Infinite Album’s Post

Suno raised $125M and it appears they've also raised 125 million eyebrows. It's been interesting reading various takes on the raise, on the service, and the notion of possibly building a business on the back of copyright infringement, but we've all seen this before. 10 years ago, I wrote a piece for Hypebot after meeting several budding music tech startup founders at SF MusicTech Summit who clearly had not factored in music licensing into their music/digital media tech startup (some had raised money) and every word rings true today: "Putting lawsuits aside, it is important to understand the IP implications early on as it does affect your bottom line. Not taking into account the royalty payout requirements for the various licenses you’d need means your profit projections will be dramatically skewed (which doesn’t make for happy investors). I strongly recommend that anyone considering launching a music tech startup (or a startup that incidentally uses music, such as any video platform that allows UGC or a website with music as a complement to the core product offering) consult an IP attorney or at least a music business consultant who understands IP as it relates to new and emerging business models, like the author. Lastly, founders should consider the fact that the music tech companies who many aim to imitate have been beat into submission, sued into extinction, or raped of equity over the years. Napster, Youtube, Grooveshark, Myspace, Limewire, ReDigi, Veoh, iMeem, Vevo, Spotify, Thumbplay, Songbird, and many lost souls who’ve you’ve never heard about have all faced the big music machine. For those big enough to kick and fight, they may prolong the inevitable, all while not turning a profit—Pandora." Read the full piece at https://lnkd.in/efjNuVAv #music #musictech #musicrights #techstartups #startups #founder #startupfounder #musicpublishing #musiclicensing #ai #musicbusiness #vcs

Initial knee-jerk reactions upon hearing how Suno raised $125 million weren't necessarily positive (including mine). However, the radically optimistic take is that there is a strong growth market for music technology companies innovating music. Music is a fundamental of life, and therefore has profound intrinsic value. Music and technology will continue to shine new paths for humans to interact with sound. 2.5 years since I started Soundromeda, I've encountered three types of people: those who see the big vision I'm after and believe I can execute it, those that are too mystified by our innovation they need to see how others react to it first, and those that are so high-nosed in their gated circles they won't even give us a chance (lol at the last group). As a bootstrapped founder, the road is arduous and lonely, but we've built a great team along the way along with dozens of industry partners to persevere through the noise. Eventually, Soundromeda will have our day in the sun, and most of you will be blown away at how spot-on we are with our gameplay experiences, product design and strategy around the wild nature of music and IP while integrating the best of Web3 and our own AI. This is a true culmination of my life's path, and I wouldn't have it any other way. All will be revealed soon enough ;-) #music #gaming #web3 #ai

From AllTopStartups: Benjy Grinberg Discusses Navigating Innovative Business Models in the Hip-Hop Industry ------------------------------- The hip-hop industry has pioneered the creation and implementation of innovative business models that have revolutionized the music industry. From the early days of street performances to the modern era… The post Benjy Grinberg Discusses Navigating Innovative Business Models in the Hip-Hop Industry appeared first on AllTopStartups . #entrepreneur #startups #learnbusiness #techstartups #marketingtips #emailmarketing #businesstools #marketingstrategy #businessowner #startupbusiness #startuplife

*** 𝗪𝗶𝗻 𝟯 𝗠𝗼𝗻𝘁𝗵𝘀 𝗼𝗳 𝗙𝗿𝗲𝗲 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗦𝗼𝗻𝗴𝗽𝗮𝗰𝘁 𝗯𝘆 𝗦𝗵𝗮𝗿𝗶𝗻𝗴 𝗬𝗼𝘂𝗿 𝗠𝘂𝘀𝗶𝗰 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝘀 *** At Songpact, we understand the challenges and complexities many people face when it comes to music contracts, and we're committed to building a platform that addresses these pain points and provides the best possible experience for our users. 💬 𝗪𝗲 𝗪𝗮𝗻𝘁 𝘁𝗼 𝗛𝗲𝗮𝗿 𝗙𝗿𝗼𝗺 𝗬𝗼𝘂. Take part in a short survey and let us know about your prior music contract experiences - both good and bad - and tell us what features you would love to see from the Songpact platform. 🎁 𝗪𝗶𝗻 𝟯 𝗠𝗼𝗻𝘁𝗵𝘀 𝗙𝗥𝗘𝗘 𝗔𝗰𝗰𝗲𝘀𝘀. As a token of our gratitude, every completed survey will be entered into a draw to win 3 months of FREE access to Songpact. By working together, we can create a game-changing platform that revolutionises the way music contracts are handled. 𝗖𝗹𝗶𝗰𝗸 𝘁𝗵𝗲 𝗹𝗶𝗻𝗸 𝗯𝗲𝗹𝗼𝘄 𝘁𝗼 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝘁𝗵𝗲 𝘀𝘂𝗿𝘃𝗲𝘆: https://lnkd.in/gWMsjv8V #Songpact #MusicIndustry #MusicTech #Survey #Startup #musiccontracts #MusicRights

Calling all music tech and startup enthusiasts! I'm eager to learn about the exciting work you're doing in the music industry. Whether you're involved in music publishing, licensing, or anything in between, I'd love to hear about it. Don't hesitate to DM me or schedule a chat using the link on my profile. Let's connect and share our passion for music tech and startups! #musictech #startups #musicindustry #musicbusiness #musicpublishing #musiclicensing

Join us as we dive into the future of live music at Beyond The Music in a new event – Innovations in Live: Technology Transforming Live Music. Our event will focus on the ways that advanced tech can improve live events management, create immersive experiences and more. Here's what you can expect: 1. Live Demos: Get a firsthand look at innovative technologies from MTUK startup members, showcasing real-world applications that create more memorable experiences for audiences. 2. Expert Panel Discussion: Engage with industry leaders, including Jason Larcombe, immersive tech expert at d&b group, as they tackle the challenges facing live music professionals today. Discover how immersive audio and virtual reality technologies are reshaping the landscape. 3. Networking Opportunity: Continue the conversation and make new connections at the end-of-conference drinks. Don't miss this chance to explore how digital and physical live music experiences are merging to reach global audiences in innovative ways. Register now through the link in our comments (you’ll also need to register attendance at Beyond the Music too). See you in Manchester on Friday 11th October! #musicindustry #musicbusiness #musictech #entrepreneur #founder #entrepreneurship #startup #beyondthemusic #livemusic #live #immersiveaudio #virtualreality #networking

Our member Songpact are sharing this survey to understand what challenges people face with it comes to music contracts - please do take part!

Adobe reveals a GenAI tool for music #startup  #fundraising  #angelinvestor  #investments  #VentureCapital  #vc #Entrepreneurship  #venturefunding  #investing #TechNews #Innovation #technology #adobe https://lnkd.in/dzG2QUhM

"The best way to predict the future is to create it." - Peter Drucker We’re thrilled to announce the launch of the brand new Songpact website: https://songpact.com/ This isn’t just a website; it’s the gateway to a new era in how music contracts are created, negotiated, and signed. Visit us to discover more about Songpact, meet the team behind it, and join our pre-launch mailing list to stay connected. But we’re not stopping there. In just 3 days, a select group of industry professionals will begin Beta testing Songpact. These testers will get an exclusive look at how we’re transforming the music contract process, providing invaluable feedback that will help shape the final product. And here’s where you come in: We’re inviting a few more participants to join the Beta testing phase. If you’re ready to be part of something new and impactful, email us at [email protected]. Will you help shape the future of music contracts? #Songpact #Innovation #MusicIndustry #MusicTech #Startup #MusicContracts #BetaTesting #CreateTheFuture

Repeato ... Wanna be your unicorn It's all just a game. We all know that most startups don't become unicorns. People love success stories, but there are also failure stories, usually told by successful people. We had a great series of lectures on how to make a good startup story. Four lessons by entrepreneur Zdenek Fred Fous, founder of PurposeTech, a pre-seed fund that backs purpose-driven technology startups in Central and Eastern Europe. PurposeTech claims to be the most valued partners in our journey to change the world. Well, that's what Repeato wants to do. Unite Europe through music and make the world a better place for musicians and for the people. We believe that music can be an instrument of peace, integration and inclusion in an increasingly violent and divided world. Read this far and you like the idea? By commenting or liking this post, you'll increase our chances of winning the Pitch Competition. Thanks and please read on to learn more about the Repeato project. WHY invest in Repeato? To make Europe a world leader in CULTURAL INNOVATION by leveraging technology to create new opportunities for artists and audiences. HOW we do it? Create an inclusive ecosystem where everyone can explore, learn and teach MUSIC WITHOUT BARRIERS. WHAT will we do? Provide a smartphone app that allows people to actively participate in CREATING and TAKING music lessons. Enable students to COLLABORATE with teachers. We will present Repeato as a virtual European house where musicians can actively perform the diverse musical tradition, easily share and learn across boundaries and different languages thanks to modern technology. Pretty cool, isn't it? Who wins the pitch stage? Stay tuned. Next update in a week.