Tag: startups

Venture capital investment rises in L.A., and not just for AI startups

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Chart of venture capital investments raised for LA area businesses in the first quarter of each year. 2025 saw $3.1 billion, up from Q1 2024 ($2.7 billion) but down from the recent high of $6.7 billion in 2021

Early this year, private equity firm Blackstone bet big on the future of artificial intelligence by investing $300 million in a Chatsworth company that’s been around for more than two decades. The company, DDN, helps […]

These Shuttered Music Industry Startups Raised Over $320 Million Between 2020 and 2023 — A Look at the Latest Music Startup Crashes, Pivots, and Acquisitions

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Spotify's Individual Subscribers Are Suddenly Declining In the US — Here's a Look at the Latest Data

Splashy funding announcements are extremely common in the music industry. But what happens to startups after they exit the media spotlight? It’s not always pretty. When it comes to startup success, getting the big funding […]

Major Record Labels Sue AI Start-Ups for Copyright Infringement

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Major Record Labels Sue AI Start-Ups for Copyright Infringement

The three major record labels Universal Music Group, Sony Music, and Warner Music Group have filed lawsuits against AI start-up companies Suno and Udio alleging copyright infringement. Brought forth by the Recording Industry Association of […]

Sony, Universal, Warner sue AI startups Suno, Udio for infringement

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Mariah Carey

Major record labels Sony Music, Universal Music Group and Warner Records sued artificial intelligence companies Suno and Udio on Monday, accusing them of committing mass copyright infringement by using the labels’ recordings to train music-generating AI systems. The companies […]