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

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Animated GIF generator from Picsart makes AI fun again

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[ Engadget | 2023-07-03 17:59:35 UTC ]
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‘It’s like all my dreams coming true’: inside the BBC’s electrifying new musical drama

From working with grime legends to tackling racism, author Candice Carty-Williams’s new show Champion is landmark TV. Its team talk Shola Ama, pengness – and the greatest group chat everIt’s just after noon in Birmingham and, in the hidden depths of a city centre nightclub, a singer is about to... Continue reading at The Guardian

[ The Guardian | 2023-06-23 12:00:37 UTC ]
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Cannes Today—AI obsession, Edelman stalked, Spike Lee's Cannes take and more

Welcome to Day Four of Ad Age’s Cannes Today newsletter. Reading online and want it delivered straight to your inbox? Sign up here.  For real-time updates, follow our live blog. And see all our coverage here. Click here for a recap of Day Three. AI overload As everyone knows, unless you are... Continue reading at Advertising Age

[ Advertising Age | 2023-06-22 19:48:12 UTC ]
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How the Joint Industry Committee will certify Nielsen alternatives

Cross-industry initiative outlines scoring process and streaming data service roadmap. Continue reading at Advertising Age

[ Advertising Age | 2023-06-22 07:00:00 UTC ]
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Publishing Industry Sales Fell 7.6% in April

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[ Publishers Weekly | 2023-06-21 04:00:00 UTC ]
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Cannes Today—Twitter and Meta make pitches, Omnicom hooks up with Google AI and Grand Prix latest

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[ Advertising Age | 2023-06-20 20:38:54 UTC ]
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Hitting the Books: Why AI won't be taking our cosmology jobs

The problem with studying the universe around us is that it is simply too big. The stars overhead remain too far away to interact with directly, so we are relegated to testing our theories on the formation of the galaxies based on observable data. Simulating these celestial bodies on computers... Continue reading at Engadget

[ Engadget | 2023-06-18 15:30:05 UTC ]
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‘AI Voices’ in Audiobooks: Storytel in ElevenLabs Partnership

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[ Publishing Perspectives | 2023-06-13 21:58:52 UTC ]
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How a round-the-clock team turned the Jan. 6 Report into recorded history in 26 hours

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[ Los Angeles Times | 2023-06-13 13:00:31 UTC ]
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Turning Small Rebellions Into a Large Literary Revolution

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[ Electric Literature | 2023-06-13 11:01:00 UTC ]
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Publishers' New Music Books Sing With Spirit

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[ Publishers Weekly | 2023-06-13 04:00:00 UTC ]
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March StatShot: US Book Industry Up 3.2 Percent Year-to-Date

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[ Publishing Perspectives | 2023-06-09 16:06:34 UTC ]
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Reading at Full Volume: Seven Books That Feature Rock Music

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[ Literrary Hub | 2023-06-07 08:52:59 UTC ]
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Google and Facebook urged by EU to label AI-generated content

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[ The Guardian | 2023-06-05 13:06:04 UTC ]
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Innovation Fuels the Thriving Audiobook Industry

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[ Publishers Weekly | 2023-06-02 04:00:00 UTC ]
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Authors Guild Issues Contract Clause Changes to Account for AI

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[ Publishers Weekly | 2023-06-02 04:00:00 UTC ]
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Microsoft appeals for a new US agency to regulate AI

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[ Engadget | 2023-05-26 09:55:10 UTC ]
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Bloomsbury admits using AI-generated artwork for Sarah J Maas novel

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[ The Guardian | 2023-05-19 14:30:22 UTC ]
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[ Engadget | 2023-05-16 16:13:18 UTC ]
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How R. F. Kuang turned every recent book scandal into the satirical thriller 'Yellowface'

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[ Los Angeles Times | 2023-05-15 13:00:29 UTC ]
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