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Digital Economy

Music AI raises $40m in a funding round led by Connect Ventures and monashees

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AI-driven music and audio technology start-up Music AI has raised $40 million in a funding round led by Connect Ventures — an investment partnership between talent agency Creative Artists Agency (CAA) and NEA — and Brazilian investor monashees. Other participants include Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion along with music industry professionals such as Freddy Wexler, 3LAU, and Alexander23. Music AI was founded by Geraldo Ramos, Eddie Hsu, and Jardson Almeida to provide A...

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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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Digital Economy

Former BMG CEO Hartwig Masuch appointed Chairman of music service Hyph

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Hartwig Masuch, the former CEO of BMG, who relaunched Bertelsmann’s music company in 2009, has been appointed Chairman of Swedish music service Hyph. Masuch has joined Hyph in an advisory capacity with immediate effect and will transition to Chairman in April 2026. Hyph was founded by songwriter Andreas Carlsson, who serves as CEO of the company. “Hartwig Masuch is one of the most accomplished global music executives of the past two decades. We are delighted that he is joining us in our mission ...

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Digital Economy

Digital music deals — Week 3, 2026

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These are some of the digital music deals that were announced in the past week: Merlin, the digital music licensing society for independent labels and distributors, has signed a partnership with AI-powered music creation platform Udio.  This partnership establishes “a framework for licensing Merlin’s independent members’ repertoire to train AI models while protecting the value of real artistry and ensuring fair compensation.” “As AI develops, it is critical to Merlin that we work with partners w...

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Creative Industries

Key figures — Week 3, 2026

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200 billion That's the number of daily views of YouTube Shorts, the platform’s short-form video format, according to YouTube CEO Neal Moha, in his annual letter to the YouTube community. In 2026, YouTube will integrate different formats, like image posts, directly into the Shorts feed. $1.70 billion That's the global gross to date of The Walt Disney Studios' animated movie 'Zootopia 2', making it the highest-grossing animated Motion Picture Association (MPA) film of all time, having just su...

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