To maximize any chance of success in the music business, aspiring artists must gain an understanding of how music is consumed and how that is changing alongside technology. This graphic from Athul Alexander highlights global music consumption habits. Data is from 2022 and is sourced from a survey of over 44,000 people from 22 countries by IFPI that asked

New York, NY – January 30, 2022 – Sony Music Group (SMG) today announced the global expansion of its annual Beyond The Instrument initiative. Now in its third year, the program will include academic activations in the U.S. and U.K. throughout the month of February, providing international resources and exposure to music professionals and creatives and collaborating with community

Opportunities ahead. In media and entertainment, we can point to cycles of evolution and change, often driven by changing consumer preferences, and always enabled by advances in technology. The current cycle of technological advances and pace of innovation is unprecedented. Opportunity for companies across the sectors of media and entertainment (and beyond), as well as

Streaming video, social media, and gaming are helping to enable new business models and reshaping media and entertainment. But the real story for 2023 is that these three sectors are increasingly becoming more interdependent as part of a broader and richer media and entertainment ecosystem. Successful companies will likely develop strong visions that span these

Artificial Intelligence You probably saw this one coming from a mile away, but it would be impossible to have a music tech trends article without touching on AI! This is an ever-expanding topic, so we’ll keep this focused on what’s most relevant right now. AI isn’t likely to replace music producers anytime soon, but it

A new AI project called Riffusion can generate spectrograms which produce sounds based on what style of music you ask it for. The rise in AI over the last year has been phenomenal – we’ve seen Pilot Plugins’ futuristic AI avatars that can help you generate new MIDI and audio files, an AI cover of Dolly Parton’s Jolene, and more.

For professional services firm EY (Ernst & Young Global Limited), knowing that their clients rely on them to understand what is changing about how people live and work means jumping into the metaverse themselves. Since June of 2021, a team at EY called the Cognitive Human Enterprise has been building a virtual world with a

Tech companies, eager to expand their streaming audiences, increasingly see live sports as a way to do it. Competing for rights to broadcast games from the N.F.L. and other leagues could be hard for broadcast and cable companies that “aren’t playing by the same financial rules.” More than a decade after Apple disrupted the music

TIKTOK HAS BEGUN a global restructuring of its business that includes layoffs, according to five people with knowledge of the process. The short-form video app, owned by Chinese parent company ByteDance, has rapidly expanded both its user base and workforce in recent years. Despite tensions with the Trump administration over fears it could be a tool of China’s