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AI Music Generator Suno Raises $125M, Valuing Company At $500M
Music Business Worldwide reports: "Suno, the AI-driven music creation app that has been getting attention for its ability to create unnervingly good music, has...
Meta Reworks Its Ads On Reels Monetization Program With A New...
Tech Crunch reports: "Meta is testing a new payout model for its Ads on Reels monetization program that pays creators based on the performance...
TikTok Launches ‘Spotlight’ to Support Indie Musicians
Hypebot reports: "Hugely popular short video app TikTok is launching "TikTok Spotlight," a program to discover and support independent and unsigned artists. TikTok Spotlight...
‘Roblox’ Is Coming To Meta Quest VR Headsets
Engadget reports: "The immensely popular online game creation platform/thingamajig Roblox is coming to VR, thanks to the Meta Quest platform. Meta CEO Mark Zuckerberg...
Jaxsta Aims to Bring Back Liner Notes, and Create an IMDB...
Variety reports: "An IMDB for music, crossed with LinkedIn: That’s basically the elevator pitch for Jaxsta, a Sydney, Australia-based tech company that aims to...
Spotify Is Shutting Down ‘Music + Talk’ Music Licensing Feature For...
Digital Music News reports: "Spotify is making some core changes to its Spotify for Podcasters platform, including shutting down its ‘Music + Talk’ music...
TikTok hit $9M in in-app purchases last month, up 500% over...
TechCrunch reports: "Popular short-form video app TikTok has been slowly ramping up its advertising strategy this year as it increases its focus on monetization. However, the...
YouTube Shorts Revenue Now Matches Long-Form YouTube Content
RouteNote reports: "Last week, YouTube CEO Neal Mohan revealed that YouTube Shorts now brings in the same ad revenue per watch hour as long-form...
Playbytes New App Aims to Become the TikTok for Games
TechCrunch reports: "A startup called Playbyte wants to become the TikTok for games. The company’s newly launched iOS app offers tools that allow users...
TikTok Creators Turn to YouTube Shorts Amid “Insane” Subscriber Growth
The Hollywood Reporter reports: "Influencers say the platform, which mimics TikTok features, has given them more opportunity to rapidly build a following and monetize."
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