stoughton) has orchestrated a rise into the Bookstat e-book number one spot, for the week ending 27th February. Continue reading at The Bookseller

[ The Bookseller | 2021-03-05 00:55:29 UTC ]
More news stories like this | News stories tagged with: #jojo moyes #e-book


Netflix is turning Lupita Nyong’o’s children’s book into an animated musical.

Some welcome news for those of you with little ones running and/or crawling around your ankles right now: Oscar-winner Lupita Nyong’o’s bestselling 2019 children’s book Sulwe is getting a small screen musical adaptation. Netflix announced earlier today that Sulwe will join a roster of upcoming... Continue reading at Literrary Hub

[ Literrary Hub | 2021-02-18 18:28:11 UTC ]
More news stories like this | News stories tagged with: #children’s book


Doctor Who's sonic pioneers to turn internet into giant musical instrument

The BBC Radiophonic Workshop made the famous science fiction theme tune and worked with the Beatles. Now it is preparing to make historyThe Radiophonic Workshop has always broken new sonic ground, from the Doctor Who theme to the Hitchhiker’s Guide to the Galaxy. Now they’re at it again – this... Continue reading at The Guardian

[ The Guardian | 2020-11-15 10:00:31 UTC ]
More news stories like this | News stories tagged with: #influenced generations #paul mccartney #pink floyd #science fiction


Rolling Stone Tunes Into Music Industry Pros With Latest Product Launch

Since being acquired by PMC Media in 2018, Rolling Stone has undergone a series of changes to transform its business. It invested in writing talent, and hired a new publisher to lead the business-side of the brand. The print magazine reduced frequency from biweekly to monthly, and increased the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-01-28 17:09:10 UTC ]
More news stories like this | News stories tagged with: #upheaval amy #deeply obsessed #favorite artists #craves storytelling #record industry #media outlets #industry professionals #trade professionals #key component


Virago to shed light on everyday sexism in the music industry

Virago has acquired pop culture critic and author Amy Raphael’s book, A Seat at the Table, seeking to address gender imbalance at all levels of the music industry. Continue reading at The Bookseller

[ The Bookseller | 2018-12-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #shed light #music industry


Harpist's debut music to Transworld's ears

Transworld has pre-empted an “uplifting, heart-warming and accessible” reading group novel by debut author and musician Hazel Prior, born out of a passion for harps. Touching on love, friendship, kindness and generosity, according to Transworld Ellie and the Harp-maker will appeal to readers of... Continue reading at The Bookseller

[ The Bookseller | 2018-09-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lost things #debut author #eleanor oliphant #completely fine #bantam press


Industry Notes: Nurturing Publishing Startups at ContentShift, and Honoring YA Translations at GLLI

The third iteration of Germany's publishing startup incubator ContentShift features mentoring and a €10,000 prize announced at Frankfurter Buchmesse. And the first outing for a new YA translation honor will flag the book to American librarians. The post Industry Notes: Nurturing Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-04-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #frankfurter buchmesse


Facebook offers millions to music industry to avert copyright crisis

Facebook is said to be offering hundreds of millions of dollars to music publishers and record labels to avoid having to take down user-generated videos that feature copyrighted music. Bloomberg cites "people familiar with the matter" as saying Facebook's payments will allow for the legal use of... Continue reading at Betanews

[ Betanews | 2017-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #music industry #music publishers #record labels #people familiar


Golden Headsets: Audiobooks’ Growth Is Music to Publishers’ Ears

Previewing the audiobook track at the FutureBook conference, we look at sales statistics and predictions from Michele Cobb at the Audio Publishers Association. The post Golden Headsets: Audiobooks’ Growth Is Music to Publishers’ Ears appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #futurebook conference


Industry Accelerator: ContentShift’s Shortlisted Startups Are Frankfurt-Bound

Six shortlisted startups are headed to Frankfurt Book Fair, where they're in contention for a €10,000 award as part of the newly devised ContentShift accelerator program led by Germany's Börsenverein. The post Industry Accelerator: ContentShift’s Shortlisted Startups Are Frankfurt-Bound appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-09-20 00:00:00 UTC ]
More news stories like this |


Music industry changes its tune in copyright lawsuit against YouTube channel Fullscreen

The music industry’s lawsuit against a popular YouTube channel this week could indicate that publishers are looking for savvier ways to attack piracy besides going after YouTube itself, a legal expert said. The National Music Publishers Association Tuesday filed a copyright infringement suit... Continue reading at PC World

[ PC World | 2013-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #broader scope


Turn, turn, turn

If we are fortunate, then this past week may come to be seen as a turning point: the victory of president-elect Joe Biden; the announcement of a potential vaccine; the lifting of the most severe Covid-19 restrictions in Wales; and the moment at which the industry found its voice and declared... Continue reading at The Bookseller

[ The Bookseller | 2020-11-12 20:45:59 UTC ]
More news stories like this | News stories tagged with: #past week #turning point


This is the future of generative AI, according to generative AI

As part of our year-end story package, we tasked ChatGPT with writing a guest post about the future of generative AI. The prompt asked for a 1,200 word article (a number it undercut by quite a margin) that explored both the potential negative and positive outcomes of the technology. We then... Continue reading at Engadget

[ Engadget | 2023-12-28 16:00:10 UTC ]
More news stories like this | News stories tagged with: #collaborative approach #making waves #virtual worlds #double-edged sword #past mistakes #manga