Day: 1 février 2018

Abbey Road Red incubator adds two more startups… and a new boss

Abbey Road Studios in London has announced that HumTap and Lickd will be the next two companies to join its Abbey Road Red startup incubator, under the wing of a new boss for the program.
Karim Fanous, formerly head of research and insight at Music Ally (that’s us!) is taking over from Jon Eades, who has been in charge of Abbey Road Red since its launch in 2015.
“Karim is a classically-trained musician and brings a really broad skillset to Abbey Road Red. We’re really looking forward to seeing what he can do with Red going into the future,” said Isabel Garvey, managing director at Abbey Road Studios.
The post Abbey Road Red incubator adds two more startups… and a new boss appeared first on Music Ally.
Source: Music ally

‘Shapeshifting’ startup AI Music closing £5m funding round

British artificial-intelligence music/tech startup AI Music is raising £5m of funding, as it prepares to launch its first product. The company has developed technology capable of “shapeshifting” songs, using AI to remix tracks on the fly.
“We’re raising £5m, and we have a lead investor that’s happy to take the whole thing,” said CEO Siavash Mahdavi as he pitched at the Abbey Road Red incubator’s demo event in London. “We want more of a rounded round, so we’re going to open up about 30% to anyone else who’s interested. We’re looking to close in the next couple of months.”
The post ‘Shapeshifting’ startup AI Music closing £5m funding round appeared first on Music Ally.
Source: Music ally

Online audio-mastering startup CloudBounce to launch ICO

Drag’n’drop audio-mastering startup CloudBounce is joining the blockchain bandwagon, with plans to launch an initial coin offering (ICO).
The company, which competes with services like Landr, announced its plans tonight at the Abbey Road Red incubator’s demo event in London.
“We’re doing the next step in building a better community and better and faster audio-processing service,” said CEO Anssi Uiomonen, who was speaking in a session of the incubator’s alumni (he’s on the far left of the photo above).
The post Online audio-mastering startup CloudBounce to launch ICO appeared first on Music Ally.
Source: Music ally

Facebook’s viral crackdown sees time spent on service fall

It’s unusual to see a company proudly announcing in its quarterly financial results that people have been using it less. But Mark Zuckerberg’s 2018 goal of focusing more on ‘time well spent’ on Facebook makes it an unusual case. “Already last quarter, we made changes to show fewer viral videos to make sure people’s time […]
The post Facebook’s viral crackdown sees time spent on service fall appeared first on Music Ally.
Source: Music ally

Music Ally Training :: Digital in Practice courses

Two new Music Ally webinar training courses start next week: ‘Connections’ and ‘Advanced’. A great way to start the year, our ever popular training courses will provide you with a solid grounding of digital knowledge with the best tips and practical insights whilst preparing you for what the future holds in this space too. Don’t […]
The post Music Ally Training :: Digital in Practice courses appeared first on Music Ally.
Source: Music ally

Dubset debuts three more DJ mixes on Apple Music

Mix-licensing startup Dubset Media Holdings has announced its three latest pieces of content, which appear to be exclusive to Apple Music. At least it’s getting first dibs on the DJ mixes by Steve Aoki, Sigala and DJ Suss One, which have been released on Apple’s streaming service this week. Dubset says it’s part of a deal to deliver “hundreds” […]
The post Dubset debuts three more DJ mixes on Apple Music appeared first on Music Ally.
Source: Music ally

Deezer strikes deal with telco Hutchison 3 Indonesia

Telco partnerships have always been a key part of Deezer’s business model, and its latest sees the company expanding its ambitions in Asia. It’s working with Hutchison 3 in Indonesia, through its Tri operator brand in that country. Tri customers will be able to pay for a monthly Deezer Premium+ subscriptions using their balance credit, […]
The post Deezer strikes deal with telco Hutchison 3 Indonesia appeared first on Music Ally.
Source: Music ally

Socan reports record revenues but highlights songwriter payouts

2017 was a good year for Canadian collecting society Socan, which has reported record revenues and distributions to its membership. The society’s performing-rights revenues grew by 6.4% to more than $350m in 2017, with more than $300m distributed to songwriters, composers and publishers. These figures included $49.3m of ‘internet audio streaming’ revenues up 46% year-on-year. However, […]
The post Socan reports record revenues but highlights songwriter payouts appeared first on Music Ally.
Source: Music ally

Sony Music launches dance label with Tencent Music

Fresh from its stock-swap with Spotify, Tencent Music has another interesting partnership with a western firm: Sony Music. The pair have teamed up to launch Liquid State, a label that will focus on dance music from Asian artists, as well as live events. “Liquid State has been created to support and enhance the discovery and development […]
The post Sony Music launches dance label with Tencent Music appeared first on Music Ally.
Source: Music ally

Pandora lays off 5% of staff as value shrinks for Sirius XM

It’s just over a year since Pandora laid off 7% of its staff in the US in order to “to focus and realign existing resources on execution and make further investments in product innovation to drive advertising revenue and subscription growth”. Now it’s in for another round of layoffs, this time “an organisational restructuring designed to […]
The post Pandora lays off 5% of staff as value shrinks for Sirius XM appeared first on Music Ally.
Source: Music ally

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