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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Google Play Store cyber sale offers discounted apps, movies, music, and books

The Google Play Store is joining in on the cyber week sale madness, offering some tempting deals on a variety of digital content.Click over to the Play Store to scroll through everything that is up for grabs. Some of the best deals are on entertainment, with Academy Award winner Her available... Continue reading at PC World

[ PC World | 2014-11-27 00:00:00 UTC ]
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BookMachine Brings Together Veterans from Planet Startup

BookMachine convened pros in New York for a public forum to talk about how a writer can navigate the maze of ebook publishing, self-published or otherwise. The post BookMachine Brings Together Veterans from Planet Startup appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-19 00:00:00 UTC ]
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For the Love of Gospel Music: Robert Darden

Robert Darden is both a scholar and an evangelist of black gospel music, seeking to preserve it through archival work and to write its history. His new book illuminates how spirituals carried messages not only of hope for the next world but freedom in this one. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-19 00:00:00 UTC ]
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The 'Moosewood Cookbook' Turns 40

Mollie Katzen, author of the groundbreaking 'Moosewood Cookbook,' one of the bestselling cookbooks of all time, recalls her early collaboration with Ten Speed Press, which just released a 40th anniversary edition of the seminal vegetarian cookbook. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-14 00:00:00 UTC ]
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Reedsy: A Publishing Services Startup for the Digital Age

Ricardo Fayet, co-founder of Reedsy, an online publishing services marketplace, discusses the startup's business model and philosophy. The post Reedsy: A Publishing Services Startup for the Digital Age appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-10 00:00:00 UTC ]
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Industry Stocks: October Performances

Although stock prices rose at eight of the 13 companies listed on the Publishers Weekly Stock Index, the PWSI dropped 1.5% in October, while the Dow Jones Industrial Average rose 2%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-07 00:00:00 UTC ]
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Nosy Crow turns apps into picture books

Nosy Crow will next year turn its fairy tale apps, including recent addition Jack and the Beanstalk, into picture books.   Digital manager Tom Bonnick told The Bookseller the decision was a “no-brainer” because of all the “fantastic artwork” he had from animator and illustrator Ed Bryan. “We... Continue reading at The Bookseller

[ The Bookseller | 2014-11-05 00:00:00 UTC ]
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Bloomsbury's Charkin warns of industry 'monopolisation'

Bloomsbury executive director Richard Charkin has warned of the dangers of the book industry being “monopolized” by “a single distribution channel”. Giving his keynote speech at the opening of Sharjah International Book Fair’s professional programme 2014 earlier today (3rd November), Charkin... Continue reading at The Bookseller

[ The Bookseller | 2014-11-04 00:00:00 UTC ]
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The ebook industry needs to make reading more social

The music, film and TV industries have all undergone radical transformations over the last fifteen years. In contrast, the publishing industry is only now feeling the full force of technological change. Ebooks and ereaders are changing consumers' reading habits and throwing up serious questions... Continue reading at Betanews

[ Betanews | 2014-11-03 00:00:00 UTC ]
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Industry Members Remember Oscar Dystel; 'The Real Deal'

Nearly 200 industry members gathered October 31 at the Random House Building in New York City to pay tribute to Oscar Dystel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-02 00:00:00 UTC ]
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Book industry winners in Creative Scotland funding round

Glasgow Women’s Library and the Wigtown Book Festival are among the organisations receiving funding for the first time from Creative Scotland. The two groups join a number of other literature and publishing organisations awarded regular funding for the period covering April 2015 to March... Continue reading at The Bookseller

[ The Bookseller | 2014-10-31 00:00:00 UTC ]
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'PW' Panel Warns Industry, Lack of Diversity Threatens Publishing

At a panel about the lack of diversity in the book publishing industry, hosted by PW, a number of publishing warned that the overwhlemingly white makeup of the industry threatens its longterm viability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-21 00:00:00 UTC ]
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Editorial Assistant Turns Blog Post into Multibook Deal

What’s every blogger’s dream? A book deal. Even better: a multibook deal from a single blog post. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-17 00:00:00 UTC ]
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Margolin’s Heyday Turns 40

Heyday Books is celebrating its 40th anniversary this year. Malcolm Margolin—who founded the company in Berkeley, Calif., at the beginning of the small-press movement—said that one reason for Heyday’s survival has been its willingness to adapt to changes in the industry, such as the growth of... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-17 00:00:00 UTC ]
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In Afghanistan, Fledgling Publishing Industry Takes First Steps

Post-Taliban, a nascent publishing industry has emerged in Afghanistan, with hundreds of titles being published in Dari, Pashto, Uzbek and English. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-10-14 00:00:00 UTC ]
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This Is Not A Startup Story

When you start a small business, it's hard to know what success--or failure--looks like.In 2011, I started a book business with my best friend called Emily Books. We were qualified to start a business in some ways, not so much in others. We had some expertise in our field: We'd both worked at... Continue reading at Fast Company

[ Fast Company | 2014-10-10 00:00:00 UTC ]
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Industry Stocks: September Performances

September was a bad month for the Publishers Weekly Stock Index, with only two of the 13 companies on the PWSI seeing an increase in their stock prices. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-03 00:00:00 UTC ]
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Future bright for childrens books as industry names plot next chapter

A mood of optimism marked the Bookseller Childrens Conference, with sales up 10% and editors pronouncing themselves keen to experiment and push the digital envelopeThe Purcell Room on Londons South Bank was awash with positivity on Thursday, as the Bookseller Childrens Conference celebrated a... Continue reading at The Guardian

[ The Guardian | 2014-09-26 00:00:00 UTC ]
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Literacy Partners Turns 40

Dianne Kangisser opened the New York City chapter of Literacy Volunteers of America (LVA), a nonprofit that provides free literacy services to adults, in 1973, using $500 in federal grant money. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-26 00:00:00 UTC ]
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Creative industries survey from Bertelsmann

A higher proportion of the UK population reads books on a weekly basis than in France or Germany... Continue reading at The Bookseller

[ The Bookseller | 2014-09-23 00:00:00 UTC ]
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