Filtering by
- All Subjects: Spotify
- All Subjects: AI
- Creators: Roumina, Kavous
- Resource Type: Text
Music streaming services have affected the music industry from both a financial and legal standpoint. Their current business model affects stakeholders such as artists, users, and investors. These services have been scrutinized recently for their imperfect royalty distribution model. Covid-19 has made these discussions even more relevant as touring income has come to a halt for musicians and the live entertainment industry. <br/>Under the current per-stream model, it is becoming exceedingly hard for artists to make a living off of streams. This forces artists to tour heavily as well as cut corners to create what is essentially “disposable art”. Rapidly releasing multiple projects a year has become the norm for many modern artists. This paper will examine the licensing framework, royalty payout issues, and propose a solution.
With an increase in Artificial Intelligence applications in the world of technology, its usage has extended as far as the world of business, with small, medium, and large firms offering both products and services for consumer and business use. Through its historical development, and the devolvement of frameworks, algorithms, and basic toolkits, the application of AI in business was able to flourish. The development of multiple tools such as smart stethoscopes and conversational assistants throughout multiple industries has created a complex commercial enterprise of Artificial Intelligence for the specific genre of business and its applications today are bound to have major effects on the AI applications of tomorrow.