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>>
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>>

Startup Spotlight

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>>
Here’s what’s new on our Sales Intelligence Platform
Get similar accounts suggestions in My Accounts
  • Get to know the Business Competitors in the About section of a Company Profile
  • Get similar companies suggestions in My Accounts to enrich your list
  • Now, you can mark a braindesk request as ‘Visible to only admins and me’ to raise confidential requests
  • Reskilling Transition Details is enriched with Paths Empirical Data by Movement Type analysis (eg, % of historical movements from startup to a larger organization) to help you understand the transitions deep characteristics
  • Introducing ‘Gender Diversity Index’ and ‘Academic Research Index’ in University Hiring section to help you compare universities on Gender Diversity and Academic Research work
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