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Digital Economy

Splice acquires AI-powered platform Kits AI

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Music creation platform Splice has acquired Kits AI, an AI-powered platform that enables music creators to generate, transform, and refine vocals in their productions. As part of Splice, Kits AI’s technology will "expand how artists, producers, and songwriters work with vocals as a core creative instrument." Co-founders Evan Dhillon and Kyle Dhillon, along with the Kits AI team, have joined Splice. Founded in 2021, Kits AI was the first platform to introduce Licensed Artist Voice Models; The pl...

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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

Calendar — Week 23, 2026

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JUNE 2026 – June 3-7: Primavera Pro ’26 in Barcelona. – June 4: General Assembly of the International Confederation of Societies of Authors and Composers (CISAC) in Paris, as the global organisation celebrates its Centenary. – June 8-11: A2IM Indie Week at the InterContinental Times Square in New York. – June 8-13: The 23rd Tokyo International Music Market (TIMM 2026) in the Shibuya area. – June 18: MusicAlly NEXT at Steel Yard in ...

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Creative Industries

 Quotes of the week — Week 23, 2026

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"Calling for prudence, rigorous evaluation and even, at times, a slower pace in adopting AI does not mean opposing progress; instead, it is an exercise of responsible care for the human family. This need is all the more urgent given the frequent imbalance between the speed of technological growth and the slower development of awareness, norms, safeguards and institutions capable of governing its effects. It is not enough to invoke ethics in the abstract; robust legal frameworks, independent over...

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Creative Industries

Key figures — Week 23, 2026

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$900 billion That's the estimated market value of AI company Anthropic, following the recent $65 billion funding round, exceeding that of rival OpenAI, which was last valued at $730bn, not including the $122bn it had raised. Both companies are planning potentially trillion-dollar IPOs this year, according to The New York Times. $81 billion That's global connected TV (CTV) estimated advertising revenue in 2030, up from $44 billion in 2025, with CTV ad revenues expected to surpass traditional line...

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