Today’s positive coronavirus-related industry news (16 April)

There’s more news from the MusiCares Covid-19 Relief Fund in the US, which has now secured contributions from collecting societies ASCAP, BMI and SESAC. The fund is now past the $10m mark on the back of support from all quarters of the music industry. Meanwhile, in the UK another collecting society, PPL, is donating £700k to […]

Music Ally Startup Files: MyPart’s new spin on AI music analysis

Israeli startup MyPart aims to use AI to turn the long tail of music catalogues into revenue streams that humans may have overlooked. In fact, the company wants to do more than analyse music and pull the needle from the haystack: it wants to pair the songs no human would consider with artists who never […]

Abbey Road Red startups have raised $40m of funding so far

Abbey Road Red, the music/tech incubator run by Abbey Road Studios in London, held its latest demo event last night, including an update on its portfolio. “We have now incubated 15 companies across all areas of the value chain, who together have raised $40m and are collectively worth $200m,” said Abbey Road boss Isabel Garvey, […]

Interactive AR music-player wins Abbey Road Red’s 2019 hackathon

17 teams of developers are getting well-earned rests today after taking part in the Abbey Road Red hackathon at London’s famous Abbey Road Studios over the weekend. The focus was ‘The Power of Immersion’ with augmented-reality technology to the fore, courtesy of strategic partner Facebook – with its Spark AR tools. Top prize in the […]

Abbey Road Red seeks more diversity in startup founders

Abbey Road Studios wants to recruit more teams with women founders to its Abbey Road Red startup accelerator, according to the studios’ MD Isabel Garvey. “We are acutely aware that we have no female founders, and very few women in our founder teams, and we are trying to be a little more diverse,” said Garvey, […]

Siri co-founder Tom Gruber talks about his new AI-music startup LifeScore

“I think we’re looking at a new way of doing music, which is a collaboration between human expertise, human taste, and human raw talent in creating music and recording it, with the machine’s ability to combine those things and generate music all day long. And make it sound like a human made it.” “Just imagine […]

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