Stability AI, which has deals with UMG, WMG, and EA to build AI models from their IP, raised a $76M Series B from them, Sony Music, and others
Stability AI, the AI startup backed by the likes of James Cameron and Sean Parker, has raised $76 million in a Series B funding round from a roster …
A profile of Suno, which has been used by more than 100M people since 2023 and has 2M+ paid subscribers, as it faces copyright lawsuits from UMG and Sony Music
Investors are betting the $5 billion company will be the next Spotify. — Mikey Shulman stands in the middle of a dark concert hall …See also Mediagazer
Despite nine years of music industry growth thanks to streaming, companies like Spotify and UMG are tightening payouts or laying off employees
Market Cap Tops $53 Billion Stuart Dredge / Music Ally : UMG confirms that it will be laying off some staff in 2024 X: Lucas Shaw / @lucas_shaw : Media & technology companies have cut more than 70,000...
Profile of Abu Dhabi-based music streaming service Anghami, which has 1.4M paying subscribers and 70M total users, as it goes public via a $220M SPAC merger
the business model and the music we listen to https://restofworld.org/... via @restofworld Yinka Adegoke / @yinkawrites : @Mark_Mulligan ... As Universal Music digital EVP Michael Nash told me: “There...
Profile of Abu Dhabi-based music streaming service Anghami, which has 1.4M paying subscribers and 70M total users, as it goes public via a $220M SPAC merger
Anghami is a case study in how the music business is being gradually transformed from outside its core centers of New York, Los Angeles and London. Tweets: @yinkawrites , @yinkawrites , @restofworld ,...