And the biggest news over the last 24 comes from YouTube, which scored yet another damning legal victory over Viacom. Earlier, Viacom revived its case at the appellate level by pointing to possible knowledge of infringing activity, which could constitute mass DMCA violations. That kept the case alive, thought District Court judge Louis Stanton ultimately tossed the case based on fleeting and spurious evidence. “The burden of showing that YouTube knew or was aware of the specific infringements of the works in suit cannot be shifted to YouTube to disprove,” Stanton opined.
If you both like Barry White, then you’re in luck. But seriously, how much would you invest in a startup focused on matching singles based on their musical preferences? This is a concept that’s been floating around for more than a decade, but the UK-based Tastebuds.fm has just scored a $600,000 seed round from Black Ocean. Tastebuds tossed a Spotify app into the mix roughly one year ago, which would explain all those three-month-old babies…
But $600,000… funny money, right? Welcome to the whale round of the week, which belongs to none other than Music Mastermind. The Calabasas, CA-based company, which revolves around auto-generating customized music, just attracted an $11.36 million round from an investor group led by Intel Capital and Liberty Global. The dough will be plowed into Zya, a gaming collaboration with EA’s Chillingo unit. According to VentureBeat, the 39-person, low-profile Mastermind has now pulled $27 million in financing across three juicy rounds.
Back on Earth, SF Musictech Summit has just announced a new slate of speakers for its late-May affair. The latest add-ons include Ken Jordan of the Crystal Method, Matt Mason of BitTorrent, Aaron Ray of the Collective, and Nadeem Kassamm of BioBeats.
Written while listening to Miike Snow.