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The music industry’s long romance with an ever-expanding catalog of songs appears to be souring, as streaming platforms and rights holders confront a daily deluge that now includes 60,000 wholly AI-generated tracks uploaded to Deezer alone — roughly 39% of the French service’s daily intake, a statistic the company shared during Grammys week last month.
Streaming services now host 253 million songs, according to Luminate’s most recent annual report, after adding 51 million…
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The music industry’s long romance with an ever-expanding catalog of songs appears to be souring, as streaming platforms and rights holders confront a daily deluge that now includes 60,000 wholly AI-generated tracks uploaded to Deezer alone — roughly 39% of the French service’s daily intake, a statistic the company shared during Grammys week last month.
Streaming services now host 253 million songs, according to Luminate’s most recent annual report, after adding 51 million…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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