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Digital Economy

AudioShake secures $14m in Series A funding in a round led by Shine Capital

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AI startup AudioShake has raised $14 million in Series A funding round, led by Shine Capital, with participation from Thomson Reuters Ventures, Origin Ventures, Background Capital, and existing investors Indicator Ventures and Precursor Ventures. The San Francisco-based company was launched in 2021 by Jessica Powell, former Google VP, and Luke Miner, former head of data science at Plaid. AudioShake uses AI to separate any audio recording into its individual components. AudioShake reported that ...

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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).

Copyright & Regulation

European Commission opens formal probe into Google’s alleged use of content from web publishers for AI purposes

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The European Commission has opened a formal antitrust investigation into Google's use of content from web publishers, as well as content uploaded on Google-owned online video-sharing platform YouTube, for artificial intelligence purposes. The probe will assess whether Google has breached EU competition rules and will "examine whether Google is distorting competition by imposing unfair terms and conditions on publishers and content creators, or by granting itself privileged access to such conten...

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Creative Industries

beatBread’s advances to labels and artists exceeded $100m in the past five years

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beatBread, the funding platform for independent labels and musicians, unveiled that it has provided over $100 million in funding to artists and labels since it launched five years ago. beatBread was founded by Peter Sinclair, who passed earlier, to provide artists and labels with transparent, flexible financing. Over the past five years, the platform funded 1,700 creative projects in 42 countries. The music represented in these deals generated 67.6 billion all-time streams, with 13.6 billion o...

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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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