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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Dunkin' Donuts Is Using 7 Social Platforms to Sell Iced Coffee to Music-Loving Millennials

Dunkin' Donuts wants to create cool musical buzz with millennials this summer to push its iced coffee products. So it's playing with enough social-media platforms to outfit a marketing septet: Spotify, Snapchat, Instagram, YouTube, Twitter, Vine, Facebook and Periscope. The initiative, called... Continue reading at AdWeek

[ AdWeek | 2015-07-21 00:00:00 UTC ]
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Bristol libraries could be saved after council u-turn

Bristol City Council could keep six of seven libraries which were facing closure open, following public protests. A consultation on the future of the city’s library service closed at the beginning of July, with more than 4,600 responses being received. The council wanted to save £1.1m from its... Continue reading at The Bookseller

[ The Bookseller | 2015-07-21 00:00:00 UTC ]
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App could turn America’s poor into lifelong readers

A scheme involving the White House, libraries and publishers will let children from cash-strapped families read free ebooksWhile the UK quibbles over library ebook lending, American publishers are teaming up with charities and libraries to give away thousands of ebooks to low-income students.... Continue reading at The Guardian

[ The Guardian | 2015-07-20 00:00:00 UTC ]
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PRH Children’s to release app as The Twits turn 35

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[ The Bookseller | 2015-07-18 00:00:00 UTC ]
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A "cooler", more creative children's publishing industry on show at CMC

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[ The Bookseller | 2015-07-14 00:00:00 UTC ]
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For the Publishing Industry in 2020, Print Will Still Dominate Revenues

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[ Editor & Publisher | 2015-07-13 00:00:00 UTC ]
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Recommended Reading: Science fiction's influence on hip-hop music

Recommended Reading highlights the best long-form writing on technology and more in print and on the web. Some weeks, you'll also find short reviews of books that we think are worth your time. We hope you enjoy the read. The Subversive Science Fi... Continue reading at Engadget

[ Engadget | 2015-07-11 00:00:00 UTC ]
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Prior rejects 'out of date' industry image

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[ The Bookseller | 2015-07-04 00:00:00 UTC ]
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Industry Stocks: June Performances

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[ Publishers Weekly | 2015-07-03 00:00:00 UTC ]
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Apple loses ebook price-fixing appeal on same day as Apple Music launches

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[ Silicon Valley Business Journal | 2015-07-01 00:00:00 UTC ]
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Magazine Industry Growth Slows

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[ Folio Magazine | 2015-07-01 00:00:00 UTC ]
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Bestselling Novelist Turns to Kickstarter for First Cookbook

In the time she spent preparing for the release of her new novel with St. Martin's, Jane Green also had another project in the works—her first cookbook, which she is self-publishing with funding from Kickstarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-29 00:00:00 UTC ]
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Google, Microsoft among biggest IT industry lobbyists at European Commission

Google and its lobbyists have had more meetings with European Commission officials than any other company, according to figures published by Transparency International on Wednesday.With 32 meetings logged between December and June, Google’s lobbying is topped only by that of BusinessEurope,... Continue reading at PC World

[ PC World | 2015-06-25 00:00:00 UTC ]
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British children's stories startup Lost My Name tells a $9m funding tale

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[ The Guardian | 2015-06-25 00:00:00 UTC ]
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Publishing Turns to YouTube for Salvation

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[ Publishing Perspectives | 2015-06-23 00:00:00 UTC ]
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[ Fast Company | 2015-06-20 00:00:00 UTC ]
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Turning a Long Lost Cookbook Into a Bestseller

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[ Publishers Weekly | 2015-06-12 00:00:00 UTC ]
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Type Books Turns Window Displays into Art

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[ Publishers Weekly | 2015-06-12 00:00:00 UTC ]
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[ Publishers Weekly | 2015-06-10 00:00:00 UTC ]
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Stephen Witt: ‘Music piracy is illegal – but morally, is it wrong?’

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[ The Guardian | 2015-06-07 00:00:00 UTC ]
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