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 ]
As the COVID-19 pandemic forces marketers to tighten their advertising budgets and organizers to cancel or postpone events, media companies of all sizes are scrambling to account for lost revenue. In cities across the U.S., a virtual suspension of public life is taking a disastrous toll on... Continue reading at Folio Magazine
[ Folio Magazine | 2020-03-23 14:46:51 UTC ]
More news stories like this
Today, employees at the Little, Brown and Company imprint of the Hachette Book Group have organized a walkout in protest of the company’s announcement that it will be moving forward with the publication of Woody Allen’s memoir, Apropos of Nothing. Allen’s memoir was purchased by Hachette’s... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-05 21:02:55 UTC ]
More news stories like this
President and CEO Tom Harty opened Meredith Corp.'s quarterly earnings call Thursday morning by declaring the integration of the now two-year-old Time Inc. acquisition "largely complete," leaving the company in "the strongest competitive position in its history." Performance in Meredith's... Continue reading at Folio Magazine
[ Folio Magazine | 2020-02-06 19:40:45 UTC ]
More news stories like this
Ahead of Brexit and the imminent General Election, the Society of Authors has called for a commitment from the next government to follow future EU copyright law and the EU’s Digital Single Market Strategy, and to remain within Creative Europe or else increase domestic funding for the arts. Continue reading at The Bookseller
[ The Bookseller | 2019-11-21 19:26:00 UTC ]
More news stories like this
The groups argue Audible should be required to "license the rights it seeks to exploit for its profit—just as others must—as required by copyright law and fundamental fairness.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-24 04:00:00 UTC ]
More news stories like this
The creators of Jetflicks and iStreamitAll are facing federal charges for running two of the largest illegal streaming sites in the United States. A federal grand jury today charged eight people with conspiring to violate copyright law for their invo... Continue reading at Engadget
[ Engadget | 2019-08-28 00:59:00 UTC ]
More news stories like this
Major US publishers have filed a lawsuit against Amazon's audiobook company Audible in a row over a new speech-to-text feature which they say is a violation of copyright law. Continue reading at The Bookseller
[ The Bookseller | 2019-08-26 15:42:06 UTC ]
More news stories like this
Publishers should be given a waiver on part of the EU’s recently passed Digital Single Market Directive regarding licensing deals for links to their content, a new report recommends. Continue reading at The Bookseller
[ The Bookseller | 2019-07-31 04:34:34 UTC ]
More news stories like this
As the clergy sex abuse scandal continues to rock the Catholic Church, denominational publishers are putting a tighter focus on mission-driven titles while also delving into mainstream trends, politics, and books aimed at younger readers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-24 04:00:00 UTC ]
More news stories like this
An estimated 90% of all written works worldwide are not available in accessible formats. New Zealand is implementing the Marrakesh Treaty to help change that. Continue reading at The Conversation
[ The Conversation | 2019-07-23 20:01:52 UTC ]
More news stories like this
As with antitrust violations or copyright law and data infringements, 2019 is seeing European regulators getting more feisty when it comes to cracking down on hate speech. The post What to know about Europe’s fight on platform hate speech appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-07-12 04:00:09 UTC ]
More news stories like this
As she celebrates a series of career milestones—which coincide with the 20th anniversary of her publisher, Dafina Books—the author starts a new chapter by revisiting classic characters in the long-awaited sequel to her first novel, My Brother’s Keeper. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-24 04:00:00 UTC ]
More news stories like this
Following last week's news that Baker & Taylor is ending its retail wholesale business, the American Booksellers Association wrote to members to say it was working to limit any damage to the community and find the best solutions for moving forward. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-06 00:00:00 UTC ]
More news stories like this
Facebook is moving forward with its controversial Ad Archive with a new system that will decide whether to include individual publishers in the archive. The post Facebook rolls out system to include news publishers in its controversial Ad Archive appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-09-18 00:00:00 UTC ]
More news stories like this
The Week in Libraries, June 15, 2018: The scholarly publishing community mourns Elsevier's Karen Hunter; The EU will vote next week on a controversial change to copyright law; Net neutrality sunsets, but the fight goes on. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-15 00:00:00 UTC ]
More news stories like this
Demand for Canadian educational content remains high, however the ongoing supply of Canadian learning resources remains uncertain after a 2012 change to copyright law. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-13 00:00:00 UTC ]
More news stories like this
Barnes & Noble chairman Len Riggio gave new company CEO Demos Parneros his firm support, calling Parneros "the perfect fit" to help the company grow its top line and improve profits. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-19 00:00:00 UTC ]
More news stories like this
The shift in Facebook's agreements with publishers for video content, first hinted at in January, appear to be moving forward, "multiple sources" told Kurt Wagner of Recode. Wagner reported that while the new pacts still include payment for Facebook Live videos, they encourage publishers to... Continue reading at AdWeek
[ AdWeek | 2017-04-24 00:00:00 UTC ]
More news stories like this
Technology, quality content, and risk-taking were the top lessons from this year's American Magazine Media Conference. The post Taking Risks and Moving Forward: Lessons From AMMC 2017 appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-02-10 00:00:00 UTC ]
More news stories like this
The digital advertising ecosystem comprises an unlevel playing field vastly favoring the duopoly of Google and Facebook. Controlling 85% of media spend and 80% of referral traffic to independent publishers, this duopoly sets the rules and uses undue influence. Publishers and marketers alike... Continue reading at Advertising Age
[ Advertising Age | 2017-02-02 00:00:00 UTC ]
More news stories like this