SONO Music Updates: K-Pop Industry Seeks Tax Breaks to Power Global Expansion and Innovation

**SONO Music Updates: K-Pop Industry Seeks Tax Breaks to Power Global Expansion and Innovation** Article Image

K-Pop’s New Call: Tax Breaks to Fuel Global Dominance The K-Pop juggernaut continues to roll with unparalleled momentum, captivating audiences across the globe with both its vibrant human performers and innovative virtual idols. This global phenomenon owes much to substantial investment from the South Korean government, which has historically supported this cultural behemoth. Now, industry […]

SONO Music Updates: Global Legal Battles, Streaming Tensions, and South Asia’s Musical Boom Capture Industry Spotlight

**SONO Music Updates: Global Legal Battles, Streaming Tensions, and South Asia's Musical Boom Capture Industry Spotlight** Article Image

SoundExchange Sparks Legal Showdown Over SiriusXM Ruling In a move that underscores a pivotal moment for digital royalty administration, SoundExchange is rallying against a recent ruling dismissing its right to sue companies over royalty disputes. Central to the clash is SoundExchange’s claim that SiriusXM has allegedly inflated the value of its webcasting services, reducing its […]

SONO Music Updates: Duolingo’s Bold Leap into Music Education with NextBeat Acquisition

**SONO Music Updates: Duolingo's Bold Leap into Music Education with NextBeat Acquisition** Article Image

Duolingo Embarks on a Musical Journey with NextBeat Acquisition In a bold move to extend its platform beyond language learning, Duolingo has acquired NextBeat, an innovative gaming startup, setting the stage for a groundbreaking approach to music education. The integration promises a shift from traditional classroom methods to engaging, game-like experiences. Spearheaded by Simon Hade, […]

SONO Music Updates: Unveiling the Global Surge in Music-Tech Innovation and Investment Trends

SONO Music Updates: Unveiling the Global Surge in Music-Tech Innovation and Investment Trends Article Image

Emerging Trends in Music-Tech: A Decisive Global Shift The dynamic world of music technology is witnessing a marked evolution as new data reveals intriguing trends in startup valuations and funding strategies. Recent insights from Outpost Partners highlight that the average early-stage music-tech startup boasts a valuation between $7 million and $8 million, with early funding […]

SONO Music Updates: Navigating Change in Artist Payouts and Industry Innovation In an evolving landscape, Deezer’s CEO challenges Spotify’s policies while championing support for smaller artists, as the music world navigates shifts in royalty structures, pricing strategies, and digital content trends.

Deezer CEO Challenges Spotify’s Policy While Emphasizing Artist Support In an evolving music industry landscape, Deezer CEO Alexis Lanternier is voicing concerns over Spotify’s recent artist-centric payout policy. While championing a supportive approach for smaller artists, Lanternier remains cautious of adopting drastic measures that might impact their earnings. Deezer pioneered the UMG-approved artist-centric payouts in […]

SONO Music Updates: ElevenLabs Revolutionizes AI Music with Ethical Innovation and Key Industry Partnerships

**SONO Music Updates: ElevenLabs Revolutionizes AI Music with Ethical Innovation and Key Industry Partnerships** Article Image

ElevenLabs Unveils Ethical AI Music Tool with Kobalt and Merlin Partnerships ElevenLabs is making waves in the music industry with its groundbreaking launch of Eleven Music, an AI-powered service that promises to transform music creation. Powered by fully-licensed music, Eleven Music offers an innovative approach to generating studio-quality tracks across any genre or style, complete […]

SONO Music Update: BlueBeat Founder Faces Fraud Charges, Shaking the Music-Tech Industry

### SONO Music Update: BlueBeat Founder Faces Fraud Charges, Shaking the Music-Tech Industry Article Image

Music-Tech Innovator Faces Legal Storm: BlueBeat Founder Indicted for Fraud In a significant turn of events within the music-tech landscape, Hank Risan, the founder of Media Rights Technologies, has been indicted on four counts of wire fraud by U.S. authorities. Risan’s company, BlueBeat, once a controversial name in the music streaming world, is under scrutiny […]