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Metaverse Developer Karta Debuts Fortnite Studio, Aims To ‘Partner With Rightsholders and Popular IP Owners from Music’

August 16, 2023

(l to r): Karta Fortnite studio team members Leven2k (creative lead), Erik Londré (Karta founder and CEO), Mihailis Mozajevs, Wednesday Garret, Harry Hartwell, and Joe Baxter-Webb. Photo Credit: Karta Metaver... Read More...

Futureverse Formally Introduces JEN-1 Text-to-Music Generator, Says It ‘Produces Music of Perceptually Higher Quality’ Than MusicLM, MusicGen, and Others

Dylan Smith

August 14, 2023

Futureverse co-founders Shara Senderoff and Aaron McDonald. Photo Credit: TCK Photo On the heels of a $54 million funding round, artificial intelligence and metaverse company Futureverse has officia... Read More...

‘Synthetic Artists’ Creator Superplastic Inks With Virgin Music After Securing a $20 Million Investment From Amazon, Google, and Others

Dylan Smith

July 27, 2023

Vince Staples (center) and Ghost Kidz, the first virtual act signed to the newly established Superplastic Records. Photo Credit: Superplastic A little over five months after announcing a $20 million raise tha... Read More...

Infinite Canvas Announces $6 Million In Funding for UGC Games

Ashley King

July 13, 2023

Photo Credit: Infinite Canvas Infinite Canvas announced today that it has raised $6 million in its latest funding round. The studio promotes and enables user-generated content (UGC) on platforms like Roblox a... Read More...

Sound.xyz Announces $20 Million Raise, Opens to All Artists: ‘The Streaming Economy Is Broken for Most’

Dylan Smith

July 12, 2023

Photo Credit: Andrey Metelev Self-described “web3-native music and economic tools” suite Sound.xyz has announced a multimillion-dollar raise and made its previously limited-access platform available to all ar... Read More...

Metaverse Studio Karta Secures Investment from Pioneers Across Music, Gaming, Sports Industries

Ashley King

July 10, 2023

Photo Credit: Karta Metaverse studio Karta secures new investors after successful campaigns with clients including Republic Records, JYP Management, Unilever, Amazon Music, and Ronald McDonald House, with an ... Read More...

With The Introduction of Apple’s $3,500 Vision Pro Headset, The Focus on Spatial Audio Makes Sense

Ashley King

June 6, 2023

Photo Credit: Apple Apple unveiled its Vision Pro headset with a $3,499 price tag. The experimental tech is ushering in what Apple calls the era of spatial computing. During its WWDC 2023 conference, Apple f... Read More...

Virtual Concert Company VARK Announces $7.2 Million Raise, Eyes Global Buildout: ‘We Need At Least Ten Times This Amount of Funding and More People to Help Us Spread’

Dylan Smith

May 30, 2023

Photo Credit: Uriel Soberanes Tokyo-headquartered “virtual live music event platform” VARK has announced an “approximately one billion yen” ($7.16 million at the present exchange rate) first close of its Seri... Read More...

Turntable LIVE is Now Bringing Artist-Hosted Listening Parties — All On the Classic Turntable Dancefloor

Paul Resnikoff

May 14, 2023

Photo Credit: Turntable LIVE Turntable LIVE's listening parties cater to exclusive fan engagement sessions, fundraising events, and album releases. These virtual events feature real-time chat alongside audio ... Read More...

XDMind Is Tapping AI to Quickly Match Catalogs to Video — Can This Bump the Value of Music Catalogs?

Paul Resnikoff

April 12, 2023

Photo Credit: Maraisea XdMind opens up catalogs to AI-powered music sync in dynamic environments, a potentially lucrative development for IP owners. Adapting to user preferences, the technology selects the be... Read More...

American Teens Aren’t Thrilled with the Metaverse — Only 4% Use VR Daily

Ashley King

April 10, 2023

Photo Credit: Remy Gieling A new report suggests American teens aren't thrilled with the VR metaverse—just 4% report daily use of VR headsets. According to a survey of 5,600 teens in America, VR ownership i... Read More...

Decentraland Real Estate Prices Plunged Nearly 90% In One Year

Ashley King

March 30, 2023

Photo Credit: Raluca Seceleanu Once a corporate darling in the metaverse frontier, Decentraland is a ghost town as investors abandon the metaverse. Decentraland was hailed in 2021 as one of the first instanc... Read More...