Several platforms that allow artists to create and listen to music also see educational initiatives as a way to foster loyalty — and possibly make extra money
BandLab, the free social music creation platform, now reaches 100 million users.
"This collaboration is designed to be a beacon of innovation and ethical practice in the industry," reads a statement.
Marks the first music creation company to back the HAC, which supports artists' rights in the age of AI.
Ripple, which launched in Beta on Friday, would allow TikTokers to create audio for their clips without ever leaving a ByteDance app.
The collaborative music creation platform received funding from existing investor Cercano Management as well as Prosus Ventures.
Also this week: Utopia Music unloads ROSTR, Codiciado signs with Virgin Music U.S. Latin and more.
Kuok Meng Ru says BandLab's goal is to empower artists and democratize music. One artist has even scored a Billboard Hot 100 hit with the platform.