2021 Was A Good Year For Music And 2022 Will Be Even Better: Here’s Why – Forbes

2021 has been a difficult year. That’s true. But there are reasons to be cheerful as we look towards 2022. One main reason is of all years, 2021 was a banner year for music. I don’t mean exclusively for the music industry, but for the entire music ecosystem in many countries around the world. In 2021, music was incorporated into global policy. In some countries, artists were prioritised by policymakers. Countries that had never invested in their music economies began to and pandemic support for artists, venues and music businesses increased. This is a start and there is a long way to go, but all in all, 2021 gives us reasons to be hopeful for 2022.  I thought I would list a few of these reasons. 

The music industry, however inequitable it is, continues to grow: 

In most countries, any time music is listened to or used in any way, someone gets paid. A lot of music was listened to in 2021. As a result, the commercial recorded music industry grew by 7.4% at last count and the total value of music, according to economist Will Page, increased by $2.1 billion USD to a total value of $31.6 billion. Those that make their money from copyright are benefitting, which has prompted a fire sale of music rights, led by Wall Street. Blackstone has launched a $1 billion USD fund to invest in music rights. KKR, another hedge fund, bought Kobalt, an independent music publisher’s catalogue for $1.1 billion USD. This is not just happening in North America and Europe. African artists are seeing record investments. We have also seen the rise of independent management entities, or IMEs, which are private companies disrupting copyright, offering paths to income in countries that lack robust or transparent copyright management frameworks. Money talks, and in some circles of the music industry, there is more of it. And with it, the industry is being forced to confront a number of hard truths, which is the second reason why 2021 offers reasons for optimism.

1st August 1972: Christine Harris wearing Auralgard II Ear Defenders during an exhibition at the … [+] Design Centre in London. (Photo by Peter King/Fox Photos/Getty Images)

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The Exploitation of Artists & Equity Are Finally Being Addressed

What will change is still to be seen, but the fact that the rights of artists and songwriters have become more of a priority in 2021 is worth celebrating. The U.K. Government’s Department of Culture, Media and Sport’s Committee Enquiry into its music streaming market and the #BrokenRecord campaign led to a debate in the House of Commons, the launch of a Competitions and Market Authority investigation into music sector monopolisation, and an extensive debate into the value of music creators and how to equitably distribute revenues. Regardless of the side one is on, it is heartening to see a debate focused on artists’ rights grow to reach the House of Commons. This is not a uniquely U.K. phenomenon. Similar debates have accelerated in 2021 to address the inequitable payment …….


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Google AI Tool Creates Music from Written Descriptions – VOA Learning English

This week, Google researchers published a paper describing results from an artificial intelligence (AI) tool built to create music.

The tool, called MusicLM, is not the first AI music tool to launch. But the examples Google provides demonstrate musical creative ability based on a limited set of descriptive words.

AI shows how complex computer systems have been trained to behave in human-like ways.

Tools like ChatGPT can quickly produce, or generate, written documents that compare well with the work by humans. ChatGPT and similar systems require powerful computers to operate complex machine-learning models. The San Francisco-based company OpenAI launched ChatGPT late…….


Bringing music to the masses… on a tram – BBC

French pianists, Hervé Billaut and Guillaume Coppola, brought a piano on to a tram in Nantes, as part of the opening of the annual La Folle Journée classical music festival.

They played to passengers all afternoon on Wednesday.

Mr Billaut said that they wanted to bring music to places you don’t expect it: “Perhaps someone, a child, a young person or a pensioner will have a musical shock.”