TikTok owner Bytedance is set to bring in screen time caps for Douyin, the Chinese version of the phenomenally successful app, for users under 14 years old as Beijing continues to crack down on the influence of tech companies in the country. According to a report in Bloomberg, Douyin made significant changes to its ‘youth’ mode last week, limiting daily usage time to a maximum of 40 minutes for those aged under 14 and also banning them from accessing the app from 10 p.m. to 6 a.m. The company has now also rolled out a new youth-orientated version on Douyin, dubbed Xiao Qu Xing or ‘Little Fun Star,’ that, via its algorithm, promotes and prioritizes more educational videos and allows users to like but not upload their own clips. You Deserve to Make...
Amazon-owned Twitch has operated under the DMCA for years without backlash, but ever since the pandemic turned the music industry’s attention to Twitch for livestreaming concerts, spurring huge growth for the platform, music trade organizations like the NMPA and RIAA have accused Twitch of taking advantage of the DMCA to avoid paying for music — similar to the way the organizations have pressured TikTok, Facebook and YouTube to sign licensing deals in the past. So the two organizations have flooded Twitch with tens of thousands of takedown requests over the past year, forcing Twitch to the negotiation table by frustrating its users. In response, Twitch vp/head of music Tracy Chan has reiterated that Twitch does not tolerate copyright infringement, arguing that Twitch’s monetiza...
HipHopWired Featured Video Source: Johnny Nunez / Getty A bunch of music artists coming together to promote a music streaming platform the benefits them? Now, where have we heard this before? Hip-Hop stars Nas and Pusha T are among the many names who have now become investors in the Audius, a music streaming startup that Rolling Stone describes as a rival to Spotify. If the idea sounds somewhat familiar to you, that’s because it is. The last time we saw music artists and other big names in the music industry come together like this was for Tidal, which JAY-Z owned before selling it to Jack Dorsey’s Square. The spectacle saw other artists like Beyoncé, Kanye West, Alicia Keys, and other investors join the ambitious venture. But, there is a significant difference when it comes to this ...
“It was almost too good to be true,” says Udell, who has worked with artists like Krewella and ZHU. “All these people involved? Really? But then I read the white paper, and I was super inspired.” That white paper described a platform resembling Twitter, where users have profiles and can post, like, comment and share content. Anyone who joins the platform gets a creator coin in their name, the value of which theoretically fluctuates depending on that person’s social standing and how many coins are in circulation. Users can then can buy and sell each other’s coins using the platform’s native cryptocurrency, BitClout. (“If Elon Musk succeeds in landing the first person on Mars, his coin price should theoretically go up” because more users would buy his coin...
The company has had a series of high-profile partnerships with major music streams — from a lyric deal with Spotify to display context behind songs, to a built-in Apple Music player on the Genius website — and even launched its own livestreaming platform last year called Genius Live. But none of its initiatives were enough to move its valuation up in the past few years. The result is a sale that will come with job cuts. “We are restructuring the way in which original content is produced at Genius and as part of that some very talented individuals on the content and production teams were let go,” MediaLab said in a statement to Bloomberg. MediaLab says it will invest in the “community platform” as it focuses on emerging artists for the platform. MediaLab owns a small group of co...