‘The Ad Experience That Consumers Find Most Annoying Are Also Bad For The Environment’: The Business Case For Sustainable Digital Advertising

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Digiday reports: “Sustainability is one of the hot-button issues in the 21st century and one that’s increasingly generating discussion at the highest echelons of the advertising industry. True, the cause is noble, but now ad execs are increasingly starting to see the opportunity for cost-efficiencies as well as new business opportunities posed by embracing such thinking.”

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‘If The Music Industry Wants To Continue Its Exponential Growth, Its Data Backbone Needs To Become Significantly More Efficient’

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Music Business Worldwide reports: “Verifi Media recently announced the launch of the Verifi Rights Data Alliance (“VRDA”), with partnerships in place with Warner Music Group, Warner Chappell, FUGA, Unison Rights and Deezer. Together, these inaugural members have committed to using Verifi’s services to enhance, collaborate and share music rights data, with the cumulative aim of improving each of their businesses.”

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Amberdata Raises $30M To Chase The “Unlimited Opportunity” To Bring Traditional Finance Into Web3

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TechCrunch reports: “Amberdata, an institutionally-focused digital asset data provider, has raised $30 million in its Series B, its CEO Shawn Douglass exclusively told TechCrunch. The company is now valued at $330 million and has raised a total of $47 million to date, including its seed round worth $2 million and Series A totaling $15 million.”

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Roku, Apollo Among Bidders For Starz Stake As Lionsgate Mulls Options

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The Hollywood Reporter reports: “Roku and Apollo Global Management have put in a bid for a minority stake in the Lionsgate-owned cable and streaming service Starz. Apollo and Roku are understood to be among multiple undisclosed bidders at this time, a source confirms to The Hollywood Reporter. The joint bid between Roku and the private equity firm was first reported by The Wall Street Journal.”

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Starbucks To Launch NFTs This Year, Offering Access To ‘Unique Experiences And Benefits’

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TechCrunch reports: “Would you like an NFT with your Starbucks latte? The coffee giant this week announced its plans to enter the web3 space with the launch of its own NFT collection later this year, where the individual digital collectibles also provide their owners with access to exclusive content experiences and other benefits, it said.”

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Soundcloud Acquires Musiio, An AI Music Curator, To Improve Discovery

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TechCrunch reports: “An online audio sharing platform and streamer, SoundCloud has acquired Musiio, an AI music curation company. With Musiio’s team and technology, SoundCloud plans to strengthen its music discovery features. The terms of the deal are undisclosed.”

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Teflon Sega Immersive, Interactive Concert On Wave Gets NFT Treatment Through Quincy Jones’ OneOf

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Forbes reports: “Interactive, immersive entertainment site Wave is partnering with Quincy Jones-backed NFT marketplace OneOf for its first series of digital collectibles, tied to a live online performance by electronic artist/producer Teflon Sega.”

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Paramount Adds 6.3M Global Streaming Subs in First Quarter to Top 62M, Including Nearly 40M at Paramount+

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The Hollywood Reporter reports: “The entertainment conglomerate revealed the latest figures on Tuesday as part of its first-quarter earnings report. It also detailed that its Paramount+ streaming platform grew to “almost 40 million” subscribers from 32.8 million as of the end of December. Its disclosure of 6.8 million new subscriber additions at Paramount+ would put the flagship streamer at 39.6 million.”

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Facebook Is Shutting Down Its Podcast Platform After Less Than A Year

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The Verge reports: “Facebook is shutting down its podcast platform less than a year after it launched. Creators will be unable to upload new shows to the service as of this week, and the platform will close altogether on June 3rd, reports Bloomberg News. Facebook confirmed the closure of the platform to The Verge but not the specific date.”

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Amazon Freevee Increases Its Slate Of Originals, Establishes Itself As A Competitor To Watch

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TechCrunch reports: “During the Amazon NewFronts, Freevee (formerly IMDb TV) announced an increased slate of original programs and FAST (free ad-supported streaming TV) offerings, along with a short-term film licensing agreement with Disney Media & Entertainment Distribution. Last month, the company announced a 70% year-over-year increase to its originals slate.”

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