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Story Protocol’s parent PIP Labs raises $80m in a funding round valuing the IP-focused startup at $2.25bn

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PIP Labs, the developer new IP-focused blockchain-powered platform Story Protocol, has raised $80 million in a Series B round led by Andreessen Horowitz's a16z crypto and backed by venture capital firm Polychain and Brevan Howard, the investment fund of British hedge fund manager Alan Howard. The new funding round values the company at $2.25bn, according to CNBC. Other investors in the round include Stability AI Vice President Scott Trowbridge, K11 Founder Adrian Cheng and digital art collector...

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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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MusicInfra and The Royalty Network partner on metadata processing

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Rights management platform MusicInfra has sealed a strategic partnership with independent US music publisher The Royalty Network, focused on pairing rights holder metadata with scaled industry-wide metadata “to ensure maximum revenue collection for songwriters.”   Through the partnership, MusicInfra will pair its proprietary backend technological infrastructure and its team’s experience in building and handling YouTube’s Content Management System with The Royalty Network’s catalogue of over 800,...

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Pipeline Advance acquires valuation company Clarty Partners

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Financing platform Pipeline Advance Co. has acquired the core assets and intellectual property of valuation company Clarty Partners, bringing Clarty’s proprietary valuation technology, royalty ingestion systems, and analytical infrastructure into Pipeline’s system. The deal, the terms of which were not disclosed, excludes “any proprietary client data or confidential information relating to Clarty’s past projects.” Pipeline said the new acquisition will “significantly enhancing its underwriting a...

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Streaming platform Qobuz deploys proprietary AI detection system

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Paris-based music streaming and download platform Qobuz has deployed its proprietary AI detection system alongside new tools that will identify and tag AI-created content across both new releases and its existing catalogue. Qobuz said these additions were in line with its AI Charter, published in February, and represent “concrete steps to protect artists and listeners from AI-generated content.” Using a new, proprietary tool, Qobuz has started analyzing its catalogue to identify and tag content ...

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