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Digital Economy

Kobalt and AI-powered music creation platform Udio form strategic partnership

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3 months ago

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Independent music publishing and rights management company Kobalt has started a strategic partnership with Udio, the AI-powered music creation platform, which includes the licensing of Kobalt's catalogue through an opt-in process. The two companies said the agreement "forges a path for collaboration on Udio’s licensed AI music creation service," which is expected to launch later this year. Udio’s new platform will be trained on authorised and licensed music. "The new partnership establishes an i...

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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

Sweden’s Reactional Music wins €2.5 million grant from the European Innovation Council

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6 days ago

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June 29, 2026

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Stockholm-based music personalisation platform for games and interactive media Reactional Music has been awarded a €2.5 million grant from the European Innovation Council (EIC). The EIC has also allocated up to €6.5m in future equity to match incoming capital. If fully exercised, this would bring the total potential EIC-backed funding to up to €9m. Reactional said the funding will support the company’s transition to large-scale commercial deployment. Priorities include scaling music delivery ...

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Creative Industries

Calendar — Week 26, 2026

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1 week ago

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June 27, 2026

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JUNE 2026 – June 18: MusicAlly NEXT at Steel Yard in London. AUGUST 2026 – August 25-28: All About Music 2026 in Mumbai, India. SEPTEMBER 2026 – Sept. 2-12: 2027 Venice International Film Festival on the Lido in Venice, Italy. – Sept. 16-19: Reeperbahn Festival Conference in Hamburg. OCTOBER 2026

– Oct. 6-9: IMPF Global Music Summit Palma at the Hotel Marina in Palma de Majorca. - Oct. 12-15: MIPCOM at the Palais des Festivals in Cannes, France.

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Creative Industries

Key figures — Week 26, 2026

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1 week ago

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June 27, 2026

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$22 billion That's how much Rupert Murdoch's Fox is paying to acquire streaming platform Roku in a cash-and-stock deal. Roku reaches 100 million households in the US. $5.4 billion That's the estimated value of music AI startup Suno, following the completion of a $400 million funding round.  $3.16 billion That's the global box-office revenues of the top 100 tours during the first half of 2026, up 12.3% from 2025’s $2.81 billion gross, according&nb...

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