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Digital Economy

ByteDance files for ‘TikTok Music’ trademark with the USPTO

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ByteDance, the parent company of short format app TikTok, is reportedly exploring the opportunity to launch a music app, following the filing of a trademark application with the US Patent and Trademark Office for a service called TikTok Music that would allow for "purchase, play, share, download music, songs, albums, lyrics."

According to Business Insider, TikTok Music could also be used to "live stream audio and video" and "edit and upload photographs as the cover of playlists." It could al...

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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).

Creative Industries

Marathon LABs’ accelerator programme focuses on tackling value creation

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Marathon LABs, the startup mentoring initiative from London-based Marathon Music Group, has selected six companies that will take part in its fourth ‘LABs’ with a programme focusing on tackling value creation.

Marathon said the six participating companies "operate within a broad music & tech ecosystem centering on web3 applications, live entertainment within metaverse environments and broadening access to financial and data analytics for artists and their teams."

Marathon's Alexandra...

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Digital Economy

Warner Music Group partners with OpenSea to offer Web3 tools and resources to artists

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Warner Music Group is collaborating with OpenSea, a peer-to-peer marketplace for NFTs, to provide a platform for select WMG artists "to build and extend their fan communities in Web3."

WMG explained that as part of the engagement, WMG artists would get "early access to OpenSea’s new drops product, along with improved discoverability, personalised storytelling on customised landing pages, and OpenSea’s industry-leading safety and security features." The first collection currently in developme...

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Digital Economy

Triller gets a $310 million capital infusion from Global Emerging Markets

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Ahead of a planned IPO, AI-powered technology platform Triller has received a binding $310 million investment from Luxembourg based private alternative investment group GEM Global Yield. The investment will come in the form of a share subscription facility.

Under the agreement, GEM will provide Triller with up to $310m in equity capital for a 36-month term following a public listing of Triller’s common stock, according to a statement. Triller will control both the timing and amount of all ...

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