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Digital Economy

Video game platform Metafy raises $25m in series A funding

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Video game education platform Metafy has raised $25 million in series A funding led by Tiger Global Management and Alexis Ohanian's Seven Seven Six. Metafy ains at creating "the #1 destination in competitive gaming."
The new investment will enable Metafy to "grow its team, build an innovative platform for expert skill monetisation and aggressively expand its offerings both in the US and abroad," according to a statement from the company.
“Metafy has created an efficient and viral platform that c...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

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Sonovy joins WIN Supporters programme

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Global music technology company Sonovy has joined the WIN Supporters programme, launched by independent labels' global organisation WIN. The scheme is open to those who want to "support WIN’s work, champion the global independent music sector, and engage with its entrepreneurs in a sustainable and mutually beneficial way."
Sonovy provides professional music distribution, rights management, and royalty reporting solutions for independent artists and labels. “Sonovy’s vision is to strengthen the g...

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Creative Industries

Warner Music Group settles with Suno and signs licensing partnership

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Warner Music Group has settled its copyright infringement suit against Suno, and announced a new partnership with the music AI company that will "open new frontiers in music creation, interaction, and discovery, while both compensating and protecting artists, songwriters, and the wider creative community."
WMG said the deal "brings together Suno's best-in-class AI capabilities with WMG's artist development leadership and expertise at the intersection of music and technology." The deal appears to...

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Vobile launches an AI Song Detector to accurately identify AI-generated music

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Digital asset content protection firm Vobile has released its AI Song Detector, a real-time solution designed to accurately identify AI-generated music. The new service is aimed at Digital Service Providers (DSPs), music distributors, and collecting societies to address "the need to distinguish between human-created and AI-generated music."
"AI is unlocking incredible new avenues for human creativity, but that potential must be built on a foundation of fairness and trust," said Amadea Choplin, E...

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