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Digital Economy

AI-powered music creation platform Soundful closes $3.8m funding round

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AI-powered music creation platform Soundful's has raised more than $3.8 million through an over-subscribed seed with investment coming from undisclosed business leaders.
Soundful allows artists, producers, songwriters, and creators on platforms like YouTube, Tiktok and Twitch to create studio-quality music in seconds with Soundful's AI-powered music creation platform. The platform is currently available by invite only. Soundful claims to have "one of the biggest original sound libraries ever ass...

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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).

Digital Economy

Audible Magic’s Will Hughes appointed Chief Revenue Officer at SoundPatrol

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Will Hughes has joined SoundPatrol as Chief Revenue Officer. Prior to SoundPatrol, Hughes worked for over six years at data company Audible Magic, most recently as VP Account Management & Customer Success. Before that he was Senior Client Partner at Songtradr.
SoundPatrol is the research lab for large music models launched by former CAA co-Fonder and Chairman Michael Ovitz. At SoundPatrol, Hughes will lead "commercial strategy and help shape the product roadmap with industry partners as we s...

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Data

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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