AI Is Creeping Into the ‘Functional’ Music Market — What Happens Next?

  • 📰 billboard
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

“The model right now really sucks when rain and white noise is eating into market share,” says one exec at a distribution company.

In fall 2022, the music industry was fixated on the volume of new tracks being uploaded to streaming services — some executives believed it had crossed 100,000 tracks a day. But what if that number were to increase a thousandfold?, founder/CEO of Boomy, a company that offers aspiring musicians the chance to make songs in seconds with help from artificial-intelligence tools.

“The model right now, whether you’re an independent artist or on a major label, really sucks when rain and white noise is eating into market share,” agrees one executive at a distribution company. “That’s not music.” When companies upload hours-long playlists of rainfall with the goal of earning nighttime streams, “it’s hard to argue that there’s any composed thought in that — there doesn’t seem to be a creative act,” says, founder/CEO of LifeScore, which uses AI to “create unique, real-time soundtracks for every journey.” He adds, “Some aspects of that look like a cynical money grab.” Put more simply, functional music’s gain could be part of the majors’ loss.

It’s no surprise, then, that all of the majors have tried to establish a presence in this corner of the streaming market. In 2019, Donoghue wrote about a playlist called Sleep & Mindfulness Thunderstorms put together by Filtr, a playlisting company owned by Sony Music: a downpour cut into hundreds of minutelong snippets. UMG has partnered with the Calm app on 60-minute sleep remixes of tracks in its catalog.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 112. in BE

Belgique Dernières Nouvelles, Belgique Actualités