universal music
Spotify removes AI-generated music
Spotify has removed 7% of AI-generated music created by Boomy due to fraudulent streaming activities. Universal Music Group had alerted Spotify of suspicious streaming activity on Boomy tracks. The removal of the songs was due to suspected artificial streaming by bots posing as listeners. Music industry giants like UMG are fighting to control AI, while some artists like Grimes are championing its use.
Universal Music Label Acquires Ape NFT to Build Virtual Music Group
Universal Music Group has bought one of the popular NFT to build a virtual music group, according to Reuters.
Universal Music Group Calls for AI Music Copyright Protection
Universal Music Group has called for streaming services to block AI services from harvesting melodies and lyrics from copyrighted songs. AI-generated music on Twitter, YouTube, and popular streaming platforms, such as Spotify and Apple Music, has raised concerns about intellectual property rights.
Snowcrash Launches NFT platform, Working with Sony Music Entertainment and Universal Music Group
Solana-based NFT marketplace Snowcrash announced a partnership with Sony Music Entertainment and Universal Music Group by launching an NFT trading platform.
Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs
Anthropic revises commercial terms of service to provide enhanced copyright protection for Claude API users, addressing ongoing legal challenges in the AI industry.
Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens
Thailand's Mystic Valley music festival will be accepting payment for tickets from attendees through its own native MYST tokens.
Exclusive: How is Blockchain Disrupting the Music Industry Globally?
With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement!
The Chainsmokers are Cutting Out Scalpers by Backing Blockchain-Based Ticketing Platform
The Chainsmokers, and their manager Adam Alpert, CEO at Disruptor Records are backing YellowHeart, a new ticketing platform founded by Josh Katz, a music executive.
$11 Million Raised by the Makers of CryptoKitties to Build a New Blockchain
The firm behind CryptoKitties, Dapper Labs has been able to raise a sum of $11.2 million from investors such as Andreessen Horowitz, Digital Currency Group, and Warner Music Group.
Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract
American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.
Make hundreds of connections at Blockchain Life 2020
The 5th Blockchain Life 2020 returns to Moscow on April 22-23 at the unique media venue Music Media Dome. The international forum annually gathers over 5000 participants from 70 countries, proving to be one of the biggest events on blockchain, cryptocurrencies, and mining in the world.
Forum Blockchain Life 2021
Sixth biggest offline event on blockchain,cryptocurrencies and mining - Blockchain Life 2021 - takes place on April 21-22 in Moscow
Central Banks to Cross-Examine Libra’s Founders in Switzerland
The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.
Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder
Worldmoney Financial Blockchain Co., Ltd, the parent company of Blockchain.News, announced the addition of Mr. Chau Cheuk Wah as company shareholder.
Third Co-Founder of Centra Tech Pleads Guilty for $25 Million ICO Fraud
It has recently been announced that the third co-founder of Centra Tech has agreed to plead guilty for his role in the $25 Million Initial Coin Offering (ICO) Scam his cryptocurrency firm was involved in.
Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation
After assuming the helm of Japan’s Financial Services Agency mandated with overseeing the monetary sector in July, Ryozo Himino has voiced his reservation of promoting cryptocurrency trading.
Global Radio Station Flat.FM Introduces New Cryptocurrency on the Minter Network
Both at industry events and in the media, there has been an increased interest in the potential impact of blockchain technology. While debates regarding the adoption of the technology continue, a global radio station launches its own cryptocurrency to enhance its operations.