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: #user base #moving forward #top line #youtube videos #copyright law

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


8 Manga About Music and Musicians

Get ready to build some playlists! These manga about music and musicians cover everything from rock and jazz to pop and classical music. Continue reading at Book Riot

[ Book Riot | 2023-04-04 10:37:00 UTC ]
More news stories like this | All news stories tagged with: #manga #classical music


Oxford Industries, Scholastic fall, Activision rises

Stocks that traded heavily or had substantial price changes Friday: Oxford Industries, Scholastic fall, Activision rises Continue reading at ABC News

[ ABC News | 2023-03-24 20:31:47 UTC ]
More news stories like this | All news stories tagged with: #scholastic #substantial price #traded heavily #scholastic fall


Apple Music bug on iOS is reportedly mixing up people's playlists

Apple Music users on iOS are highlighting a fairly serious bug that is causing other people's playlists and songs to appear in their libraries, according to multiple Redditors. On top of that, some users have complained that their own playlists have outright disappeared or been replaced by... Continue reading at Engadget

[ Engadget | 2023-03-23 10:30:03 UTC ]
More news stories like this | All news stories tagged with: #libraries


AAP StatShot: US Book Industry Gains 3.5 Percent in January

The first monthly StatShot report from the Association of American Publishers in 2023 shows trade revenues up 3.1 percent in January. The post AAP StatShot: US Book Industry Gains 3.5 Percent in January appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-21 18:18:29 UTC ]
More news stories like this | All news stories tagged with: #book industry #american publishers #aap statshot


Adobe is bringing generative AI features to Photoshop, After Effects and Premiere Pro

Adobe’s suite of photo and video editing software has long leveraged the assistance of machine intelligence to help its human users do their jobs, having employed the Sensei AI system for more than a decade to power features like Neural Filters in Photoshop or Acrobat's Liquid Mode. On Tuesday,... Continue reading at Engadget

[ Engadget | 2023-03-21 13:00:34 UTC ]
More news stories like this | All news stories tagged with: #digital media #tech companies #basic idea #silicon valley #ground rules


Publishing Industry Sales Rose 3.5% in January

Despite high returns, sales for the 1,240 companies that report results to AAP's StatShot program increased 3.5% in January, with the adult books segment leading the way. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-17 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #report results


AI-generated images from text can't be copyrighted, US government rules

Any images that are produced by giving a text prompt to current generative AI models, such as Midjourney or Stable Diffusion, cannot be copyrighted in the US. That's according to the US Copyright Office (USCO), which has equated such prompts to a buyer giving directions to a commissioned artist.... Continue reading at Engadget

[ Engadget | 2023-03-16 17:42:43 UTC ]
More news stories like this | All news stories tagged with: #graphic novel #copyright law #panel discussions #case-by-case inquiry #ai-generated elements #door open #stable diffusion


GPT-4 unleashed: Here’s what it will mean for AI chatbots

OpenAI unveiled GPT-4 today, its next-gen large language model that is the technical foundation for both ChatGPT and Microsoft’s Bing AI chatbots. It’s a profound upgrade, potentially opening the door for major advances in both the capabilities and features of today’s AI... Continue reading at PC World

[ PC World | 2023-03-14 19:29:22 UTC ]
More news stories like this | All news stories tagged with: #kindle #lot smarter #provide feedback #90th percentile


Turn the Italian manuscript thief loose.

As you may recall, back in January of 2022, after much speculation and an industrywide manhunt, a Tom Ripley-esque rights coordinator by the name of Filippo Bernardini was arrested at JFK airport for the extremely strange crime of impersonating literary agents and book publishers. Between 2016... Continue reading at Literrary Hub

[ Literrary Hub | 2023-03-13 17:20:57 UTC ]
More news stories like this | All news stories tagged with: #literary agents #book publishers #filippo bernardini


The Outsiders is now a musical.

Listen… can you hear the denim moving across a stage in California, the swish of gelled hair? S.E. Hinton’s beloved novel The Outsiders has been adapted into a musical at La Jolla Playhouse, with solid reviews following the open. If you haven’t pawed at a paperback of The Outsiders since... Continue reading at Literrary Hub

[ Literrary Hub | 2023-03-10 17:16:31 UTC ]
More news stories like this | All news stories tagged with: #solid reviews


How sci-fi writer Annalee Newitz turned to real-life scientists to build a (better) future

Novelist and science journalist Annalee Newitz brings 'The Terraformers' to the L.A. Times Book Club March 28. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-03-09 22:20:34 UTC ]
More news stories like this | All news stories tagged with: #times book


Spotify debuts its TikTok-style music discovery feed

The vertical TikTok-style video feed has invaded a lot of the apps we use on a daily basis and now it's officially coming to one more. After announcing a beta test last year, Spotify will begin rolling out a new design for the Home section of its mobile app with a "more visual, dynamic" look.... Continue reading at Engadget

[ Engadget | 2023-03-08 18:33:59 UTC ]
More news stories like this | All news stories tagged with: #audiobook #coming months #instagram stories


What Isaac Asimov Can Teach Us About AI

The science fiction writer imagined artificial intelligence—and what it might want—long before this uncanny reality ever became our own. Continue reading at The Atlantic

[ The Atlantic | 2023-03-03 12:19:04 UTC ]
More news stories like this | All news stories tagged with: #science fiction #—long #isaac asimov


Why one children’s books editor turned down Roald Dahl titles | Letter

Sue Bradley on her conversation with the late Marni Hodgkin about the ‘malicious quality’ to Charlie and the Chocolate Factory and James and the Giant PeachRe the letters criticising Roald Dahl’s works (Roald Dahl’s mean and nasty books don’t deserve all this attention, 23 February), in an oral... Continue reading at The Guardian

[ The Guardian | 2023-03-01 17:24:42 UTC ]
More news stories like this | All news stories tagged with: #books editor #letters section #ve read #giant peach #chocolate factory


‘AI’ at Bologna: The Hair-Raising Topic of 2023

The buzziest programming of the run-up to Bologna Children's Book Fair focus on artificial intelligence and its impact on publishing. The post ‘AI’ at Bologna: The Hair-Raising Topic of 2023 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-01 11:22:06 UTC ]
More news stories like this | All news stories tagged with: #children's book #artificial intelligence #post ai #bologna children


Science Fiction Tried to Warn Us about AI. Or Did It?, by Tom Gammarino

Science Fiction Tried to Warn Us about AI. Or Did It?, by Tom Gammarino Essay [email protected] Wed, 03/01/2023 - 03:46 Photo by NASA / Unsplash “All our AI Frankenstein stories,” the author writes, “warn us that AI will destroy us, but far... Continue reading at World Literature Today

[ World Literature Today | 2023-03-01 09:46:57 UTC ]
More news stories like this | All news stories tagged with: #science fiction #best-case scenario


German publisher Axel Springer says journalists could be replaced by AI

Owner of Politico urges focus on investigative journalism and original commentary, as company prepares for job cuts at German papers Die Welt and BildJournalists are at risk of being replaced by artificial intelligence systems like ChatGPT, the CEO of German media group Axel Springer has... Continue reading at The Guardian

[ The Guardian | 2023-03-01 01:23:51 UTC ]
More news stories like this | All news stories tagged with: #digital media #die welt #boost revenue #job cuts #original commentary #investigative journalism


Censorship or context? Australian book industry wrestles with how to refresh outdated classics

Australia has a history of removing controversial elements from children’s texts, but the question of whether they should be edited is not easy to answerGet our morning and afternoon news emails, free app or daily news podcastThe news this week that some works of bestselling children’s author... Continue reading at The Guardian

[ The Guardian | 2023-02-25 23:00:04 UTC ]
More news stories like this | All news stories tagged with: #book industry #chocolate factory #original versions #free app #free morning #guardian australia #absurd censorship #bestselling children


Engadget Podcast: AI all the things!

The AI news just won’t stop! This week, Cherlynn and Devindra discuss the latest on Bing AI – Microsoft is loosening up some recent restrictions, following reports of its bad behavior – as well as the rise of ChatGPT stories on the Kindle store. Spotify is also launching its own AI DJ, starring... Continue reading at Engadget

[ Engadget | 2023-02-24 13:30:19 UTC ]
More news stories like this | All news stories tagged with: #kindle #luke brooks #brienlivestream producers #dale north #ben ellmanmusic #devindra hardawarproducer #apple watch #podcast app #current hosts #digitized voice #kindle store


Okay, so you can write books with AI. But why bother?

As was perhaps inevitable, ChatGPT—the free chatbot created by OpenAI that has been ruffling feathers ever since it was launched in November—has now spawned “a boom in AI-written e-books on Amazon,” according to Greg Bensinger at Reuters. Bensinger counted over 200 e-books in Amazon’s Kindle... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-22 17:10:52 UTC ]
More news stories like this | All news stories tagged with: #kindle #kindle store #write books