Check this sentence from a story in the New York Times on music startup Imeem: “This month, Warner Music Group forgave Imeem’s debt, and both Warner and Universal Music agreed to relax the terms of their licensing deals with the site”. Major labels going easy on music startups? The article suggests it’s a wider trend: “We are trying to figure out how to restructure partnerships and develop a healthier ecosystem where entrepreneurs can continue to innovate,” says WMG’s EVP for digital strategy Michael Nash. The same article claims Imeem will soon launch its own MP3 store, and also that Spotify will launch in the US this year.
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Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…