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Metaverse

 
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Infinite Canvas funding

Infinite Canvas Announces $6 Million In Funding for UGC Games

Ashley King
July 13, 2023
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 and Fortnite. Now it is settin... Read More...
Snoop Dogg Death Row Records

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

Dylan Smith
July 12, 2023
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 artists. Two-year-old Sound d... Read More...
Metaverse Karta

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

Ashley King
July 10, 2023
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 investment seed roun... Read More...
Apple Vision Pro headset

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

Ashley King
June 6, 2023
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 finally gave the worl... 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
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 Series C. The six-year-old virtu... Read More...

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

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May 14, 2023
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 broadcast directly from Spoti... 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
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 best music for video, fil... Read More...
VR teens metaverse

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

Ashley King
April 10, 2023
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 is relatively low compared t... Read More...
Decentraland

Decentraland Real Estate Prices Plunged Nearly 90% In One Year

Ashley King
March 30, 2023
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 instances of an actual metaverse for u... Read More...
Disney scales back metaverse division amid broader layoffs

Disney Shuts Down Its Metaverse Division Amid Broader Layoffs

Ashley King
March 29, 2023
Disney is exiting the metaverse entirely — and laying off around 50 employees from its metaverse division. The move comes as the Walt Disney Co. announced a round of layoffs impacting around 7,000 people. Th... Read More...
Digital Music Summit CRS 2023

Cutting Through Web3 & AI Hype at the CRS Digital Music Summit In Nashville

Ashley King
March 6, 2023
Does the future of music lie with web3, NFTs, and virtual world technology? Maybe. Digital Music News is cutting through the hype during the Digital Music Summit at Country Radio Seminar (CRS). Here’s a quick... Read More...
ICE STYNGR metaverse

ICE Strikes Deal with Gaming & Metaverse Start-Up STYNGR

Ashley King
February 23, 2023
ICE announces a deal with gaming metaverse start-up STYNGR, covering the multi-territory use of the ICE Core repertoire. ICE, the music tech company providing royalties for songwriters, has announced a deal ... Read More...
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