Epidemic Sound launches AI audio-based search tool on Google Cloud
Key Signals in Media & Entertainment
Center Setup LEGO opens new digital office in Copenhagen The company has recently announced that they have opened a new digital office in Copenhagen that will be used to accelerate digital transformation. Read More>>Partnerships NBL Canada Taps IMG Arena as Sports Data Distribution Partner The National Basketball League of Canada NBL has teamed up with IMG Arena with the latter company becoming the official data supplier for the company. Moving forward, IMG Arena will tap into the league data feeds. Read More>> Epidemic Sound launches AI audio-based search tool on Google Cloud Epidemic Sound, the market-leading service for direct licensing of royalty-free music, today announced Epidemic Audio Reference (EAR), an audio-based search tool running on Google Cloud that will help content creators quickly and easily find music for their productions. Read More>>Mergers and Acquisitions Alma Media has acquired full ownership of Netello Systems Oy The media company has acquired full ownership of Netello Systems Oy’s shares. Previously, Alma Media-owned 60 percent of the company. The company provides digital marketing solutions specifically for small and medium-sized enterprises. Read More>>Executive Movement Nine Entertainment appoints Rebecca Haagsma as chief product officer Haagsma will lead Nine’s digital product capability, encompassing product vision, strategy, management, and design, as well as a data product. Read More>> Allison Davis joins Wiley as employee relations director, APAC In her previous role, Davis served as human resource director for iMedX Australia & New Zealand, a medical documentation company. Read More>>
Latest Industry Insights from Draup Braindesk
Houghton Mifflin Harcourt is focused on using an intelligent reading assistant that listens to, and assesses to bolster early literacy for students. It also provides an oral reading fluency assessment.
The company concentrates on performing an organizational restructuring process to enhance business operations by providing impactful learning experiences across all subjects and curriculum solutions.
The company aims to update the connected teaching and learning platform to enable seamless integration across district and school EdTech ecosystems.
Key Funding Alert
Spotify CEO Daniel Ek invests USD 50 Mn into his music and podcast streaming platform
The company announced last month that its premium members increased 15% year over year to 182 million in the first quarter of 2022, up from 180 million the previous quarter. Monthly active users increased 19% year over year to 422 million, up from 406 million last quarter and above the company’s expectation by four million. Read More>>
Company – Inkitt Total Funding – USD 80 Mn About: Inkitt is a pioneer at the forefront of data-driven publishing. Using an analytic and objective approach, Inkitt has discovered hundreds of talented authors around the world with over 50% of their published authors achieving USD 100,000+ in sales. Read More>>
Latest Reports Published in Draup
Real Chemistry – Account Intelligence Report
Real Chemistry’s initiatives focuses on digital customer experiences, innovative platforms and product offerings to enhance customer experience. Through this model, Real Chemistry will position its future goals in enhancing its capabilities across digital offerings. Read More>>
5G in the Retail Industry: Stores & e-commerce, supply chain, and sales & marketing will be the three key segments that will be an overwhelming focus on 5G in the retail industry. They are rapidly increasing their digital capabilities through partnerships with specialized technology providers. Read More>>
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