Social video editing app Trash adds features for musicians

We reported on the launch of Trash last June: an AI-powered video editing app launched by Hannah Donovan, formerly of Vine and This Is My Jam. Then, in January this year, her pitch won the startup showcase section of the NY:LON Connect conference in New York, with Donovan explaining that Trash had been licensing music for use in […]

Video-streaming startup Quibi raises $750m more funding

In nearly a decade between being founded and going public, Spotify is estimated to have raised $2.6bn in funding. Compare that to video-streaming startup Quibi, which hasn’t launched yet, but has already raised $1.75bn – including a new round of $750m this week, a month ahead of its debut. This is the company co-founded by Hollywood mogul Jeffrey […]

Spotify makes Canvas less blank

The Canvas feature on Spotify (where a short video loops on the mobile app instead of just having the single or album artwork) is opening up to more users via the Spotify for Artists tool. Music Ally first spotted the feature at the start of last year – back when it didn’t even have an official […]

Filing: Amazon spent $1.7bn on music and video content in Q1

We reported on Amazon’s latest financial results last week. In the official filing, the company revealed a music stat! Albeit one bundled in with video. “Total video and music expense was $1.5 billion and $1.7 billion in Q1 2018 and Q1 2019,” reported Amazon. “Total video and music expense includes licensing and production costs associated with […]

XITE launches new music video platform in US

Launching initially in the US, XITE (pron: “Excite”) is a new music video app that will be available on Amazon Fire TV, Apple TV and Comcast X1 Xfinity – and it will be coming soon to Roku. It has deals in place with all the majors as well as a number of indies and will offer […]

Study tips YouTube to decline in popularity with British kids

Will children ever tire of YouTube? Surely not! Yet that’s the suggestion being made in a new report published by research firm Kids Insights, which is out today. “According to our data across all ages 4-18 the number of children spending time each day watching YouTube has declined from 61% to 51% in a persistent […]

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