Meta CEO Mark Zuckerberg reported an increase in the number of daily reel views to 180 billion, surpassing the 140 billion reported in the second quarter of 2023. Zuckerberg estimates that the format has an annual revenue rate of $10 billion, putting it in direct...
TikTok Music, the new music streaming app, has officially launched in Indonesia and Brazil, becoming a competitor to Spotify. Licensed by major record companies, the app offers a paid music subscription service. It harnesses the power of music discovery on TikTok, and offers a complete...
The Larrosa Group, a company that provides consulting and advice in the music industry, has decided to stop offering the traditional consulting service and, in its place, has presented its new expert advisor in the music industry called “Wolfie”. This tool based on artificial intelligence...
Futureverse, a versatile AI company introduced its new text-based music generator in a recent research paper published on August 10. Dubbed Jen-1, this unpublished model aims to overcome the limitations of current music generators, such as Google’s MusicLM. It also promises to offer higher audio...
