Business

Making music streaming more fair for artists

The way people listen to music has drastically changed in the past few decades. In a recent survey of internet users by the International Federation of the Phonographic Industry (IFPI), 78% said they listen to music through ...

Business

Is AI the future of art?

To many they are art's next big thing—digital images of jellyfish pulsing and blurring in a dark pink sea, or dozens of butterflies fusing together into a single organism.

Business

NFT of first-ever tweet a dud in online auction

An NFT of the first tweet ever posted on Twitter was struggling to attract bidders on Thursday, with the highest offer so far just shy of $10,000—a year after it was bought for $2.9 million.

Business

Pricey pixels: Why people spend fortunes on NFT art

Thousands of artists beaver away every day creating images to sell as digital tokens (NFTs) in online exchanges. The market is booming, the most popular pieces can sell for millions, but outsiders may wonder why anyone would ...

Internet

Spotify is powerful. Is it biased?

Research published in the International Journal of Industrial Organization found that independent-label music and female artists benefited most from an appearance on Spotify's New Music Friday playlist, which is a curated ...

Business

Europe bids to join NFT art auction craze

Europe has joined the craze for NFTs, virtual art pieces inspired by cryptocurrencies that turn the impermanence of the internet into a prized collector's item to be bought and sold like a Rembrandt.

Machine learning & AI

A study finds gender bias in music recommendation algorithms

Although the problem of gender discrimination is already found in the music industry, music recommendation algorithms would be increasing the gender gap. Andrés Ferraro and Xavier Serra, researchers of the Music Technology ...

Business

Auction houses Sotheby's, Phillips latest to join NFT craze

Sotheby's and Phillips launched so-called NFT auctions on Monday, a month after Christie's sold a digital artwork for $69.3 million, as traditional auction houses seek to capitalize on the craze shaking up the art market.

Business

Streaming drives 7.4% global music growth in 2020

The global recorded music business grew by 7.4 percent last year, an industry body said Tuesday, as streaming continued to drive a fast-paced recovery from the doldrums of the piracy era.

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