China's streaming platform ByteDance has suspended the launch of its AI-powered video-generation tool Seedance 2.0, following strong resistance from rights holders, according to a report from The Information, citing two people with direct knowledge of the situation. ByteDance dropped the tool less than a month ago and it generated thousands of videos using existing characters from movies and animated films, prompting instant reactions from Hollywood studios and streaming platforms arguing that B...

Swedish composer Alfons Karabuda has joined the board of MusicDataLabs Sweden, the company behind Servo.music, the synch licensing platform created by Max Flach and Greger Hagelin. Karabuda is the Honorary President of the European Composer and Songwriter Alliance (ECSA), Chair of the Polar Music Prize Award Committee, and former President of the International Music Council and music rights society Skap. “As much as I enjoy speaking my mind, words alone have only ever interested me when they lea...

Fintech platform beatBread has appointed Christine Barnum as Head of Financial Operations, Michael Poole as Chief Financial Officer (CFO) and Jameson Toole as Board Advisor on AI and Machine Learning. Each executive will serve as fractional leaders, bringing "deep expertise across music operations, structured finance, and technology."  beatBread said the appointments underscore the platform’s “commitment to pairing industry credibility with financial and technical rigor as the company continues ...