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Digital Economy

Dequency launches decentralised music marketplace for sync licensing

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Dequency has launched a web3-powered music rights portal described as "the first open, two-sided sync licensing marketplace." Following a four-month restricted beta phase, Dequency said it is now "opening its portal to music rights holders everywhere." It added: "Decentralised music licensing marketplace allows owners to set fees; eliminates third parties from music licensing transactions to increase speed of payment, reduce costs." Dequency raised $4.5 million via an investment round led by B...

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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

Universal Music Group renews and expands multi-year licensing agreement with TikTok

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Universal Music Group (UMG) and short format social media platform TikTok have renewed their new multi-year licensing agreement, which includes access to access to UMG's recorded music and publishing catalogues. The two parties said in a statement that the new agreement will be "further strengthening the existing relationship between the two companies, and providing additional benefits for artists, songwriters, creators, and fans." TikTok and UMG said the deal will foster "deeper engagement betw...

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Digital Economy

Spotify seals new licensing deal with Universal Music Group to enable a tool allowing users to create AI-driven licensed covers and remixes

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Spotify has negotiated new recorded music and music publishing licensing agreements with and Universal Music Group (UMG), which will enable the streaming service to launch a new AI-powered tool allowing users to create covers and remixes of their songs from participating artists and songwriters. The companies said in a statement that the new tool will "open up additional revenue streams and new ways to drive discovery." Royalties generated by the new scheme will add up to what artists and songwr...

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Digital Economy

Zoe Wrenn’s Tamber launches sonic intelligence-powered creative suite

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Music tech startup Tamber has officially launched its sonic intelligence-powered suite of creative tools designed to work alongside artists as they create. Tamber's Founder and CEO Zoe Wrenn said the platform has been designed to operate within the creative process itself, helping musicians translate abstract ideas, such as from language, emotion, colour, texture, taste, gesture, and place, into sound in real time.

Tamber's Zoe Wrenn

“I built Tamber because I was sick of watching the music in...

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