TechCrunch reports: “Mindset, a platform featuring personal story collections from recording artists, announced today that it raised $8.7 million in seed funding.”
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Music Business Worldwide reports: “The following MBW op/ed comes from Tom Allen, Managing Director of UK-headquartered Curve Royalty Systems. Curve has worked with music industry companies including Domino Recordings Co, Mad Decent, Audio Salad, and Cooking Vinyl.”
Digiday reports: “Paid social media’s oligarchy, made up of Facebook, Instagram and YouTube, may soon have to share the crown as competing social media platforms are getting a second look from advertisers.”
The Verge reports: “Spotify is broadening the number of people who can offer subscription podcasts and have their shows play on its service. Today, the company announced that all US-based podcasters can use Anchor, its podcast creation and distribution platform, to sell subscriptions for exclusive episodes that’ll be available both through a private RSS feed and within the Spotify app, which doesn’t otherwise support private shows over RSS.”
Gamesindustry.biz reports: “Today Unity announced that it has acquired voice analytics company OTO. As a result of the acquisition, OTO’s technology will be fully integrated into Unity.”
Hypebot reports: “While many artists continue to struggle financially in the new streaming economy, many major labels appear to be doing just fine, bringing in more than $20 billion in global revenue over the past year.”
TechCrunch reports: “TikTok is moving into e-commerce. The company announced this morning an expanded partnership with e-commerce platform Shopify, as well as a pilot test of TikTok Shopping among select Shopify merchants across the U.S., U.K. and Canada in the weeks to come.”
Deadline reports: “In its latest push into the fast growing, red-hot crypto/NFT space, UTA has signed new client Rally and is working “to educate and inspire” creators, artists, celebrities and athletes to connect with fans on the platform.”
The Verge reports: “YouTube’s Partner Program, which allows users to make money off their videos, has passed the 2 million creator mark, the company said Monday. The platform has helped turn YouTube into a viable business for top creators like PewDiePie and Jenna Marbles, but it’s also been the cause of consternation for the company when eligible partners — often those same top creators — do something that reflects poorly on the platform and temporarily drives away advertisers.”
Variety reports: “Netflix was the big winner as the California Film Commission awarded a record-setting $138.8 million in film tax credits on Monday.”
