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Digital Economy

beatBread launches $100 million fund to support labels and distributors’ growth

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Music funding platform beatBread has launched Global Independence Fund (GIF), a new $100 million fund designed to provide flexible financial support to independent labels and distributors. The launch of the GIF follows on from beatBread’s creation of a label advance partnership with independent labels' association A2IM in the USA, announced in November 2024.  
beatBread said the purpose of GIF is "to ensure that independent music businesses have access to ...

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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).

Digital Economy

Getty Images signs global multi‑year licensing agreement with Perplexity

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Getty Images, one of the largest marketplaces for visual content, has announced a global multi‑year licensing agreement with AI company Perplexity. The deal covers display of images from Getty Images across Perplexity’s AI‑powered search and discovery tools.
Getty said the agreement gives Perplexity "rights to display images from Getty Images across its AI‑powered search engine tools, enhancing user experience and improving image attribution."

"Integrated deep into the content creation and d...

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Digital Economy

Online video growth will boost global TV and video market to reach $1 trillion by 2030

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The combined global online video and traditional TV markets are set to reach $1 trillion in annual revenue by 2030, according to two new Omdia reports — 'Global Streaming: Key trends 2025–30' and 'Pay TV & Online Video: Global'.  
The estimated figure includes revenue from subscriptions, on-demand transactions and advertising. During the period 2025-20230, market growth will come from online video, as pay TV growth will be flat.

By 2030, linear TV will account for 11% of the market, while...

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Copyright & Regulation

Common Crawl removes over two million news articles from its database following action from Dutch anti-piracy outfit BREIN

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​Common Crawl, the free, open repository of datasets used for training AI models, has removed over two million news articles from its database at the request of Dutch anti-piracy organisation BREIN.
BREIN contacted Common Crawl when evidence showed that its database included, among other things, articles published by legitimate Dutch news sites without permission, nor compensation. On behalf of several Dutch news publishers, BREIN requested Common Crawl to remove these unauthorised web pages fro...

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